Nicolet Bankshares Inc. maintained its position in The TJX Cos. (NYSE:TJX) during the second quarter, Holdings Channel reports. The institutional investor owned 2,716 shares of the apparel and home fashions retailer’s stock at the end of the second quarter. Nicolet Bankshares Inc.’s holdings in The TJX Cos. were worth $210,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Credit Agricole S A boosted its stake in shares of The TJX Cos. by 166.7% in the first quarter. Credit Agricole S A now owns 1,483,436 shares of the apparel and home fashions retailer’s stock worth $116,227,000 after buying an additional 927,167 shares during the last quarter. 1832 Asset Management L.P. boosted its stake in shares of The TJX Cos. by 53.5% in the first quarter. 1832 Asset Management L.P. now owns 1,927,500 shares of the apparel and home fashions retailer’s stock worth $255,225,000 after buying an additional 671,500 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in shares of The TJX Cos. during the second quarter worth about $46,705,000. Renaissance Technologies LLC purchased a new stake in shares of The TJX Cos. during the first quarter worth about $42,771,000. Finally, Strs Ohio boosted its stake in shares of The TJX Cos. by 75.3% in the second quarter. Strs Ohio now owns 1,168,157 shares of the apparel and home fashions retailer’s stock worth $90,216,000 after buying an additional 501,794 shares during the last quarter. Institutional investors own 88.74% of the company’s stock.
The TJX Cos. (NYSE:TJX) traded down 1.23% during trading on Monday, hitting $73.32. 2,106,258 shares of the stock traded hands. The company has a 50-day moving average price of $75.52 and a 200-day moving average price of $77.12. The stock has a market cap of $48.15 billion, a PE ratio of 21.29 and a beta of 0.65. The TJX Cos. has a 12 month low of $63.53 and a 12 month high of $83.64.
The TJX Cos. (NYSE:TJX) last posted its earnings results on Tuesday, August 16th. The apparel and home fashions retailer reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.03. The business had revenue of $7.88 billion for the quarter, compared to analyst estimates of $7.85 billion. The TJX Cos. had a net margin of 7.23% and a return on equity of 52.69%. The TJX Cos.’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 EPS. Equities research analysts expect that The TJX Cos. will post $3.49 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 10th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Tuesday, November 8th. The TJX Cos.’s dividend payout ratio (DPR) is presently 30.15%.
A number of equities research analysts have recently issued reports on TJX shares. Wedbush upped their target price on shares of The TJX Cos. from $82.00 to $84.00 and gave the company an “outperform” rating in a report on Wednesday, August 17th. Zacks Investment Research cut shares of The TJX Cos. from a “hold” rating to a “sell” rating in a report on Tuesday, July 19th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a $92.00 target price on shares of The TJX Cos. in a report on Monday, August 1st. Miller Tabak started coverage on shares of The TJX Cos. in a report on Friday, June 24th. They issued a “buy” rating and a $91.00 target price on the stock. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $85.00 target price on shares of The TJX Cos. in a report on Wednesday, October 12th. Five investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $83.51.
The TJX Cos. Company Profile
The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States are collectively the off-price retailer in the United States with a total of approximately 2,163 stores.
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