JLB & Associates Inc. decreased its stake in shares of TJX Companies Inc (NYSE:TJX) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 226,040 shares of the apparel and home fashions retailer’s stock after selling 4,702 shares during the period. TJX Companies accounts for 2.3% of JLB & Associates Inc.’s portfolio, making the stock its 17th largest position. JLB & Associates Inc.’s holdings in TJX Companies were worth $12,579,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of TJX. Public Employees Retirement Association of Colorado boosted its holdings in TJX Companies by 5.4% in the first quarter. Public Employees Retirement Association of Colorado now owns 228,785 shares of the apparel and home fashions retailer’s stock valued at $10,938,000 after acquiring an additional 11,817 shares during the last quarter. FinTrust Capital Advisors LLC grew its holdings in shares of TJX Companies by 16.3% during the 1st quarter. FinTrust Capital Advisors LLC now owns 6,376 shares of the apparel and home fashions retailer’s stock worth $305,000 after purchasing an additional 894 shares during the period. Invesco Ltd. grew its holdings in shares of TJX Companies by 13.4% during the 1st quarter. Invesco Ltd. now owns 8,323,714 shares of the apparel and home fashions retailer’s stock worth $397,957,000 after purchasing an additional 981,609 shares during the period. Guardian Capital LP increased its position in TJX Companies by 16.7% during the 1st quarter. Guardian Capital LP now owns 37,522 shares of the apparel and home fashions retailer’s stock worth $1,794,000 after purchasing an additional 5,374 shares in the last quarter. Finally, Six Columns Capital LP purchased a new position in TJX Companies in the first quarter valued at approximately $11,235,000. 89.96% of the stock is currently owned by institutional investors.
NYSE:TJX traded down $0.76 during mid-day trading on Friday, reaching $56.65. The stock had a trading volume of 6,839,281 shares, compared to its average volume of 8,306,869. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.51 and a quick ratio of 1.02. The company has a market capitalization of $67.93 billion, a price-to-earnings ratio of 99.39, a price-to-earnings-growth ratio of 29.19 and a beta of 0.74. TJX Companies Inc has a 1-year low of $32.72 and a 1-year high of $64.95. The stock’s 50 day simple moving average is $55.73 and its two-hundred day simple moving average is $52.34.
In other TJX Companies news, EVP Kenneth Canestrari sold 22,200 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $55.55, for a total transaction of $1,233,210.00. Following the completion of the sale, the executive vice president now owns 122,347 shares in the company, valued at $6,796,375.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.18% of the company’s stock.
Several equities research analysts have recently issued reports on TJX shares. MKM Partners dropped their price objective on shares of TJX Companies from $68.00 to $64.00 in a research report on Thursday, August 20th. Zacks Investment Research lowered TJX Companies from a “hold” rating to a “sell” rating and set a $50.00 price objective on the stock. in a research report on Tuesday, August 18th. JPMorgan Chase & Co. boosted their price objective on TJX Companies from $63.00 to $66.00 and gave the stock an “overweight” rating in a research note on Friday, September 18th. UBS Group increased their target price on TJX Companies from $52.00 to $54.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Finally, Telsey Advisory Group raised their target price on TJX Companies from $64.00 to $68.00 and gave the company an “outperform” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $63.81.
TJX Companies Profile
The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.
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