The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,422 shares of the apparel and home fashions retailer’s stock after selling 3,080 shares during the period. Evoke Wealth LLC’s holdings in TJX Companies were worth $8,870,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Howard Capital Management Group LLC grew its position in TJX Companies by 42.9% during the third 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 acquiring an additional 69,489 shares during the period. Empowered Funds LLC grew its holdings in shares of TJX Companies by 23.0% during the 3rd quarter. Empowered Funds LLC now owns 30,495 shares of the apparel and home fashions retailer’s stock worth $3,584,000 after purchasing an additional 5,707 shares during the period. Thrivent Financial for Lutherans increased its position in 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 purchasing an additional 3,258 shares in the last quarter. Quest Partners LLC raised its holdings in TJX Companies by 622.3% in the third quarter. Quest Partners LLC now owns 27,202 shares of the apparel and home fashions retailer’s stock valued at $3,197,000 after buying an additional 23,436 shares during the period. Finally, Braun Stacey Associates Inc. lifted its position in TJX Companies by 4.1% during the third 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 buying an additional 8,803 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Activity

In related news, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were 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 in the company, valued at $59,569,772.67. The trade was a 4.62 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

TJX has been the subject of several recent research reports. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. Morgan Stanley boosted their price objective on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. UBS Group increased their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Wells Fargo & Company boosted their price target on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Finally, BMO Capital Markets increased their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research 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. According to data from MarketBeat.com, TJX Companies presently has a consensus rating of “Moderate Buy” and an average price target of $135.06.

TJX Companies Trading Up 1.1 %

TJX Companies stock opened at $114.52 on Tuesday. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The firm’s 50-day moving average is $122.05 and its 200-day moving average is $120.18. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The company has a market cap of $128.73 billion, a P/E ratio of 26.94, a PEG ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last issued its 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 firm 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%. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share 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.