The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 239,820 shares of the apparel and home fashions retailer's stock after selling 6,203 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in TJX Companies were worth $28,973,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in TJX Companies by 1.7% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer's stock valued at $603,000 after buying an additional 84 shares during the last quarter. Nwam LLC lifted its stake in shares of TJX Companies by 2.0% in the 4th quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer's stock worth $524,000 after acquiring an additional 84 shares during the period. Hartford Funds Management Co LLC boosted its holdings in shares of TJX Companies by 0.5% in the third quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer's stock valued at $2,107,000 after acquiring an additional 86 shares in the last quarter. Hamilton Capital LLC increased its stake in shares of TJX Companies by 3.9% during the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer's stock worth $273,000 after acquiring an additional 90 shares during the period. Finally, Breakwater Capital Group raised its holdings in TJX Companies by 1.2% during the fourth quarter. Breakwater Capital Group now owns 7,696 shares of the apparel and home fashions retailer's stock worth $930,000 after purchasing an additional 91 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company's stock.

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TJX Companies Price Performance

TJX Companies stock traded up $3.52 during mid-day trading on Monday, hitting $119.64. 4,314,501 shares of the company were exchanged, compared to its average volume of 4,879,279. 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 TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The business's 50 day simple moving average is $121.68 and its two-hundred day simple moving average is $120.16. The company has a market capitalization of $134.49 billion, a P/E ratio of 28.15, a PEG ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.07. The firm had revenue of $16.35 billion during the quarter, compared to the consensus estimate of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. Analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TJX has been the topic of several recent analyst reports. UBS Group boosted their target price on TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. StockNews.com cut TJX Companies from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. Guggenheim upped their price target on shares of TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Barclays boosted their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a report on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $145.00 target price on shares of TJX Companies in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $135.06.

Insider Activity

In other news, CEO Ernie Herrman sold 23,428 shares of the firm's 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 in the company, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 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.