The TJX Companies, Inc. (NYSE:TJX) Position Increased by Signaturefd LLC

Signaturefd LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,431 shares of the apparel and home fashions retailer’s stock after purchasing an additional 431 shares during the quarter. Signaturefd LLC’s holdings in TJX Companies were worth $3,072,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TJX. Howard Capital Management Group LLC lifted its stake in shares of TJX Companies by 42.9% in 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. Empowered Funds LLC lifted its position in shares of TJX Companies by 23.0% in the third quarter. Empowered Funds LLC now owns 30,495 shares of the apparel and home fashions retailer’s stock worth $3,584,000 after buying an additional 5,707 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of TJX Companies by 2.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 114,416 shares of the apparel and home fashions retailer’s stock worth $13,448,000 after acquiring an additional 3,258 shares in the last quarter. Quest Partners LLC boosted its stake in shares of TJX Companies by 622.3% during the 3rd quarter. Quest Partners LLC now owns 27,202 shares of the apparel and home fashions retailer’s stock worth $3,197,000 after acquiring an additional 23,436 shares in the last quarter. Finally, Braun Stacey Associates Inc. increased its holdings in shares of TJX Companies by 4.1% during the 3rd quarter. Braun Stacey Associates Inc. now owns 225,269 shares of the apparel and home fashions retailer’s stock valued at $26,478,000 after acquiring an additional 8,803 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $114.52 on Tuesday. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. 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 business has a fifty day simple moving average of $122.05 and a 200 day simple moving average of $120.18. The firm has a market capitalization of $128.73 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (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 company had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. Sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TJX shares. UBS Group boosted their target price on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. StockNews.com cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Deutsche Bank Aktiengesellschaft raised their target price on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley boosted their target price on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Finally, TD Cowen raised their price target on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $135.06.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 484,189 shares in the company, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of the company’s 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. Company 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.