TJX Companies Inc (NYSE:TJX) Shares Purchased by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. raised its position in shares of TJX Companies Inc (NYSE:TJX) by 21.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,533 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,683 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in TJX Companies were worth $456,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. boosted its stake in TJX Companies by 4.7% during the 1st quarter. BlackRock Inc. now owns 92,844,934 shares of the apparel and home fashions retailer’s stock valued at $4,438,915,000 after purchasing an additional 4,189,911 shares during the period. Geode Capital Management LLC increased its stake in TJX Companies by 4.6% in the 4th quarter. Geode Capital Management LLC now owns 17,406,464 shares of the apparel and home fashions retailer’s stock valued at $1,060,534,000 after buying an additional 763,029 shares during the period. Fiera Capital Corp increased its stake in shares of TJX Companies by 6.2% during the 4th quarter. Fiera Capital Corp now owns 14,465,713 shares of the apparel and home fashions retailer’s stock worth $883,277,000 after purchasing an additional 847,313 shares during the last quarter. Norges Bank acquired a new position in shares of TJX Companies during the 4th quarter worth $789,572,000. Finally, UBS Asset Management Americas Inc. boosted its holdings in shares of TJX Companies by 7.9% during the 4th quarter. UBS Asset Management Americas Inc. now owns 10,427,842 shares of the apparel and home fashions retailer’s stock worth $636,724,000 after buying an additional 759,289 shares during the period. 88.45% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the company. Atlantic Securities upgraded TJX Companies from a “neutral” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Wednesday, April 29th. Robert W. Baird cut their target price on TJX Companies from $72.00 to $65.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Nomura Instinet increased their target price on TJX Companies from $59.00 to $60.00 and gave the stock a “buy” rating in a report on Friday. ValuEngine upgraded TJX Companies from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Gordon Haskett upgraded TJX Companies from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $64.04.

Shares of TJX Companies stock traded down $0.89 during trading hours on Friday, hitting $53.41. 13,418,907 shares of the company’s stock traded hands, compared to its average volume of 11,063,555. TJX Companies Inc has a 12-month low of $32.72 and a 12-month high of $64.95. The stock has a market capitalization of $65.04 billion, a price-to-earnings ratio of 38.99, a PEG ratio of 4.03 and a beta of 0.70. The company has a fifty day simple moving average of $47.52 and a 200-day simple moving average of $55.87. The company has a debt-to-equity ratio of 3.19, a current ratio of 2.20 and a quick ratio of 0.56.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Thursday, May 21st. The apparel and home fashions retailer reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.56). TJX Companies had a return on equity of 31.29% and a net margin of 4.57%. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.92 billion. During the same period last year, the business posted $0.57 EPS. The company’s revenue was down 52.5% compared to the same quarter last year. On average, analysts forecast that TJX Companies Inc will post 1.28 EPS for the current fiscal year.

About TJX Companies

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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Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

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