The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,178 shares of the apparel and home fashions retailer’s stock after purchasing an additional 442 shares during the quarter. TD Private Client Wealth LLC’s holdings in TJX Companies were worth $1,471,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. One Charles Private Wealth Services LLC lifted its position in shares of TJX Companies by 5.0% during the 4th quarter. One Charles Private Wealth Services LLC now owns 1,805 shares of the apparel and home fashions retailer’s stock valued at $218,000 after buying an additional 86 shares in the last quarter. Antonelli Financial Advisors LLC purchased a new position in shares of TJX Companies during the 4th quarter valued at approximately $249,000. Lowe Brockenbrough & Co. Inc. lifted its position in shares of TJX Companies by 0.6% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 109,674 shares of the apparel and home fashions retailer’s stock valued at $13,250,000 after buying an additional 612 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of TJX Companies by 4.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 251,440 shares of the apparel and home fashions retailer’s stock valued at $30,376,000 after buying an additional 10,805 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its position in shares of TJX Companies by 69.8% during the 4th quarter. HUB Investment Partners LLC now owns 5,657 shares of the apparel and home fashions retailer’s stock valued at $683,000 after buying an additional 2,325 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on TJX shares. Robert W. Baird increased their target price on TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Guggenheim increased their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company raised their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Jefferies Financial Group raised their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, UBS Group raised their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $135.06.

TJX Companies Stock Down 0.1 %

Shares of TJX opened at $116.09 on Friday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The company has a market capitalization of $130.51 billion, a PE ratio of 27.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The stock has a fifty day simple moving average of $121.69 and a two-hundred day simple moving average of $120.13. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. The firm had revenue of $16.35 billion during the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. As a group, equities analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Buying and Selling

In related news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the completion of the sale, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.