FDx Advisors Inc. Acquires 10427 Shares of TJX Companies, Inc. (The) (TJX)

Investors measure stock performance on the basis of a company's earnings power. The stock rose 0.43% or $0.3 reaching $70.52 per share. Relative Strength Index (RSI-14) for The TJX Companies, Inc.

A number of other hedge funds have also recently modified their holdings of TJX. Mariner Wealth Ltd Com owns 0.12% invested in TJX Companies Inc (NYSE:TJX) for 35,896 shares. The Howland Capital Management Llc holds 219,038 shares with $15.81M value, up from 209,541 last quarter. The New York-based Axon Capital Lp has invested 4.44% in the stock. (The) by 34.5% in the third quarter. Given that its average daily volume over the 30 days has been 3.78 million shares a day, this signifies a pretty significant change over the norm. (The) in the third quarter worth $2,083,000. It increased, as 64 investors sold TJX shares while 367 reduced holdings. (The) by 7.2% in the second quarter. Finally, Parkside Financial Bank & Trust increased its stake in shares of The TJX Cos.by 3.4% in the second quarter. (The) by 100.0% in the third quarter.

Several brokerages recently commented on TJX. The company has market cap of $518.65 million. The firm has "Buy" rating given on Thursday, December 17 by BB&T Capital. (The) from a "sell" rating to a "buy" rating and set a $79.00 price target for the company in a report on Tuesday, July 18th. Columbia L L C Invest Mgmt invested 0.6% in TJX Companies Inc (NYSE:TJX). (The) from a "sell" rating to a "strong sell" rating in a research report on Thursday, July 27th. Acquires 10,427 Shares of TJX Companies, Inc. (The) and gave the company a "neutral" rating in a research report on Wednesday, August 2nd. FDx Advisors Inc.'s holdings in TJX Companies, Inc. SunTrust maintained the shares of TJX in report on Monday, October 23 with "Buy" rating. TJX Companies, Inc. (The) has an average rating of "Buy" and a consensus price target of $83.25.

TRADEMARK VIOLATION WARNING: "FDx Advisors Inc". 550.70 million shares or 0.52% less from 553.56 million shares in 2017Q1 were reported. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of worldwide copyright & trademark laws. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/11/14/tjx-companies-inc-the-tjx-shares-bought-by-schwartz-investment-counsel-inc.html. Northcoast Research raised shares of TJX Companies, Inc. Madison Investment has invested 0.7% in TJX Companies Inc (NYSE:TJX). Ruggie Gp reported 0% in TJX Companies Inc (NYSE:TJX).

Since May 17, 2017, it had 0 insider buys, and 1 insider sale for $303,211 activity. The company has an Average True Range (ATR) value of 1.2, while a Beta Value of 0.72. (TJX) on Tuesday reported a 17 percent increase in profit for the third quarter from previous year, reflecting higher sales and customer traffic. They expect $0.93 EPS, down 21.85% or $0.26 from last year's $1.19 per share. The business had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.29 billion.

The TJX Cos. had a return on equity of 52.69% and a net margin of 7.23%.

On another sour note, comparable store sales (comps) were flat in the latest quarter, missing TJX's own guidance for 1% to 2% growth, and well below the 5% increase seen in the year-ago period.

The Framingham, Massachusetts-based company forecast fiscal 2018 adjusted profit of $3.91 to $3.93 per share, largely below the average estimate of $3.93 per share. Shareholders of record on Thursday, November 10th will be paid a $0.26 dividend. This represents a $1.25 annualized dividend and a yield of 1.77%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)'s dividend payout ratio (DPR) is now 35.41%.

In other news, CEO Ernie Herrman sold 20,000 shares of the company's stock in a transaction that occurred on Friday, September 1st. (NYSE:TJX) traded down 1.29% on Thursday, hitting $71.80.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -5.07%, and has a solid year to date (YTD) performance of -6.54% which means that the stock is constantly adding to its value from the previous fiscal year end price.

The TJX Companies, Inc.is an off-price apparel and home fashions retailer in the United States and across the world. The Firm operates through two divisions: Products and Services. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

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