First National Trust Co Purchases 3,891 Shares of The TJX Companies, Inc. (NYSE:TJX)

First National Trust Co grew its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,067 shares of the apparel and home fashions retailer’s stock after acquiring an additional 3,891 shares during the quarter. First National Trust Co’s holdings in TJX Companies were worth $10,156,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC bought a new stake in TJX Companies during the fourth quarter worth $25,000. Trivant Custom Portfolio Group LLC purchased a new position in TJX Companies in the fourth quarter worth $26,000. Truvestments Capital LLC purchased a new position in TJX Companies in the third quarter worth $29,000. Legacy Investment Solutions LLC purchased a new position in TJX Companies in the third quarter worth $30,000. Finally, SOA Wealth Advisors LLC. purchased a new position in TJX Companies in the fourth quarter worth $30,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 2.4 %

TJX opened at $112.62 on Friday. The stock has a market cap of $126.60 billion, a PE ratio of 26.50, a PEG ratio of 2.75 and a beta of 0.96. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average of $122.33 and a 200-day moving average of $120.24. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The company had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. Equities research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction 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 completion of the sale, the chief executive officer now 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction 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. Corporate insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

TJX has been the topic of several research analyst reports. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research report on Thursday, February 27th. TD Cowen upped their price target on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. StockNews.com lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Evercore ISI increased their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, Barclays increased their price objective on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.