EverSource Wealth Advisors LLC Boosts Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

EverSource Wealth Advisors LLC boosted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,369 shares of the apparel and home fashions retailer’s stock after purchasing an additional 759 shares during the period. EverSource Wealth Advisors LLC’s holdings in TJX Companies were worth $2,461,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TJX. Howard Capital Management Group LLC raised 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 valued at $27,208,000 after acquiring an additional 69,489 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in shares of TJX Companies by 30.5% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 10,081 shares of the apparel and home fashions retailer’s stock valued at $1,185,000 after acquiring an additional 2,355 shares during the period. Savvy Advisors Inc. purchased a new position in shares of TJX Companies in the 3rd quarter valued at $339,000. Prime Capital Investment Advisors LLC raised its stake in shares of TJX Companies by 1.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 52,551 shares of the apparel and home fashions retailer’s stock valued at $6,177,000 after acquiring an additional 662 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of TJX Companies by 26.9% in the 3rd quarter. Victory Capital Management Inc. now owns 892,459 shares of the apparel and home fashions retailer’s stock valued at $104,900,000 after acquiring an additional 189,455 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Insider Activity

In other news, 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 value of $988,240.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the transaction, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

Shares of TJX stock opened at $115.34 on Thursday. The firm has a market cap of $129.66 billion, a P/E ratio of 27.14, 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 current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The firm has a fifty day moving average of $122.50 and a two-hundred day moving average of $120.30.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, topping the consensus estimate 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. As a group, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Robert W. Baird lifted their price target on shares of TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. StockNews.com downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, UBS Group lifted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $135.06.

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.