The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,652 shares of the apparel and home fashions retailer’s stock after selling 151 shares during the quarter. Harbour Investments Inc.’s holdings in TJX Companies were worth $441,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Howard Capital Management Group LLC lifted its stake in shares of TJX Companies by 42.9% in the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after acquiring an additional 69,489 shares during the period. Thrivent Financial for Lutherans raised its holdings in TJX Companies by 2.9% during the third quarter. Thrivent Financial for Lutherans now owns 114,416 shares of the apparel and home fashions retailer’s stock worth $13,448,000 after purchasing an additional 3,258 shares in the last quarter. Prospera Private Wealth LLC lifted its position in TJX Companies by 8.4% in the third quarter. Prospera Private Wealth LLC now owns 3,022 shares of the apparel and home fashions retailer’s stock worth $355,000 after purchasing an additional 233 shares during the period. Strategy Asset Managers LLC bought a new position in TJX Companies during the 3rd quarter valued at $751,000. Finally, Citizens Financial Group Inc. RI increased its position in shares of TJX Companies by 4.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 118,818 shares of the apparel and home fashions retailer’s stock valued at $13,966,000 after purchasing an additional 4,712 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on TJX shares. Barclays upped their price objective on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Wells Fargo & Company raised their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Guggenheim boosted their target price on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Robert W. Baird raised their target price 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. Finally, Evercore ISI upped their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $135.06.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the business’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 value of $2,882,346.84. Following the completion of 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 filing with the SEC, which can be accessed through this link. Also, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $116.12 on Friday. The firm has a 50 day simple moving average of $121.76 and a 200 day simple moving average of $120.13. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The stock has a market cap of $130.54 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 debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

TJX Companies (NYSE:TJX) last issued its earnings results 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 company had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. Research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

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.