The TJX Companies, Inc. (NYSE:TJX) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 163.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,814 shares of the apparel and home fashions retailer’s stock after acquiring an additional 2,988 shares during the quarter. WINTON GROUP Ltd’s holdings in TJX Companies were worth $582,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Howard Capital Management Group LLC grew its holdings in TJX Companies by 42.9% during the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after acquiring an additional 69,489 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of TJX Companies in the 3rd quarter valued at about $922,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in TJX Companies by 24.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 80,813 shares of the apparel and home fashions retailer’s stock worth $9,499,000 after buying an additional 16,043 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in TJX Companies by 8.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 229,833 shares of the apparel and home fashions retailer’s stock worth $27,015,000 after buying an additional 17,184 shares during the period. Finally, Financial Counselors Inc. lifted its stake in TJX Companies by 4.1% in the third quarter. Financial Counselors Inc. now owns 26,900 shares of the apparel and home fashions retailer’s stock valued at $3,162,000 after buying an additional 1,069 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TJX. Barclays upped their target price on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, February 27th. Morgan Stanley upped their price target on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Wells Fargo & Company boosted their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Telsey Advisory Group reiterated an “outperform” rating and set a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. Finally, Robert W. Baird raised their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.06.

TJX Companies Stock Down 2.1 %

TJX opened at $118.06 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 company has a market cap of $132.72 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The business’s fifty day moving average is $121.61 and its two-hundred day moving average is $120.22.

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

Insider Activity

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

About TJX Companies

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.