The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Amica Retiree Medical Trust

Amica Retiree Medical Trust lowered its holdings in The TJX Companies, Inc. (NYSE:TJX) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,415 shares of the apparel and home fashions retailer’s stock after selling 210 shares during the period. Amica Retiree Medical Trust’s holdings in TJX Companies were worth $292,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC boosted its position in shares of TJX Companies by 42.9% in the third 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 during the last quarter. Centaurus Financial Inc. acquired a new stake in shares of TJX Companies during the 3rd quarter worth $101,000. Truvestments Capital LLC purchased a new position in shares of TJX Companies in the 3rd quarter worth $29,000. Patton Albertson Miller Group LLC boosted its holdings in TJX Companies by 28.7% in the third quarter. Patton Albertson Miller Group LLC now owns 3,050 shares of the apparel and home fashions retailer’s stock valued at $358,000 after acquiring an additional 680 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in TJX Companies during the third quarter valued at about $922,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the firm’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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the transaction, the chief executive officer now directly owns 484,189 shares of the company’s stock, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

TJX has been the topic of several research analyst reports. UBS Group lifted their price objective on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Jefferies Financial Group boosted their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. BMO Capital Markets raised their target price on shares of TJX Companies from $133.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Wells Fargo & Company upped their price target on shares of TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Finally, Guggenheim increased their price target on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TJX Companies has an average rating of “Moderate Buy” and a consensus price target of $135.06.

TJX Companies Stock Performance

TJX stock opened at $119.66 on Thursday. The stock’s 50 day simple moving average is $121.71 and its 200 day simple moving average is $120.19. The TJX Companies, Inc. has a 12-month low of $92.35 and a 12-month high of $128.00. The firm has a market cap of $134.51 billion, a P/E ratio of 28.15, a P/E/G ratio of 2.75 and a beta of 0.96. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35.

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, topping analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $16.35 billion for the quarter, compared to analysts’ expectations of $16.24 billion. As a group, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

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.