The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Community Bank N.A.

Community Bank N.A. trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 20.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 953 shares of the apparel and home fashions retailer’s stock after selling 250 shares during the quarter. Community Bank N.A.’s holdings in TJX Companies were worth $115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Napatree Capital LLC purchased a new position in TJX Companies during the 4th quarter valued at about $232,000. Stevens Capital Management LP purchased a new position in TJX Companies during the 4th quarter valued at about $1,629,000. LPL Financial LLC boosted its holdings in TJX Companies by 15.3% during the 4th quarter. LPL Financial LLC now owns 1,009,386 shares of the apparel and home fashions retailer’s stock valued at $121,944,000 after acquiring an additional 134,175 shares during the period. Banco de Sabadell S.A boosted its holdings in TJX Companies by 1.3% during the 4th quarter. Banco de Sabadell S.A now owns 19,800 shares of the apparel and home fashions retailer’s stock valued at $2,392,000 after acquiring an additional 248 shares during the period. Finally, Fox Run Management L.L.C. boosted its stake in shares of TJX Companies by 117.9% in the 4th quarter. Fox Run Management L.L.C. now owns 10,441 shares of the apparel and home fashions retailer’s stock valued at $1,261,000 after buying an additional 5,650 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Down 0.1 %

TJX Companies stock opened at $116.09 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. The company has a market cap of $130.51 billion, a PE ratio of 27.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The stock’s 50 day moving average price is $121.69 and its 200 day moving average price is $120.15.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results 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 firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. On average, sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TJX shares. Wells Fargo & Company lifted their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Jefferies Financial Group lifted their price target on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. UBS Group lifted their price target on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Barclays lifted their price target on TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a research report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $135.06.

Insider Activity at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the business’s 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 sale, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

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.