The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,422 shares of the apparel and home fashions retailer’s stock after selling 3,080 shares during the quarter. Evoke Wealth LLC’s holdings in TJX Companies were worth $8,870,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TJX. Raymond James Financial Inc. acquired a new position in TJX Companies during the fourth quarter worth about $570,342,000. DJE Kapital AG acquired a new position in shares of TJX Companies in the 4th quarter worth approximately $140,068,000. Provident Trust Co. raised its holdings in shares of 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 worth $328,984,000 after purchasing an additional 1,133,486 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake 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 valued at $210,003,000 after purchasing an additional 1,102,912 shares during the last quarter. Finally, Capital Wealth Planning LLC boosted its holdings in TJX Companies by 39.1% during the fourth quarter. Capital Wealth Planning LLC now owns 3,658,245 shares of the apparel and home fashions retailer’s stock worth $441,953,000 after buying an additional 1,027,456 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 1.1 %

Shares of TJX Companies stock opened at $114.52 on Tuesday. The company has a market cap of $128.73 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The company’s fifty day simple moving average is $122.05 and its 200-day simple moving average is $120.18. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. The company had revenue of $16.35 billion for the quarter, compared to analyst estimates of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Buying and Selling at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TJX shares. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Barclays increased their target price on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Evercore ISI lifted their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group increased their price objective on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $135.06.

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.