Segall Bryant & Hamill LLC Sells 19,775 Shares of The TJX Companies, Inc. (NYSE:TJX)

Segall Bryant & Hamill LLC lessened its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 268,357 shares of the apparel and home fashions retailer’s stock after selling 19,775 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in TJX Companies were worth $32,420,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Napean Trading & Investment Co Singapore PTE Ltd lifted its holdings in shares of TJX Companies by 37.7% in the fourth quarter. Napean Trading & Investment Co Singapore PTE Ltd now owns 153,796 shares of the apparel and home fashions retailer’s stock valued at $18,580,000 after purchasing an additional 42,117 shares in the last quarter. United Services Automobile Association raised its position in TJX Companies by 1.4% in the 4th 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 buying an additional 356 shares during the last quarter. Angeles Investment Advisors LLC lifted its stake in TJX Companies by 4.5% during the 4th quarter. Angeles Investment Advisors LLC now owns 2,374 shares of the apparel and home fashions retailer’s stock valued at $287,000 after acquiring an additional 102 shares in the last quarter. Vanguard Group Inc. boosted its holdings in TJX Companies by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 99,314,635 shares of the apparel and home fashions retailer’s stock worth $11,998,201,000 after acquiring an additional 578,948 shares during the last quarter. Finally, Haverford Financial Services Inc. grew its stake in shares of TJX Companies by 0.3% in the 4th quarter. Haverford Financial Services Inc. now owns 99,589 shares of the apparel and home fashions retailer’s stock worth $12,031,000 after acquiring an additional 278 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX opened at $119.64 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The stock has a market cap of $134.49 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The stock has a fifty day moving average of $121.68 and a 200-day moving average of $120.16.

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, topping the consensus estimate of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $16.35 billion during the quarter, compared to the consensus estimate of $16.24 billion. Equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

Insider Buying and Selling

In other 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the company’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 transaction of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on TJX shares. Barclays raised their price target on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, February 27th. BMO Capital Markets boosted their target price on TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. StockNews.com downgraded TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Jefferies Financial Group lifted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a research report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, TJX Companies has an average rating of “Moderate Buy” and an average target price 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.