Mizuho Securities USA LLC Has $12.91 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Mizuho Securities USA LLC grew its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 45.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 106,897 shares of the apparel and home fashions retailer’s stock after acquiring an additional 33,613 shares during the quarter. Mizuho Securities USA LLC’s holdings in TJX Companies were worth $12,914,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Congress Asset Management Co. boosted its position in shares of TJX Companies by 1.1% during the 4th quarter. Congress Asset Management Co. now owns 1,228,840 shares of the apparel and home fashions retailer’s stock worth $148,456,000 after acquiring an additional 13,036 shares in the last quarter. Atlas Legacy Advisors LLC acquired a new stake in shares of TJX Companies during the 4th quarter worth approximately $433,000. BLB&B Advisors LLC boosted its position in shares of TJX Companies by 2.8% during the 4th quarter. BLB&B Advisors LLC now owns 81,079 shares of the apparel and home fashions retailer’s stock worth $9,795,000 after acquiring an additional 2,201 shares in the last quarter. Empowered Funds LLC boosted its position in shares of TJX Companies by 12.1% during the 4th quarter. Empowered Funds LLC now owns 34,186 shares of the apparel and home fashions retailer’s stock worth $4,130,000 after acquiring an additional 3,691 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH acquired a new stake in TJX Companies in the fourth quarter valued at approximately $604,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of TJX Companies stock in a transaction on Wednesday, March 5th. The shares were 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 directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

TJX Companies Price Performance

Shares of NYSE TJX opened at $116.09 on Friday. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The firm has a fifty day simple moving average of $121.69 and a 200 day simple moving average of $120.12. The company has a market capitalization of $130.51 billion, a PE ratio of 27.32, a P/E/G 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.

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

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Barclays raised their target price 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. UBS Group raised their target price on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. TD Cowen raised their target price on shares of TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Telsey Advisory Group restated an “outperform” rating and issued a $145.00 target price on shares of TJX Companies in a research report on Thursday, February 27th. Finally, Morgan Stanley raised their target price on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and an average 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.