Vanguard Group Inc built an about 7.34% stake in The TJX Companies, Inc. (TJX)

The TJX Companies, Inc. (NYSE:TJX) is now up 6.89% compared to a 12-month low of $66.44. We have seen the price to move 2.84% higher and get settled at $71.02 on 11/17/2017. At recent session, it appeared stuck in a range of $69.35 to $71.36. This company shares are 17.21% off its target price of $83.24 and the current market capitalization stands at $45.39B. The recent change has given its price a -0.98% deficit over SMA 50 and -12.23% deficit over its 52-week high. The stock witnessed -0.55% declines, -0.62% declines and -5.67% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TJX’s volatility during a week at 3.08% and during a month it has been found around 1.97%.

The TJX Companies, Inc. (TJX) Top Holders

Institutional investors currently hold around $40.31 billion or 92.7% in TJX stock. Look at its top three institutional owners. Vanguard Group Inc owns $3.33 billion in The TJX Companies, Inc., which represents roughly 7.34% of the company’s market cap and approximately 8.26% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 44,928,226 shares of the stock are valued at $3.1 billion. The third largest holder is State Street Corp, which currently holds $1.92 billion worth of this stock and that ownership represents nearly 4.23% of its market capitalization.

The TJX Companies, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 515 institutional holders increased their position in The TJX Companies, Inc. (NYSE:TJX) by some 39,692,099 shares, 548 decreased positions by 30,506,489 and 118 held positions by 513,561,525. That puts total institutional holdings at 583,760,113 shares, according to SEC filings. The stock grabbed 99 new institutional investments totaling 14,175,671 shares while 76 institutional investors sold out their entire positions totaling 5,054,964 shares.

The TJX Companies, Inc. (NYSE:TJX) Insider Trades

Multiple company employees have indulged in significant insider trading. The TJX Companies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO & President Herrman Ernie has sold 20,000 shares of The TJX Companies, Inc. (TJX) in trading session dated Sep. 01, 2017. These shares are worth $1,450,400 and were traded at $72.52 each. The SEC filing shows that Canestrari Kenneth performed a sale of 4,000 shares. The SEVP – Group President disposed these shares by way of transaction on Jun. 01, 2017. The company’s shares were given away at $75.8 per share worth to an income of some $303,200 on account of Canestrari Kenneth.

SEVP, Group President, Sherr Richard, sold 1,179 common shares of The TJX Companies, Inc. (TJX) in the open market. In a transaction dated May. 17, 2017, the shares were put up for sale at an average price of $75.58, raking in a sum of $89,109. After this sale, 120,000 common shares of TJX are directly owned by the insider, with total stake valued at $8,522,400.

In the transaction dated Apr. 21, 2017, the great number of shares disposed came courtesy the SEVP, Group President; Sherr Richard disposed a total of 20,000 shares at an average price of $78.13, amounting to approximately $1,562,600. The insider now directly owns 121,179 shares worth $8,606,133.

Previous articleVanguard Group Inc Now Owns 24,606,586 Shares In Range Resources Corporation (RRC)
Next articleBlackrock Inc. is the third biggest owner of Under Armour, Inc. (UA)