Erste Asset Management GmbH Purchases 1,638 Shares of The TJX Companies, Inc. (NYSE:TJX)

Erste Asset Management GmbH raised its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,367 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,638 shares during the period. Erste Asset Management GmbH’s holdings in TJX Companies were worth $10,487,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of TJX. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in TJX Companies by 1.7% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer’s stock worth $603,000 after buying an additional 84 shares in the last quarter. Nwam LLC lifted its stake in TJX Companies by 2.0% during the fourth quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer’s stock worth $524,000 after purchasing an additional 84 shares during the last quarter. Hartford Funds Management Co LLC boosted its stake in TJX Companies by 0.5% in the third quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after buying an additional 86 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of TJX Companies by 3.4% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock worth $318,000 after buying an additional 90 shares during the last quarter. Finally, Hamilton Capital LLC increased its stake in shares of TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock valued at $273,000 after buying an additional 90 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Price Performance

TJX opened at $112.62 on Friday. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. 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 company has a market capitalization of $126.60 billion, a price-to-earnings ratio of 26.50, a P/E/G ratio of 2.75 and a beta of 0.96. The firm’s fifty day moving average price is $122.33 and its two-hundred day moving average price is $120.24.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data 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. The firm had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

TJX has been the subject of a number of analyst reports. BMO Capital Markets raised their price objective on TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. UBS Group increased their price objective 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. Jefferies Financial Group increased their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, 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. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.06.

Insider Activity

In related news, Director Alan M. Bennett sold 8,000 shares of the 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer now owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

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.