Arbor Trust Wealth Advisors LLC lifted its position in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,588 shares of the apparel and home fashions retailer’s stock after buying an additional 142 shares during the period. TJX Companies makes up about 1.3% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its 25th largest position. Arbor Trust Wealth Advisors LLC’s holdings in TJX Companies were worth $2,487,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the business. Running Oak Capital LLC boosted its stake in TJX Companies by 10.9% in the 1st quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock worth $11,358,000 after purchasing an additional 11,036 shares in the last quarter. New Mexico Educational Retirement Board grew its holdings in shares of TJX Companies by 15.9% during the first quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock valued at $7,037,000 after buying an additional 9,500 shares during the last quarter. Options Solutions LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $726,000. Advisors Capital Management LLC raised its stake in TJX Companies by 3.7% in the 1st quarter. Advisors Capital Management LLC now owns 572,324 shares of the apparel and home fashions retailer’s stock worth $58,045,000 after acquiring an additional 20,629 shares during the last quarter. Finally, Ethos Financial Group LLC acquired a new stake in TJX Companies during the 4th quarter worth about $269,000. 91.09% of the stock is owned by institutional investors and hedge funds.
TJX Companies Price Performance
TJX Companies stock opened at $117.52 on Thursday. The stock has a market capitalization of $132.82 billion, a P/E ratio of 29.16, a P/E/G ratio of 2.96 and a beta of 0.89. The company’s fifty day moving average price is $113.32 and its 200 day moving average price is $104.61. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The TJX Companies, Inc. has a 1 year low of $86.71 and a 1 year high of $121.13.
Analyst Ratings Changes
Several equities analysts recently weighed in on TJX shares. Loop Capital increased their price target on shares of TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Wells Fargo & Company raised their target price on shares of TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. Jefferies Financial Group upped their price target on shares of TJX Companies from $130.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. UBS Group lifted their price objective on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Finally, StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $126.76.
View Our Latest Stock Report on TJX Companies
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.
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