Banco Santander S.A. Purchases Shares of 8,612 The TJX Companies, Inc. (NYSE:TJX)

Banco Santander S.A. bought a new position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,612 shares of the apparel and home fashions retailer's stock, valued at approximately $1,040,000.

Several other large investors also recently modified their holdings of the business. Bogart Wealth LLC bought a new stake in shares of TJX Companies during the 4th quarter valued at $25,000. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies during the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP purchased a new position in TJX Companies during the third quarter valued at $29,000. Truvestments Capital LLC purchased a new position in shares of TJX Companies during the 3rd quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of TJX Companies in the third quarter worth $30,000. 91.09% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction dated 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 directly owns 484,189 shares in the company, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company's stock.

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TJX Companies Price Performance

TJX traded down $0.77 during trading on Tuesday, hitting $116.84. The company's stock had a trading volume of 3,751,827 shares, compared to its average volume of 4,862,488. The firm has a market capitalization of $131.35 billion, a price-to-earnings ratio of 27.50, a P/E/G ratio of 2.75 and a beta of 0.96. The business's fifty day simple moving average is $122.70 and its 200 day simple moving average is $120.35. 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 TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, topping the consensus estimate of $1.16 by $0.07. The company had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on TJX. Telsey Advisory Group restated an "outperform" rating and set a $145.00 price target on shares of TJX Companies in a report on Thursday, February 27th. Jefferies Financial Group lifted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. StockNews.com downgraded TJX Companies from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. Robert W. Baird lifted their target price on TJX Companies from $138.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Finally, Wells Fargo & Company raised 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. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of "Moderate Buy" and an average price target of $135.06.

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.