Natural Investments LLC Purchases Shares of 6,402 The TJX Companies, Inc. (NYSE:TJX)

Natural Investments LLC purchased a new stake in The TJX Companies, Inc. (NYSE:TJX) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,402 shares of the apparel and home fashions retailer’s stock, valued at approximately $773,000.

Other large investors have also recently bought and sold shares of the company. Congress Asset Management Co. boosted its stake in TJX Companies by 1.1% in the fourth quarter. Congress Asset Management Co. now owns 1,228,840 shares of the apparel and home fashions retailer’s stock worth $148,456,000 after purchasing an additional 13,036 shares in the last quarter. Atlas Legacy Advisors LLC acquired a new position in TJX Companies in the fourth quarter worth $433,000. BLB&B Advisors LLC boosted its stake in TJX Companies by 2.8% in the fourth quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer’s stock worth $9,795,000 after purchasing an additional 2,201 shares in the last quarter. Empowered Funds LLC boosted its stake in TJX Companies by 12.1% in the fourth quarter. Empowered Funds LLC now owns 34,186 shares of the apparel and home fashions retailer’s stock worth $4,130,000 after purchasing an additional 3,691 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH acquired a new position in TJX Companies in the fourth quarter worth $604,000. 91.09% of the stock is currently owned by institutional investors.

Insider Activity at TJX Companies

In related news, 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 transaction of $988,240.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction that occurred on 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. The trade was a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on TJX. StockNews.com lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Morgan Stanley upped their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. UBS Group upped their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, Guggenheim upped their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, TJX Companies has a consensus rating of “Moderate Buy” and an average target price of $135.06.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $116.13 on Wednesday. The stock has a 50 day moving average price of $122.61 and a 200 day moving average price of $120.33. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week 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 stock has a market capitalization of $130.55 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating 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 analysts’ expectations of $16.24 billion. Analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Company 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.