TJX's same-store sales flat in hurricane-hit third quarter

14 November, 2017, 20:48 | Author: Leticia Walters
  • Maple Capital Management Cut Plains All Amer Pipeline LP (PAA) Stake; 23 Analysts Bullish TJX Companies (TJX)

Oakworth Capital Inc. now owns 2,024 shares of the apparel and home fashions retailer's stock worth $146,000 after buying an additional 185 shares during the period. TJX Companies Inc (NYSE:TJX) has declined 2.02% since November 13, 2016 and is downtrending. Tjx Companies now has a P/E ratio of 18.97 and the market cap of the company is 42.66B. (The) were worth $15,406,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TJX. ZWJ Investment Counsel Inc. bought a new position in shares of TJX Companies, Inc. (The) in the first quarter valued at $130,000. Jacobi Capital Management LLC increased its stake in shares of TJX Companies, Inc. (The) by 12.9% during the first quarter. The Maple Capital Management Inc holds 36,816 shares with $967,000 value, down from 75,361 last quarter. Macquarie Gp Limited, Australia-based fund reported 4,820 shares. (The) in the second quarter valued at $141,000. On Thursday, June 1 the insider Canestrari Kenneth sold $303,211. (The) by 7.2% in the second quarter. Mariner Wealth Ltd Com owns 0.12% invested in TJX Companies Inc (NYSE:TJX) for 35,896 shares.

West Family Investments Inc. holds 3.94% of its portfolio in CYS Investments Inc for 2.14 million shares.

As of quarter end Alliancebernstein L.P. had sold 72,286 shares trimming its stake by 1.1%.

WARNING: "TJX Companies, Inc. (The) (NYSE:TJX)" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and global copyright and trademark law. Maple Capital Management Inc sold 38,545 shares as Plains All Amer Pipeline Lp (PAA)'s stock declined 10.37%.

In other news, CEO Ernie Herrman sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, September 1st. Rocky Mountain Advisers Ltd Liability Company accumulated 23 shares. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.23% of the company's stock. Waverton Investment Mgmt invested 0.07% in TJX Companies Inc (NYSE:TJX). Wolfe Research maintained the shares of TJX in report on Thursday, February 25 with "Outperform" rating. The stock of TJX Companies Inc (NYSE:TJX) has "Buy" rating given on Wednesday, August 19 by S&P Research. (The) in a research note on Thursday, October 19th. Commonwealth Equity Service Inc holds 0.04% or 95,320 shares. They noted that the move was a valuation call. The firm has "Outperform" rating by Cowen & Co given on Thursday, February 25.

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. (The) in a research note on Tuesday, September 12th. SunTrust maintained the shares of TJX in report on Monday, October 23 with "Buy" rating. The stock of TJX Companies Inc (NYSE:TJX) earned "Positive" rating by Susquehanna on Friday, February 10. The TJX Cos. now has an average rating of "Buy" and an average target price of $83.51. States Steel & Carnegie Pension Fund has invested 2.1% in TJX Companies Inc (NYSE:TJX). Destination Wealth invested 0.79% of its portfolio in TJX Companies Inc (NYSE:TJX).

Since May 17, 2017, it had 0 buys, and 1 sale for $303,211 activity. BMO Capital Markets maintained TJX Companies Inc (NYSE:TJX) rating on Tuesday, August 15. The apparel and home fashions retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.01.

The TJX Cos. had a return on equity of 52.69% and a net margin of 7.23%. The company had revenue of $8.36 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter in the prior year, the company posted $0.84 EPS.

Overall same-store sales, however, were flat compared with expectations of a 2.2 percent rise, according to Thomson Reuters I/B/E/S.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. They expect $1.00 earnings per share, up 9.89% or $0.09 from last year's $0.91 per share. More interesting news about TJX Companies Inc (NYSE:TJX) was released by: Benzinga.com and their article: "Jim Cramer Advises His Viewers on HSBC, TJX Companies And More" with publication date: November 03, 2017. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.83%. The TJX Cos.'s payout ratio is 30.15%. After $0.42 actual earnings per share reported by Chesapeake Utilities Corporation for the previous quarter, Wall Street now forecasts 104.76% EPS growth. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. As of October 28, 2017, the retailer operated a total of 4,052 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and three e-commerce sites.

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