The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its stake in The TJX Companies, Inc. (NYSE:TJX) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 198,685 shares of the apparel and home fashions retailer’s stock after purchasing an additional 17,952 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TJX Companies were worth $24,003,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of TJX. Bogart Wealth LLC purchased a new stake in shares of TJX Companies during the fourth quarter valued at $25,000. Trivant Custom Portfolio Group LLC acquired a new stake in TJX Companies during the 4th quarter worth about $26,000. Legacy Investment Solutions LLC purchased a new stake in TJX Companies during the 3rd quarter valued at about $30,000. SOA Wealth Advisors LLC. acquired a new position in shares of TJX Companies in the fourth quarter valued at about $30,000. Finally, Millstone Evans Group LLC purchased a new position in shares of TJX Companies in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Jefferies Financial Group increased their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group restated an “outperform” rating and set a $145.00 target price on shares of TJX Companies in a research report on Thursday, February 27th. Robert W. Baird increased their price target on TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Finally, Morgan Stanley raised their target price on TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.06.

TJX Companies Stock Down 2.1 %

Shares of NYSE TJX opened at $118.06 on Monday. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The company’s 50-day simple moving average is $121.61 and its 200-day simple moving average is $120.24. The firm has a market cap of $132.72 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96.

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

Insiders Place Their Bets

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

TJX Companies 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.