TJX Companies, Inc. (The) (NYSE:TJX).
Vontobel Asset Management Inc says it increased its position in TJX Companies, Inc. (The) by 23.5% in the last quarter. Its position was worth $156,730,000 an increase of $16,205,000 as of the end of the quarter.
The following firms have also recently changed their position in TJX. Gateway Investment Advisers LLC downsized its holdings by selling 18,990 shares a decrease of 4.3% in the quarter. Gateway Investment Advisers LLC now holds 423,266 shares with a value of $30,547,000. The total value of its holdings decreased 12.7%. As of the end of the quarter Narwhal Capital Management had bought a total of 20,600 shares growing its position 247.4%. The value of the investment in TJX increased from $658,000 to $2,088,000 a change of $1,430,000 since the last quarter.
Pennsylvania Trust Co divested its investment by shedding 692 shares a decrease of 4.1% from 03/31/2017 to 06/30/2017. Pennsylvania Trust Co now controls 16,207 shares valued at $1,170,000. The value of the position overall is down by 12.4%.
On May 17 the company was upgraded from “Equal-weight” to “Overweight” in a report from Morgan Stanley. Equity analyst Guggenheim Securities initiated coverage on TJX with an initial rating of “Buy”.
August 17 investment analysts at Wedbush maintained a company rating of “Outperform” but raised the price expectation from $63.00 to $84.00. On March 4 the stock rating was downgraded to “Neutral” from “Buy” in a statement from Citigroup.
On February 25 Cowen & Company made no change to the company rating of “Outperform” but moved up the price target to $85.00 from $75.00. February 25 investment analysts at Deutsche Bank left the stock rating at “Buy” but lowered the price target from $83.00 to $82.00.
The company is trading up by 0.31% since yesterday’s close of $68.62. Additionally the company declared a dividend for shareholders to be paid on Thursday August 31st, 2017. The dividend will be $0.313 per share for the quarter or $1.25 annualized. The dividend yield will be $1.78. The ex-dividend date has been established as Tuesday the 9th of May 2017.
Shares of the company are trading at $68.83 barely below $73.56, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $76.31. The 50 day moving average was down by -6.25% and the 200 day average went down $-7.35 or -9.63%.
The company’s P/E ratio is 19.58 and market capitalization is 44.36B. As of the last earnings report the EPS was $3.52 and is projected to be $3.89 for the current year with 643,276,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.00 and the next full year EPS is anticipated to be $4.22.