TJX Companies Inc (TJX) Q3 Revenues Miss Expectations Amid Flat Comps

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The company's third-quarter revenue increased 7% to $8.76 billion, while analysts had expected $8.86 billion. TJX Companies, Inc. The company has a market cap of $45,020.00, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. The stock declined 0.06% or $0.04 reaching $70.72 per share. TJX Companies, Inc. (The)'s dividend payout ratio is now 35.41%. It has underperformed by 18.72% the S&P500.The move comes after 5 months negative chart setup for the $42.52B company. The Atlantic Trust Group Llc holds 884,810 shares with $63.86M value, down from 904,545 last quarter. The institutional investor held 339,496 shares of the consumer services company at the end of 2017Q2, valued at $24.50 million, down from 421,314 at the end of the previous reported quarter. It closed at $74.1 lastly. It has outperformed by 15.86% the S&P500.

Since May 17, 2017, it had 0 insider buys, and 1 insider sale for $303,211 activity. Lazard Asset Mngmt Ltd has invested 0.17% in TJX Companies Inc (NYSE:TJX). Therefore 88% are positive. On September 12 analysts at Sanford C. Bernstein released research on TJX giving it an initial rating of "Outperform". RBC Capital Markets maintained the stock with "Buy" rating in Monday, September 18 report. BMO Capital Markets has "Buy" rating and $85.0 target. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, November 16. As per Wednesday, August 19, the company rating was maintained by Telsey Advisory Group. Royal Bank Of Canada reaffirmed a "buy" rating and set a $76.00 price objective on shares of TJX Companies, Inc. The rating was upgraded by Northcoast on Thursday, September 7 to "Buy". The stock of TJX Companies Inc (NYSE:TJX) has "Overweight" rating given on Wednesday, May 17 by Morgan Stanley. The rating was maintained by Deutsche Bank with "Buy" on Thursday, February 25. The stock has "Buy" rating by Piper Jaffray on Wednesday, August 2.

Investors sentiment increased to 1.02 in 2017 Q2. Its up 0.04, from 0.98 in 2017Q1. Shares for $89,110 were sold by Sherr Richard. 81 funds opened positions while 357 raised stakes. The original version of this report can be accessed at https://weekherald.com/2017/11/14/tjx-companies-inc-the-tjx-announces-quarterly-earnings-results.html.

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Adam Levine-Weinberg owns shares of Kohl's and is long January 2018 $60 calls on The TJX Companies and short January 2018 $90 calls on The TJX Companies. (NYSE:TJX) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. Ruane Cunniff & Goldfarb reported 9.19 million shares or 6.13% of all its holdings. It was reported on Nov, 14 by Barchart.com. Alta Cap Mngmt Limited Liability Corp owns 731,256 shares. Waverton Investment Mgmt invested 0.07% in TJX Companies Inc (NYSE:TJX). 1St Source Bankshares holds 0.46% of its portfolio in Pfizer Inc. Prudential Plc holds 0% or 2,898 shares. Pggm Invs stated it has 0.31% in TJX Companies Inc (NYSE:TJX). (NYSE:PFE). Bkd Wealth Ltd Liability owns 97,056 shares. Aberdeen Asset Management Public Limited Company Uk holds 3.24M shares or 0.78% of its portfolio. TJX's net income was $641 million, or $1 a share, in line with analysts' expectations.

The TJX Companies, Inc.is an off-price apparel and home fashions retailer in the United States and across the world.

TJX Companies, Inc. (The) (NYSE:TJX) last announced its quarterly earnings data on Tuesday, August 15th. Seekingalpha.com's news article titled: "Choice Hotels International's (CHH) CEO Patrick Pacious on Q3 2017 Results ..." with publication date: November 06, 2017 was also an interesting one. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. 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. Rhumbline Advisers holds 0.01% of its portfolio in Choice Hotels International Inc (NYSE:CHH) for 62,199 shares. For the past full year, shares are -6.14%. Hancock Holdg accumulated 2,788 shares. 4,573 were accumulated by Great West Life Assurance Can. They expect $1.00 earnings per share, up 9.89% or $0.09 from last year's $0.91 per share. The original version of this report can be viewed at https://stocknewstimes.com/2017/11/14/qci-asset-management-inc-ny-has-11-91-million-holdings-in-tjx-companies-inc-the-tjx.html. Oklahoma-based Bokf Na has invested 0.03% in Plains All American Pipeline, L.P. (NYSE:PAA). Ameriprise invested in 0% or 80,653 shares. It also increased its holding in Ishares (Prn) (HYG) by 78,489 shares in the quarter, for a total of 93,857 shares, and has risen its stake in Ishares (Prn) (CSJ).

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