J.W. Cole Advisors Inc. Acquires 2,655 Shares of The TJX Companies, Inc. (NYSE:TJX)

J.W. Cole Advisors Inc. grew its stake in The TJX Companies, Inc. (NYSE:TJX) by 28.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,871 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,655 shares during the period. J.W. Cole Advisors Inc.’s holdings in TJX Companies were worth $1,307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dearborn Partners LLC increased its position in shares of TJX Companies by 4.0% during the 2nd quarter. Dearborn Partners LLC now owns 2,359 shares of the apparel and home fashions retailer’s stock worth $260,000 after purchasing an additional 90 shares during the last quarter. Wambolt & Associates LLC increased its holdings in TJX Companies by 1.4% during the second quarter. Wambolt & Associates LLC now owns 6,791 shares of the apparel and home fashions retailer’s stock worth $751,000 after buying an additional 94 shares during the last quarter. Armbruster Capital Management Inc. raised its position in TJX Companies by 4.9% during the second quarter. Armbruster Capital Management Inc. now owns 2,097 shares of the apparel and home fashions retailer’s stock worth $231,000 after acquiring an additional 97 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in TJX Companies by 4.8% in the second quarter. Aprio Wealth Management LLC now owns 2,176 shares of the apparel and home fashions retailer’s stock valued at $240,000 after acquiring an additional 99 shares during the last quarter. Finally, Mcdonald Partners LLC grew its position in shares of TJX Companies by 4.4% in the 2nd quarter. Mcdonald Partners LLC now owns 2,344 shares of the apparel and home fashions retailer’s stock valued at $258,000 after acquiring an additional 99 shares during the period. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE TJX opened at $119.81 on Monday. The TJX Companies, Inc. has a 12-month low of $86.71 and a 12-month high of $121.13. The firm has a 50-day moving average price of $114.33 and a two-hundred day moving average price of $105.57. The company has a market capitalization of $135.40 billion, a P/E ratio of 29.73, a P/E/G ratio of 2.99 and a beta of 0.89. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion for the quarter, compared to analyst estimates of $13.31 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. Analysts anticipate that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TJX. Robert W. Baird upped their target price on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. BMO Capital Markets raised their price objective on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Loop Capital boosted their target price on TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Wells Fargo & Company raised their price target on TJX Companies from $100.00 to $115.00 and gave the company an “equal weight” rating in a report on Thursday, August 22nd. Finally, Evercore ISI upped their price objective on shares of TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, August 19th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $126.76.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the sale, the chief executive officer now directly owns 536,148 shares in the company, valued at $63,018,835.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by company insiders.

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.