Sivia Capital Partners LLC Trims Position in The TJX Companies, Inc. (NYSE:TJX)

Sivia Capital Partners LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,096 shares of the apparel and home fashions retailer’s stock after selling 196 shares during the period. Sivia Capital Partners LLC’s holdings in TJX Companies were worth $341,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TJX. Dearborn Partners LLC raised its stake in shares of TJX Companies by 4.0% during the second quarter. Dearborn Partners LLC now owns 2,359 shares of the apparel and home fashions retailer’s stock valued at $260,000 after acquiring an additional 90 shares in the last quarter. Armbruster Capital Management Inc. raised its position in TJX Companies by 4.9% during the 2nd quarter. Armbruster Capital Management Inc. now owns 2,097 shares of the apparel and home fashions retailer’s stock valued at $231,000 after purchasing an additional 97 shares in the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of TJX Companies by 4.8% in the 2nd quarter. Aprio Wealth Management LLC now owns 2,176 shares of the apparel and home fashions retailer’s stock worth $240,000 after buying an additional 99 shares during the period. Mcdonald Partners LLC increased its position in TJX Companies by 4.4% during 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 purchasing an additional 99 shares during the period. Finally, M3 Advisory Group LLC lifted its position in shares of TJX Companies by 4.1% in the 2nd quarter. M3 Advisory Group LLC now owns 2,520 shares of the apparel and home fashions retailer’s stock worth $277,000 after purchasing an additional 99 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Down 2.0 %

Shares of NYSE TJX opened at $115.62 on Friday. The firm has a market cap of $130.67 billion, a price-to-earnings ratio of 28.69, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89. The company’s 50-day simple moving average is $113.58 and its 200-day simple moving average is $104.82. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The TJX Companies, Inc. has a 52-week low of $86.71 and a 52-week high of $121.13.

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

Analyst Ratings Changes

TJX has been the subject of a number of recent research reports. Bank of America boosted their price objective on shares of TJX Companies from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Sanford C. Bernstein raised their price objective on TJX Companies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, May 23rd. StockNews.com cut TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Evercore ISI boosted their price target on TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, August 19th. Finally, UBS Group boosted their price objective on shares of TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $126.76.

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