Natixis Advisors LLC Has $157.52 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Natixis Advisors LLC lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,303,876 shares of the apparel and home fashions retailer’s stock after purchasing an additional 27,409 shares during the quarter. Natixis Advisors LLC owned 0.12% of TJX Companies worth $157,521,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Howard Capital Management Group LLC boosted its stake in shares of TJX Companies by 42.9% during 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. Zions Bancorporation N.A. lifted its holdings in TJX Companies by 18.8% during the 3rd quarter. Zions Bancorporation N.A. now owns 15,327 shares of the apparel and home fashions retailer’s stock worth $1,802,000 after purchasing an additional 2,425 shares during the last quarter. Balboa Wealth Partners lifted its holdings in TJX Companies by 41.5% during the 3rd quarter. Balboa Wealth Partners now owns 2,784 shares of the apparel and home fashions retailer’s stock worth $327,000 after purchasing an additional 817 shares during the last quarter. CIBC Asset Management Inc raised its holdings in TJX Companies by 20.7% in the 3rd quarter. CIBC Asset Management Inc now owns 235,688 shares of the apparel and home fashions retailer’s stock valued at $27,703,000 after acquiring an additional 40,451 shares in the last quarter. Finally, First Business Financial Services Inc. raised its holdings in TJX Companies by 2.4% in the 3rd quarter. First Business Financial Services Inc. now owns 19,483 shares of the apparel and home fashions retailer’s stock valued at $2,290,000 after acquiring an additional 456 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX stock opened at $113.27 on Friday. The stock has a market capitalization of $127.34 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The stock’s 50 day simple moving average is $122.18 and its 200 day simple moving average is $120.20.

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, topping 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 analyst estimates of $16.24 billion. As a group, research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insider Activity at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on 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 filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction that occurred on 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 sale, 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 position. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TJX shares. Guggenheim lifted their price objective on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a report on Thursday, February 27th. StockNews.com cut TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BMO Capital Markets boosted their price target on TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Finally, Barclays boosted their price target on TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, TJX Companies has an average 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.