From MarketBeat:

Northeast Investment Management increased its ownership of shares in The TJX Companies, Inc. by 39.3% in the third quarter. The company now owns 55,289 shares of the stock. Several institutional investors and hedge funds have also made recent adjustments to their shares. 89.28% of the stock is owned by institutional investors. CEO Ernie Herrman recently sold 17,000 shares for a total value of $1,514,020.

Shares of TJX traded up to $97.51 during mid-day trading on Friday. The company has a market cap of $111.13 billion, and has a price-to-earnings ratio of 27.62. It has a 1 year low of $72.92 and a 1 year high of $98.05. The company anticipates earnings of $3.75 per share for the current fiscal year.

The TJX Companies announced a $0.3325 dividend, payable on Thursday, March 7th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.36%. TJX Companies’s payout ratio is currently 37.68%. Several analysts believe the company’s stocks are a better buy for investors.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the US, Canada, Europe, and Australia. The company operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells a variety of products including family apparel, home goods, jewelry and accessories, and other merchandise.



Read more: Northeast Investment Management Grows Stake in The TJX Companies, Inc. (NYSE:TJX)