Trillium Asset Management LLC Reduces Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Trillium Asset Management LLC trimmed its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 598,010 shares of the apparel and home fashions retailer's stock after selling 17,674 shares during the period. TJX Companies accounts for 1.9% of Trillium Asset Management LLC's investment portfolio, making the stock its 7th biggest position. Trillium Asset Management LLC owned about 0.05% of TJX Companies worth $72,245,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. State Street Corp boosted its holdings in TJX Companies by 1.0% in the 3rd quarter. State Street Corp now owns 47,556,435 shares of the apparel and home fashions retailer's stock valued at $5,589,783,000 after purchasing an additional 469,287 shares during the period. Geode Capital Management LLC raised its position in shares of TJX Companies by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer's stock valued at $2,795,121,000 after buying an additional 363,707 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of TJX Companies by 7.5% during the 3rd 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 buying an additional 643,833 shares in the last quarter. Franklin Resources Inc. raised its position in shares of TJX Companies by 9.9% during the 3rd 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 buying an additional 657,529 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of TJX Companies by 13.3% during the 4th quarter. Nordea Investment Management AB now owns 7,031,237 shares of the apparel and home fashions retailer's stock valued at $850,428,000 after buying an additional 827,103 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

TJX has been the topic of several research reports. BMO Capital Markets raised their price objective on shares of TJX Companies from $133.00 to $145.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Barclays raised their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a research report on Thursday, February 27th. Guggenheim raised their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. UBS Group lifted their target price on shares of TJX Companies from $148.00 to $151.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $145.00 target price on shares of TJX Companies in a research report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $135.06.

TJX Companies Trading Down 0.1 %

Shares of TJX stock traded down $0.16 during mid-day trading on Friday, reaching $116.09. The stock had a trading volume of 7,150,649 shares, compared to its average volume of 4,881,990. The stock's 50-day moving average price is $121.69 and its two-hundred day moving average price is $120.13. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The firm has a market capitalization of $130.51 billion, a PE ratio of 27.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $16.35 billion for the quarter, compared to analysts' expectations of $16.24 billion. Equities analysts expect that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Ernie Herrman sold 23,428 shares of TJX Companies 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 sale, the chief executive officer now owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. 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.