Fox Run Management L.L.C. boosted its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 117.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,441 shares of the apparel and home fashions retailer's stock after purchasing an additional 5,650 shares during the quarter. Fox Run Management L.L.C.'s holdings in TJX Companies were worth $1,261,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bogart Wealth LLC bought a new stake in shares of TJX Companies during the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies during the 4th quarter valued at $26,000. Truvestments Capital LLC acquired a new position in TJX Companies during the 3rd quarter worth $29,000. Legacy Investment Solutions LLC acquired a new position in TJX Companies during the 3rd quarter worth $30,000. Finally, SOA Wealth Advisors LLC. bought a new position in shares of TJX Companies in the fourth quarter worth $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently weighed in on TJX. Robert W. Baird upped their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. BMO Capital Markets upped their price target on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Jefferies Financial Group raised their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Guggenheim upped their target price on TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Finally, UBS Group lifted their price target on TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, TJX Companies has an average rating of "Moderate Buy" and an average target price of $135.06.
View Our Latest Stock Analysis on TJX
TJX Companies Trading Up 0.3 %
Shares of NYSE:TJX traded up $0.34 during mid-day trading on Tuesday, hitting $119.94. The stock had a trading volume of 1,340,524 shares, compared to its average volume of 4,879,279. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. 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 $134.83 billion, a PE ratio of 28.22, a P/E/G ratio of 2.75 and a beta of 0.96. The company's 50 day moving average is $121.68 and its 200-day moving average is $120.16.
TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results 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 business had revenue of $16.35 billion during the quarter, compared to analysts' expectations of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.
Insider Transactions at TJX Companies
In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 484,189 shares in the company, valued at $59,569,772.67. This represents a 4.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the business's stock in a transaction on Thursday, February 27th. The shares were 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. 0.13% of the stock is owned by insiders.
About TJX Companies
(
Free Report)
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.
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