Knights of Columbus Asset Advisors LLC Has $16.95 Million Position in The TJX Companies, Inc. (NYSE:TJX)

Knights of Columbus Asset Advisors LLC raised its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 140,268 shares of the apparel and home fashions retailer’s stock after buying an additional 1,122 shares during the period. TJX Companies comprises about 1.1% of Knights of Columbus Asset Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Knights of Columbus Asset Advisors LLC’s holdings in TJX Companies were worth $16,946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Umpqua Bank boosted its stake in shares of TJX Companies by 9.1% during the 4th quarter. Umpqua Bank now owns 2,617 shares of the apparel and home fashions retailer’s stock valued at $312,000 after buying an additional 218 shares during the period. American Century Companies Inc. lifted its stake in shares of TJX Companies by 12.0% in the 4th quarter. American Century Companies Inc. now owns 3,199,040 shares of the apparel and home fashions retailer’s stock valued at $386,476,000 after purchasing an additional 342,208 shares during the last quarter. Plancorp LLC lifted its stake in shares of TJX Companies by 46.2% in the 4th quarter. Plancorp LLC now owns 4,295 shares of the apparel and home fashions retailer’s stock valued at $519,000 after purchasing an additional 1,358 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in shares of TJX Companies in the 4th quarter valued at $154,000. Finally, Mizuho Securities USA LLC lifted its stake in shares of TJX Companies by 45.9% in the 4th quarter. Mizuho Securities USA LLC now owns 106,897 shares of the apparel and home fashions retailer’s stock valued at $12,914,000 after purchasing an additional 33,613 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $116.09 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. The firm’s 50-day simple moving average is $121.69 and its 200-day simple moving average is $120.12. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The firm has a market cap of $130.51 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $16.24 billion. As a group, research analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TJX shares. Guggenheim lifted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. StockNews.com lowered shares of TJX Companies from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Morgan Stanley lifted their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday, February 27th. Finally, Robert W. Baird lifted their target price on shares of TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, TJX Companies presently has an average rating of “Moderate Buy” and a consensus target price of $135.06.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 484,189 shares in the company, valued at $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction dated 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. 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.