Segall Bryant & Hamill LLC Sells 19,775 Shares of The TJX Companies, Inc. (NYSE:TJX)

Segall Bryant & Hamill LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 6.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 268,357 shares of the apparel and home fashions retailer's stock after selling 19,775 shares during the period. Segall Bryant & Hamill LLC's holdings in TJX Companies were worth $32,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in TJX Companies by 0.6% in the 4th 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 during the last quarter. State Street Corp grew its holdings in shares of TJX Companies by 1.0% during the third 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 increased its position in shares of TJX Companies by 1.5% in the third quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer's stock worth $2,795,121,000 after purchasing an additional 363,707 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in TJX Companies by 7.5% in the third 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 in the last quarter. Finally, Franklin Resources Inc. lifted its position 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 valued at $837,951,000 after purchasing an additional 657,529 shares during the last quarter. Hedge funds and other institutional investors own 91.09% of the company's stock.

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TJX Companies Trading Down 2.4 %

NYSE:TJX traded down $2.89 during midday trading on Friday, reaching $117.68. 1,402,109 shares of the stock traded hands, compared to its average volume of 5,188,832. The stock has a market capitalization of $132.29 billion, a P/E ratio of 27.69, a PEG ratio of 2.75 and a beta of 0.96. 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 fifty day moving average of $121.69 and a 200 day moving average of $120.19.

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

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the firm's stock in a transaction dated 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 directly 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction of $988,240.00. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company's stock.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, January 10th. BMO Capital Markets raised their price target on TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a research 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 note on Thursday, December 5th. Barclays increased their price objective on TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a research report on Thursday, February 27th. Finally, Morgan Stanley boosted their target price on TJX Companies from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average 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.