Napatree Capital LLC Invests $232,000 in The TJX Companies, Inc. (NYSE:TJX)

Napatree Capital LLC purchased a new position in The TJX Companies, Inc. (NYSE:TJX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,921 shares of the apparel and home fashions retailer’s stock, valued at approximately $232,000.

Several other large investors have also recently made changes to their positions in TJX. Bogart Wealth LLC bought a new position in shares of TJX Companies in the 4th quarter worth $25,000. Trivant Custom Portfolio Group LLC bought a new position in shares of TJX Companies in the 4th quarter worth $26,000. Truvestments Capital LLC bought a new position in shares of TJX Companies in the 3rd quarter worth $29,000. Legacy Investment Solutions LLC bought a new position in shares of TJX Companies in the 3rd quarter worth $30,000. Finally, SOA Wealth Advisors LLC. bought a new position in shares of TJX Companies in the 4th quarter worth $30,000. 91.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. UBS Group boosted their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Morgan Stanley increased their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Robert W. Baird increased their price target on TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Wells Fargo & Company increased their price target on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Finally, BMO Capital Markets increased their price target on TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $135.06.

Insider Buying and Selling at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

TJX Companies Stock Down 0.1 %

Shares of TJX opened at $116.09 on Monday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The stock’s 50 day moving average is $121.69 and its two-hundred day moving average is $120.15. The firm has a market cap of $130.51 billion, a P/E ratio of 27.32, a PEG ratio of 2.75 and a beta of 0.96.

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

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.