The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Ashburton Jersey Ltd

Ashburton Jersey Ltd increased its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 52.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,091 shares of the apparel and home fashions retailer’s stock after purchasing an additional 6,556 shares during the quarter. TJX Companies accounts for approximately 0.7% of Ashburton Jersey Ltd’s investment portfolio, making the stock its 25th largest holding. Ashburton Jersey Ltd’s holdings in TJX Companies were worth $1,496,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. lifted its holdings in TJX Companies by 2.6% in the first quarter. J.W. Cole Advisors Inc. now owns 6,809 shares of the apparel and home fashions retailer’s stock valued at $534,000 after acquiring an additional 172 shares during the period. Advisors Asset Management Inc. increased its position in shares of TJX Companies by 15.1% in the first quarter. Advisors Asset Management Inc. now owns 123,265 shares of the apparel and home fashions retailer’s stock valued at $9,659,000 after buying an additional 16,162 shares in the last quarter. Integrated Advisors Network LLC increased its position in shares of TJX Companies by 3.7% in the first quarter. Integrated Advisors Network LLC now owns 5,656 shares of the apparel and home fashions retailer’s stock valued at $443,000 after buying an additional 204 shares in the last quarter. Martingale Asset Management L P purchased a new stake in shares of TJX Companies in the first quarter valued at approximately $223,000. Finally, Alpha Financial Partners LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at approximately $415,000. 89.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 45,000 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $89.04, for a total value of $4,006,800.00. Following the completion of the sale, the chief executive officer now directly owns 642,098 shares in the company, valued at approximately $57,172,405.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO Ernie Herrman sold 45,000 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $89.04, for a total value of $4,006,800.00. Following the transaction, the chief executive officer now owns 642,098 shares of the company’s stock, valued at approximately $57,172,405.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kenneth Canestrari sold 4,197 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $90.00, for a total value of $377,730.00. Following the completion of the transaction, the executive vice president now directly owns 115,223 shares in the company, valued at approximately $10,370,070. The disclosure for this sale can be found here. Insiders sold a total of 114,014 shares of company stock worth $10,291,303 in the last three months. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TJX has been the subject of a number of recent analyst reports. Loop Capital boosted their price objective on TJX Companies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, September 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on TJX Companies from $85.00 to $86.00 in a research report on Thursday, May 18th. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $104.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, August 17th. Jefferies Financial Group boosted their price objective on TJX Companies from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, August 17th. Finally, Morgan Stanley boosted their price objective on TJX Companies from $93.00 to $99.00 and gave the company an “overweight” rating in a research report on Thursday, August 17th. Three investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and an average target price of $95.42.

TJX Companies Stock Up 0.7 %

Shares of NYSE:TJX opened at $92.19 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 1.20 and a debt-to-equity ratio of 0.43. The business has a fifty day moving average of $87.64 and a two-hundred day moving average of $81.52. The stock has a market cap of $105.47 billion, a P/E ratio of 27.04, a PEG ratio of 2.21 and a beta of 0.89. The TJX Companies, Inc. has a 52-week low of $59.78 and a 52-week high of $92.87.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 16th. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.08. The company had revenue of $12.76 billion during the quarter, compared to analysts’ expectations of $12.45 billion. TJX Companies had a return on equity of 62.61% and a net margin of 7.77%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.69 EPS. On average, research analysts expect that The TJX Companies, Inc. will post 3.71 earnings per share for the current year.

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, kids, and gourmet food departments; jewelry and accessories; and other merchandise.