denkapparat Operations GmbH Takes $667,000 Position in The TJX Companies, Inc. (NYSE:TJX)

denkapparat Operations GmbH acquired a new position in The TJX Companies, Inc. (NYSE:TJX) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 5,524 shares of the apparel and home fashions retailer’s stock, valued at approximately $667,000. TJX Companies makes up about 1.0% of denkapparat Operations GmbH’s holdings, making the stock its 24th largest holding.

A number of other large investors have also recently added to or reduced their stakes in TJX. Bogart Wealth LLC purchased a new position in TJX Companies in the 4th quarter valued at about $25,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of TJX Companies during the fourth quarter valued at approximately $26,000. Legacy Investment Solutions LLC purchased a new stake in TJX Companies in the 3rd quarter worth approximately $30,000. Truvestments Capital LLC acquired a new position in TJX Companies in the 3rd quarter valued at $29,000. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of TJX Companies during the 4th quarter worth $30,000. 91.09% of the stock is owned by institutional investors and hedge funds.

TJX Companies Stock Up 0.7 %

TJX stock opened at $120.55 on Friday. The company has a market cap of $135.51 billion, a PE ratio of 28.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The business’s 50-day simple moving average is $121.69 and its 200 day simple moving average is $120.19.

TJX Companies (NYSE:TJX) last issued its earnings results 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. 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 for the quarter, compared to the consensus estimate of $16.24 billion. On average, research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Thursday. Barclays upped their price target on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Robert W. Baird lifted their price target on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Finally, Wells Fargo & Company upped their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $135.06.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction dated Thursday, February 27th. The stock was 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 SEC, which can be accessed through this link. 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 value of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares in the company, 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. 0.13% of the stock is currently owned by corporate insiders.

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.