The TJX Companies, Inc. (NYSE:TJX) Stake Lowered by Haverford Trust Co

Haverford Trust Co trimmed its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,771,668 shares of the apparel and home fashions retailer’s stock after selling 5,568 shares during the period. TJX Companies accounts for approximately 2.1% of Haverford Trust Co’s holdings, making the stock its 14th largest position. Haverford Trust Co owned about 0.16% of TJX Companies worth $214,035,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TJX. United Services Automobile Association lifted its holdings in shares of TJX Companies by 1.4% during the fourth quarter. United Services Automobile Association now owns 25,607 shares of the apparel and home fashions retailer’s stock valued at $3,094,000 after acquiring an additional 356 shares during the period. Angeles Investment Advisors LLC lifted its position in shares of TJX Companies by 4.5% in the fourth quarter. Angeles Investment Advisors LLC now owns 2,374 shares of the apparel and home fashions retailer’s stock worth $287,000 after purchasing an additional 102 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of TJX Companies by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer’s stock valued at $11,998,201,000 after buying an additional 578,948 shares in the last quarter. Haverford Financial Services Inc. increased its holdings in shares of TJX Companies by 0.3% in the fourth quarter. Haverford Financial Services Inc. now owns 99,589 shares of the apparel and home fashions retailer’s stock valued at $12,031,000 after purchasing an additional 278 shares during the last quarter. Finally, Napatree Capital LLC bought a new stake in TJX Companies in the 4th quarter valued at about $232,000. Institutional investors own 91.09% of the company’s stock.

Insiders Place Their Bets

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was 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 SEC, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the business’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 transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TJX has been the topic of a number of recent research reports. Barclays lifted their price target on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday, February 27th. Robert W. Baird lifted their price target on TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, BMO Capital Markets lifted their price target on TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $135.06.

TJX Companies Trading Down 0.1 %

Shares of TJX opened at $116.09 on Monday. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The stock’s fifty day simple moving average is $121.69 and its 200 day simple moving average is $120.15. 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 firm has a market capitalization of $130.51 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last released its earnings results 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 the consensus estimate of $16.24 billion. On average, equities research analysts forecast that The TJX Companies, Inc. will post 4.18 earnings per share 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.