Curio Wealth LLC Takes $909,000 Position in The TJX Companies, Inc. (NYSE:TJX)

Curio Wealth LLC bought a new stake in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 7,525 shares of the apparel and home fashions retailer’s stock, valued at approximately $909,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in TJX Companies in the fourth quarter valued at $570,342,000. DJE Kapital AG acquired a new position in TJX Companies in the fourth quarter valued at $140,068,000. Provident Trust Co. increased its stake in TJX Companies by 71.3% in the fourth quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer’s stock valued at $328,984,000 after purchasing an additional 1,133,486 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in TJX Companies by 161.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock valued at $210,003,000 after purchasing an additional 1,102,912 shares during the last quarter. Finally, Capital Wealth Planning LLC increased its stake in TJX Companies by 39.1% in the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock valued at $441,953,000 after purchasing an additional 1,027,456 shares during the last quarter. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of TJX Companies 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 sale, the chief executive officer now owns 484,189 shares of the company’s stock, valued at $59,569,772.67. The trade was a 4.62 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction on 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.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Guggenheim boosted their price target on TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. 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. BMO Capital Markets boosted their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. TD Cowen boosted their price target on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, Morgan Stanley lifted their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and an average price target of $135.06.

TJX Companies Trading Up 0.4 %

NYSE:TJX opened at $113.27 on Monday. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month 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 business has a 50 day simple moving average of $122.18 and a 200 day simple moving average of $120.20. The firm has a market capitalization of $127.34 billion, a P/E ratio of 26.65, a P/E/G ratio of 2.75 and a beta of 0.96.

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

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.