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Investors bid down TJX Companies after earnings

14 November 2017

(The) (NYSE:TJX) by 28.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. Investors measure stock performance on the basis of a company's earnings power. Whittier Com Of Nevada accumulated 55,933 shares or 0.39% of the stock. TJX Companies, Inc. (The) presently has a consensus rating of "Buy" and an average target price of $83.25. The TJX Companies, Inc.'s average EBITDA per Share Growth Rate was 2.8 percent during the past 12 months. (The) during the second quarter valued at $141,000.

Consolidated comparable store sales for the quarter were flat, compared to an increase of 5 percent in the same period previous year. Commerzbank Aktiengesellschaft Fi holds 0% or 3,360 shares in its portfolio. BB&T Capital initiated TJX Companies Inc (NYSE:TJX) on Thursday, December 17 with "Buy" rating. (The) in the third quarter worth $2,083,000.

In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) by 7.2% in the second quarter. The institutional investor owned 46,988 shares of the apparel and home fashions retailer's stock after acquiring an additional 10,427 shares during the period. (The) by 100.0% in the third quarter. Company insiders own 0.23% of the company's stock.

The market capitalization of The TJX Companies, Inc.is at $45.22 Billion. The firm has "Buy" rating given on Wednesday, July 12 by BMO Capital Markets.

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Excluding one-time items, the company earned $1 per share, in-line with analysts' estimates. (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. Centers Of America Inc owns 34,694 shares. 1 analysts gave its stock an Outperform rating. CNC's profit will be $160.45 million for 25.13 P/E if the $0.93 EPS becomes a reality.

TRADEMARK VIOLATION NOTICE: This news story was published by Week Herald and is the sole property of of Week Herald. 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. (NYSE:TJX) traded at an unexpectedly high level on 10/11/2017 when the stock experienced a 1.4% gain to a closing price of $70.22.

Since May 17, 2017, it had 0 buys, and 1 insider sale for $303,211 activity. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.63 and a quick ratio of 0.80.

Shares in TJX Companies, owners of TJ Maxx and Marshalls, slumped as it announced that consolidated comparable store sales were flat compared to last year's 5% increase. Jacobi Capital Management LLC now owns 1,748 shares of the apparel and home fashions retailer's stock worth $133,000 after buying an additional 200 shares during the period.

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Shoppers seeking its hallmark bargain deals drove overall sales higher by 6 percent to $8.8 billion in the third quarter, slightly below the $8.86 billion that analysts on average had expected. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. This showed a surprise of 1.2% in the last quarter earnings.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The stock increased 0.32% or $0.02 on November 10, reaching $6.19. This represents a $1.25 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Wednesday, November 8th. (The) stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00.

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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

More important recent TJX Companies Inc (NYSE:TJX) news were published by: Cnbc.com which released: "Cramer's lightning round: Why I'm still backing TJX Companies" on November 02, 2017, also Seekingalpha.com published article titled: "TJX: Sailing In Slumping Retail Market", Benzinga.com published: "Jim Cramer Advises His Viewers on HSBC, TJX Companies And More" on November 03, 2017.

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