Prostatis Group LLC reduced its position in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 11.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,008 shares of the apparel and home fashions retailer’s stock after selling 267 shares during the quarter. Prostatis Group LLC’s holdings in TJX Companies were worth $245,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in TJX. TCTC Holdings LLC raised its holdings in shares of TJX Companies by 210.1% in the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after purchasing an additional 145 shares during the period. Atlantic Edge Private Wealth Management LLC increased its position in TJX Companies by 58.8% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 297 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 110 shares during the last quarter. Iron Horse Wealth Management LLC raised its stake in TJX Companies by 99.3% in the first quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after buying an additional 149 shares during the period. Inlight Wealth Management LLC bought a new stake in TJX Companies in the first quarter valued at approximately $37,000. Finally, Activest Wealth Management lifted its position in shares of TJX Companies by 4,485.7% in the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after buying an additional 314 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.
TJX Companies Trading Down 0.6%
Shares of TJX Companies stock opened at $139.95 on Wednesday. The firm has a 50-day moving average of $130.53 and a 200-day moving average of $126.65. The stock has a market cap of $155.76 billion, a PE ratio of 31.88, a PEG ratio of 3.17 and a beta of 0.90. The TJX Companies, Inc. has a 52-week low of $111.22 and a 52-week high of $145.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on TJX. Macquarie restated a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Cowen reiterated a “buy” rating on shares of TJX Companies in a report on Tuesday, May 20th. Daiwa America raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. UBS Group lifted their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $145.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $147.58.
View Our Latest Stock Report on TJX
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.
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