Wintrust Investments LLC Sells 223 Shares of The TJX Companies, Inc. (NYSE:TJX)

Wintrust Investments LLC lessened its stake in The TJX Companies, Inc. (NYSE:TJX) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,401 shares of the apparel and home fashions retailer’s stock after selling 223 shares during the quarter. Wintrust Investments LLC’s holdings in TJX Companies were worth $290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Howard Capital Management Group LLC boosted its position in shares of TJX Companies by 42.9% during the 3rd 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 in the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of TJX Companies by 30.5% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 10,081 shares of the apparel and home fashions retailer’s stock valued at $1,185,000 after purchasing an additional 2,355 shares in the last quarter. Savvy Advisors Inc. bought a new position in shares of TJX Companies in the 3rd quarter valued at $339,000. Prime Capital Investment Advisors LLC raised its holdings in shares of TJX Companies by 1.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 52,551 shares of the apparel and home fashions retailer’s stock worth $6,177,000 after buying an additional 662 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in TJX Companies by 26.9% in the third quarter. Victory Capital Management Inc. now owns 892,459 shares of the apparel and home fashions retailer’s stock valued at $104,900,000 after buying an additional 189,455 shares in the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.7 %

NYSE TJX opened at $115.34 on Thursday. The TJX Companies, Inc. has a one year low of $92.35 and a one year high of $128.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The business has a 50 day simple moving average of $122.50 and a 200 day simple moving average of $120.30. The stock has a market capitalization of $129.66 billion, a P/E ratio of 27.14, a P/E/G ratio of 2.75 and a beta of 0.96.

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. TD Cowen boosted their target price on TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. 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 report on Thursday, February 27th. Barclays upped their price target on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, February 27th. Evercore ISI raised their price objective on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group upped their target price on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.06.

Insider Activity at TJX Companies

In related news, CEO Ernie Herrman sold 23,428 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer now owns 484,189 shares in the company, valued at $59,569,772.67. This represents a 4.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction dated 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 insiders.

TJX Companies Company 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.