The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,422 shares of the apparel and home fashions retailer's stock after selling 3,080 shares during the period. Evoke Wealth LLC's holdings in TJX Companies were worth $8,870,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in TJX Companies during the fourth quarter worth $570,342,000. DJE Kapital AG acquired a new stake in shares of TJX Companies during the 4th quarter worth about $140,068,000. Provident Trust Co. lifted its stake in shares of TJX Companies by 71.3% during the 4th quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer's stock worth $328,984,000 after buying an additional 1,133,486 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in TJX Companies by 161.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer's stock worth $210,003,000 after acquiring an additional 1,102,912 shares during the period. Finally, Capital Wealth Planning LLC increased its position in TJX Companies by 39.1% during the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer's stock worth $441,953,000 after acquiring an additional 1,027,456 shares during the period. Institutional investors own 91.09% of the company's stock.

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Wall Street Analyst Weigh In

TJX has been the topic of several recent analyst reports. UBS Group raised their target price on shares of TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a report on Friday, January 10th. BMO Capital Markets boosted their target price on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Jefferies Financial Group upped 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 increased their target price 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. Finally, TD Cowen increased their target price on shares of TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $135.06.

Insiders Place Their Bets

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ernie Herrman sold 23,428 shares of the company's stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 484,189 shares of the company's stock, valued at $59,569,772.67. The trade was a 4.62 % decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

TJX Companies Stock Down 0.1 %

Shares of TJX stock traded down $0.16 during mid-day trading on Friday, reaching $116.09. 7,150,649 shares of the company's stock traded hands, compared to its average volume of 4,883,016. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a market cap of $130.51 billion, a P/E ratio of 27.32, a P/E/G ratio of 2.75 and a beta of 0.96. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The company's 50-day moving average price is $121.69 and its 200-day moving average price is $120.12.

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 (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

About TJX Companies

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.