Financial Counselors Inc. Has $3.45 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Financial Counselors Inc. boosted its position in The TJX Companies, Inc. (NYSE:TJX) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 28,536 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,636 shares during the period. Financial Counselors Inc.’s holdings in TJX Companies were worth $3,447,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in TJX Companies in the 4th quarter valued at $570,342,000. DJE Kapital AG acquired a new position in TJX Companies in the 4th quarter valued at about $140,068,000. Provident Trust Co. raised its holdings in TJX Companies by 71.3% in the 4th quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer’s stock valued at $328,984,000 after acquiring an additional 1,133,486 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its position in TJX Companies by 161.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer’s stock worth $210,003,000 after acquiring an additional 1,102,912 shares during the last quarter. Finally, Capital Wealth Planning LLC grew its position in shares of TJX Companies by 39.1% in the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock valued at $441,953,000 after purchasing an additional 1,027,456 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Price Performance

TJX Companies stock opened at $120.55 on Friday. The firm has a market cap of $135.51 billion, a P/E ratio of 28.36, a P/E/G ratio of 2.75 and a beta of 0.96. The stock’s 50 day moving average is $121.69 and its 200 day moving average is $120.19. 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 TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00.

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 analysts’ consensus estimates 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 analyst estimates of $16.24 billion. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was 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 directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the 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 disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TJX. Telsey Advisory Group reiterated an “outperform” rating and set a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. Barclays boosted their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Morgan Stanley raised their target price on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. BMO Capital Markets boosted their price target on TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company raised their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $135.06.

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.