The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Carson Advisory Inc.

Carson Advisory Inc. lifted its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,291 shares of the apparel and home fashions retailer’s stock after buying an additional 142 shares during the period. Carson Advisory Inc.’s holdings in TJX Companies were worth $252,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TJX. Richard W. Paul & Associates LLC acquired a new position in TJX Companies during the 2nd quarter worth $25,000. Valued Wealth Advisors LLC raised its stake in shares of TJX Companies by 260.3% during the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock valued at $25,000 after purchasing an additional 177 shares in the last quarter. Frazier Financial Advisors LLC acquired a new stake in TJX Companies in the fourth quarter worth about $27,000. New Millennium Group LLC bought a new position in TJX Companies in the 2nd quarter valued at about $34,000. Finally, OFI Invest Asset Management acquired a new position in TJX Companies during the 1st quarter valued at about $30,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Price Performance

NYSE TJX opened at $117.83 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37. The TJX Companies, Inc. has a 1 year low of $86.71 and a 1 year high of $121.13. The company has a market cap of $132.90 billion, a PE ratio of 29.24, a PEG ratio of 2.92 and a beta of 0.89. The stock’s 50-day moving average price is $113.86 and its two-hundred day moving average price is $105.18.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. The business had revenue of $13.47 billion for the quarter, compared to the consensus estimate of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $0.85 earnings per share. On average, analysts predict that The TJX Companies, Inc. will post 4.15 EPS for the current year.

Analysts Set New Price Targets

TJX has been the subject of a number of research analyst reports. Citigroup lowered shares of TJX Companies from a “buy” rating to a “neutral” rating and upped their price target for the stock from $110.00 to $128.00 in a research note on Thursday, August 22nd. Sanford C. Bernstein upped their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, May 23rd. UBS Group lifted their price target on TJX Companies from $134.00 to $148.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. BMO Capital Markets upped their price objective on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Finally, Loop Capital lifted their target price on TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, TJX Companies currently has an average rating of “Moderate Buy” and an average price target of $126.76.

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.