The TJX Companies, Inc. (NYSE:TJX) Shares Acquired by United Services Automobile Association

United Services Automobile Association increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 1.4% during the 4th quarter, Holdings Channel reports. The fund owned 25,607 shares of the apparel and home fashions retailer’s stock after purchasing an additional 356 shares during the quarter. United Services Automobile Association’s holdings in TJX Companies were worth $3,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Angeles Investment Advisors LLC increased its holdings in TJX Companies by 4.5% during the 4th quarter. Angeles Investment Advisors LLC now owns 2,374 shares of the apparel and home fashions retailer’s stock worth $287,000 after purchasing an additional 102 shares during the period. Vanguard Group Inc. grew its position in shares of TJX Companies by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer’s stock worth $11,998,201,000 after buying an additional 578,948 shares in the last quarter. Haverford Financial Services Inc. grew its position in shares of TJX Companies by 0.3% during the fourth quarter. Haverford Financial Services Inc. now owns 99,589 shares of the apparel and home fashions retailer’s stock worth $12,031,000 after buying an additional 278 shares in the last quarter. Napatree Capital LLC purchased a new stake in shares of TJX Companies during the fourth quarter worth approximately $232,000. Finally, Stevens Capital Management LP acquired a new stake in TJX Companies in the fourth quarter valued at approximately $1,629,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Down 0.1 %

Shares of NYSE:TJX opened at $116.09 on Monday. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The stock has a market cap of $130.51 billion, a P/E ratio of 27.32, a P/E/G ratio of 2.75 and a beta of 0.96. The firm has a fifty day moving average price of $121.69 and a 200 day moving average price of $120.15.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on TJX. Jefferies Financial Group boosted their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reiterated an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a research note on Thursday, February 27th. 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 report on Thursday, February 27th. StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Finally, Barclays increased their price objective on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $135.06.

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

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.