Flaharty Asset Management LLC acquired a new position in The TJX Companies, Inc. (NYSE:TJX – Free Report) in the 1st quarter, Holdings Channel.com reports. The firm acquired 456 shares of the apparel and home fashions retailer’s stock, valued at approximately $56,000.
A number of other institutional investors also recently bought and sold shares of TJX. TCTC Holdings LLC increased its position in TJX Companies by 210.1% in the first quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock worth $26,000 after buying an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in shares of TJX Companies by 58.8% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 110 shares during the period. Iron Horse Wealth Management LLC increased its holdings in TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock worth $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC bought a new stake in TJX Companies during the 1st quarter worth approximately $37,000. Finally, Activest Wealth Management lifted its holdings in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after purchasing an additional 314 shares in the last quarter. 91.09% of the stock is owned by institutional investors.
TJX Companies Stock Down 0.1%
Shares of TJX stock opened at $139.88 on Thursday. The company’s fifty day simple moving average is $130.82 and its two-hundred day simple moving average is $126.74. The TJX Companies, Inc. has a 52 week low of $111.22 and a 52 week high of $145.58. The stock has a market cap of $155.68 billion, a P/E ratio of 31.86, a PEG ratio of 3.15 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.
Analyst Ratings Changes
A number of brokerages have recently issued reports on TJX. Robert W. Baird increased their price objective on shares of TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Evercore ISI increased their price target on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Erste Group Bank began coverage on TJX Companies in a research report on Friday, September 5th. They issued a “buy” rating on the stock. Cowen reaffirmed a “buy” rating on shares of TJX Companies in a research note on Tuesday, May 20th. Finally, Barclays lifted their target price on TJX Companies from $147.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $147.58.
Read Our Latest Stock Analysis on TJX Companies
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.
Recommended Stories
- Five stocks we like better than TJX Companies
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Despite Pullback, Rocket Lab Still Looks Primed for a Breakout
- Trading Halts Explained
- Analyst Upgrades Strengthen Microsoft’s Long-Term Outlook
Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The TJX Companies, Inc. (NYSE:TJX – Free Report).
Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.