The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lessened by Stonebrook Private Inc.

Stonebrook Private Inc. cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 2.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,115 shares of the apparel and home fashions retailer’s stock after selling 250 shares during the period. Stonebrook Private Inc.’s holdings in TJX Companies were worth $1,224,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TJX. Fisher Asset Management LLC raised its holdings in shares of TJX Companies by 21.8% during the 4th quarter. Fisher Asset Management LLC now owns 5,569 shares of the apparel and home fashions retailer’s stock valued at $522,000 after purchasing an additional 996 shares in the last quarter. Aveo Capital Partners LLC lifted its holdings in TJX Companies by 6.0% in the 4th quarter. Aveo Capital Partners LLC now owns 3,568 shares of the apparel and home fashions retailer’s stock worth $335,000 after purchasing an additional 203 shares during the last quarter. 9258 Wealth Management LLC boosted its position in TJX Companies by 36.6% during the fourth quarter. 9258 Wealth Management LLC now owns 13,515 shares of the apparel and home fashions retailer’s stock worth $1,268,000 after purchasing an additional 3,624 shares during the period. Gryphon Financial Partners LLC grew its holdings in TJX Companies by 35.9% during the fourth quarter. Gryphon Financial Partners LLC now owns 2,908 shares of the apparel and home fashions retailer’s stock valued at $249,000 after purchasing an additional 768 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its position in shares of TJX Companies by 9.7% in the fourth quarter. Wealthspire Advisors LLC now owns 13,183 shares of the apparel and home fashions retailer’s stock valued at $1,237,000 after purchasing an additional 1,166 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE TJX traded down $2.39 during mid-day trading on Friday, hitting $115.62. 4,827,263 shares of the stock were exchanged, compared to its average volume of 5,428,720. The TJX Companies, Inc. has a twelve month low of $86.71 and a twelve month high of $121.13. The stock’s fifty day simple moving average is $113.58 and its two-hundred day simple moving average is $104.82. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The company has a market cap of $130.67 billion, a P/E ratio of 28.69, a PEG ratio of 2.97 and a beta of 0.89.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results 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. The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 EPS. As a group, analysts forecast that The TJX Companies, Inc. will post 4.15 EPS for the current fiscal year.

Analyst Ratings Changes

TJX has been the topic of several recent analyst reports. Evercore ISI lifted their target price on shares of TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, August 19th. Citigroup downgraded TJX Companies from a “buy” rating to a “neutral” rating and increased their target price for the company from $110.00 to $128.00 in a research note on Thursday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $128.00 price target on shares of TJX Companies in a research report on Wednesday, August 21st. Bank of America raised 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. Finally, Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of TJX Companies in a research note on Tuesday, May 21st. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.