Teacher Retirement System of Texas Has $124.15 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Teacher Retirement System of Texas lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 33.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,027,668 shares of the apparel and home fashions retailer's stock after purchasing an additional 255,697 shares during the quarter. Teacher Retirement System of Texas owned 0.09% of TJX Companies worth $124,153,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of TJX. Strategic Financial Services Inc. lifted its holdings in shares of TJX Companies by 2.9% in the fourth quarter. Strategic Financial Services Inc. now owns 13,583 shares of the apparel and home fashions retailer's stock valued at $1,641,000 after purchasing an additional 388 shares in the last quarter. Generali Investments Management Co LLC acquired a new stake in TJX Companies in the 4th quarter valued at approximately $181,000. GM Advisory Group LLC lifted its stake in TJX Companies by 13.8% in the 4th quarter. GM Advisory Group LLC now owns 4,572 shares of the apparel and home fashions retailer's stock valued at $552,000 after acquiring an additional 554 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its position in TJX Companies by 62.6% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 20,129 shares of the apparel and home fashions retailer's stock worth $2,431,000 after acquiring an additional 7,753 shares during the last quarter. Finally, Vinva Investment Management Ltd boosted its position in TJX Companies by 10.1% during the 4th quarter. Vinva Investment Management Ltd now owns 57,553 shares of the apparel and home fashions retailer's stock worth $6,969,000 after acquiring an additional 5,280 shares during the last quarter. Institutional investors own 91.09% of the company's stock.

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Insider Transactions at TJX Companies

In related 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 transaction of $2,882,346.84. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of the business's 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. Insiders own 0.13% of the company's stock.

TJX Companies Stock Performance

TJX Companies stock traded up $3.52 during trading hours on Monday, hitting $119.64. The company had a trading volume of 4,314,501 shares, compared to its average volume of 4,879,862. The firm has a 50-day moving average of $121.69 and a 200 day moving average of $120.15. 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 firm has a market cap of $134.49 billion, a PE ratio of 28.15, a PEG ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00.

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, topping analysts' consensus estimates of $1.16 by $0.07. The company had revenue of $16.35 billion for 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, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Jefferies Financial Group boosted their price objective 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. Robert W. Baird raised their price objective on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Telsey Advisory Group reiterated an "outperform" rating and set a $145.00 target price on shares of TJX Companies in a report on Thursday, February 27th. Wells Fargo & Company increased their price target on TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, January 10th. Finally, Guggenheim boosted their price target on TJX Companies from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the company currently 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.