AGF Management Ltd. Has $185.70 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

AGF Management Ltd. lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 84.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,537,097 shares of the apparel and home fashions retailer’s stock after buying an additional 703,122 shares during the quarter. TJX Companies comprises approximately 0.9% of AGF Management Ltd.’s investment portfolio, making the stock its 23rd largest holding. AGF Management Ltd.’s holdings in TJX Companies were worth $185,697,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TJX. Howard Capital Management Group LLC increased its position in shares of TJX Companies by 42.9% during the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after purchasing an additional 69,489 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in TJX Companies during the 3rd quarter valued at about $29,000. Leavell Investment Management Inc. bought a new stake in shares of TJX Companies during the 3rd quarter valued at about $403,000. CWA Asset Management Group LLC bought a new stake in shares of TJX Companies during the 3rd quarter valued at about $413,000. Finally, Verdence Capital Advisors LLC lifted its position in TJX Companies by 5.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 8,612 shares of the apparel and home fashions retailer’s stock worth $1,012,000 after buying an additional 477 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on TJX shares. Evercore ISI boosted their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. UBS Group upped their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Wells Fargo & Company boosted their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Morgan Stanley upped their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $135.06.

TJX Companies Trading Down 1.6 %

Shares of NYSE:TJX opened at $117.40 on Tuesday. The business’s 50-day moving average is $122.70 and its 200 day moving average is $120.35. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The firm has a market capitalization of $131.97 billion, a P/E ratio of 27.62, a P/E/G ratio of 2.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results 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 company had revenue of $16.35 billion for 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%. On average, research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction on 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 owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction on Thursday, February 27th. The shares were 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. Insiders own 0.13% of the company’s stock.

TJX Companies Company 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.