The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Haverford Financial Services Inc.

Haverford Financial Services Inc. boosted its stake in The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 99,589 shares of the apparel and home fashions retailer’s stock after purchasing an additional 278 shares during the period. TJX Companies comprises approximately 3.7% of Haverford Financial Services Inc.’s portfolio, making the stock its 11th largest position. Haverford Financial Services Inc.’s holdings in TJX Companies were worth $12,031,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TJX. Bogart Wealth LLC acquired a new position in shares of TJX Companies in the fourth quarter worth $25,000. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies in the fourth quarter worth $26,000. Truvestments Capital LLC acquired a new position in shares of TJX Companies in the third quarter worth $29,000. Legacy Investment Solutions LLC acquired a new position in shares of TJX Companies in the third quarter worth $30,000. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of TJX Companies in the fourth quarter worth $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Price Performance

Shares of NYSE:TJX opened at $116.09 on Friday. The company has a 50-day simple moving average of $121.69 and a 200-day simple moving average of $120.13. 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 quick ratio of 0.50 and a current ratio of 1.19. The stock has a market capitalization of $130.51 billion, a price-to-earnings ratio of 27.32, a PEG ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating 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 business had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. On average, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Transactions at TJX Companies

In other news, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction dated 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 in the company, valued at $59,569,772.67. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alan M. Bennett sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on TJX. BMO Capital Markets boosted their price target on shares of TJX Companies from $133.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. UBS Group lifted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Robert W. Baird lifted their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Barclays lifted their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Finally, StockNews.com cut shares of TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.06.

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.