First National Trust Co Purchases 3,891 Shares of The TJX Companies, Inc. (NYSE:TJX)

First National Trust Co increased its position in The TJX Companies, Inc. (NYSE:TJX) by 4.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,067 shares of the apparel and home fashions retailer’s stock after acquiring an additional 3,891 shares during the period. First National Trust Co’s holdings in TJX Companies were worth $10,156,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bogart Wealth LLC purchased a new position in TJX Companies during the fourth quarter valued at $25,000. Trivant Custom Portfolio Group LLC purchased a new position in TJX Companies during the fourth quarter valued at $26,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies during the third quarter valued at $30,000. Truvestments Capital LLC purchased a new position in TJX Companies during the third quarter valued at $29,000. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of TJX Companies in the fourth quarter valued at about $30,000. Institutional investors own 91.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. UBS Group boosted their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Jefferies Financial Group boosted their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Wells Fargo & Company boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $135.06.

Insider Activity at TJX Companies

In other 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the 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 transaction, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is owned by company insiders.

TJX Companies Trading Down 2.4 %

Shares of NYSE TJX opened at $112.62 on Friday. The stock has a market capitalization of $126.60 billion, a P/E ratio of 26.50, a PEG ratio of 2.75 and a beta of 0.96. The business’s 50 day moving average is $122.33 and its two-hundred day moving average is $120.24. 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.

TJX Companies (NYSE:TJX) last announced its quarterly 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. The firm had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current 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.