Blair William & Co. IL Raises Position in The TJX Companies, Inc. (NYSE:TJX)

Blair William & Co. IL raised its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 369,806 shares of the apparel and home fashions retailer's stock after purchasing an additional 11,526 shares during the period. Blair William & Co. IL's holdings in TJX Companies were worth $44,676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TJX. Vanguard Group Inc. boosted its holdings in TJX Companies by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer's stock worth $11,998,201,000 after acquiring an additional 578,948 shares in the last quarter. State Street Corp lifted its holdings in shares of TJX Companies by 1.0% in the 3rd quarter. State Street Corp now owns 47,556,435 shares of the apparel and home fashions retailer's stock worth $5,589,783,000 after purchasing an additional 469,287 shares in the last quarter. Geode Capital Management LLC grew its position in TJX Companies by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer's stock valued at $2,795,121,000 after purchasing an additional 363,707 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in TJX Companies by 7.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,182,564 shares of the apparel and home fashions retailer's stock valued at $1,079,319,000 after purchasing an additional 643,833 shares during the period. Finally, Franklin Resources Inc. raised its holdings in TJX Companies by 9.9% during the third quarter. Franklin Resources Inc. now owns 7,271,499 shares of the apparel and home fashions retailer's stock worth $837,951,000 after buying an additional 657,529 shares during the last quarter. Institutional investors own 91.09% of the company's stock.

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Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TJX shares. Jefferies Financial Group boosted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. StockNews.com upgraded TJX Companies from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Morgan Stanley raised their price objective on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company increased their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, TJX Companies currently has an average rating of "Moderate Buy" and a consensus target price of $135.06.

Insider Activity at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the firm's 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies Price Performance

Shares of NYSE TJX opened at $121.90 on Tuesday. 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 stock has a fifty day simple moving average of $121.61 and a two-hundred day simple moving average of $120.26. 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 cap of $137.03 billion, a price-to-earnings ratio of 28.68, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share 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 the consensus estimate of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. Analysts anticipate 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.