Atlas Brown Inc. lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,953 shares of the apparel and home fashions retailer’s stock after selling 378 shares during the period. TJX Companies comprises 1.1% of Atlas Brown Inc.’s investment portfolio, making the stock its 20th largest holding. Atlas Brown Inc.’s holdings in TJX Companies were worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. TCTC Holdings LLC grew its stake in TJX Companies by 210.1% during the 1st quarter. TCTC Holdings LLC now owns 214 shares of the apparel and home fashions retailer’s stock valued at $26,000 after acquiring an additional 145 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in TJX Companies by 58.8% in 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 purchasing an additional 110 shares in the last quarter. Iron Horse Wealth Management LLC raised its stake in shares of TJX Companies by 99.3% in the 1st quarter. Iron Horse Wealth Management LLC now owns 299 shares of the apparel and home fashions retailer’s stock valued at $36,000 after acquiring an additional 149 shares in the last quarter. Inlight Wealth Management LLC acquired a new stake in shares of TJX Companies in the first quarter worth $37,000. Finally, Activest Wealth Management boosted its holdings in TJX Companies by 4,485.7% during the first quarter. Activest Wealth Management now owns 321 shares of the apparel and home fashions retailer’s stock valued at $39,000 after acquiring an additional 314 shares during the period. Institutional investors and hedge funds own 91.09% of the company’s stock.
TJX Companies Stock Down 0.9%
TJX opened at $139.55 on Monday. The TJX Companies, Inc. has a twelve month low of $111.22 and a twelve month high of $145.58. The firm has a market cap of $155.31 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.14 and a beta of 0.90. The firm’s 50-day simple moving average is $131.39 and its 200-day simple moving average is $127.03. 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 Analysts Forecast Growth
A number of equities analysts recently issued reports on TJX shares. TD Securities boosted their target price on shares of TJX Companies from $140.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. raised their price objective on TJX Companies from $145.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Daiwa America upgraded TJX Companies to a “strong-buy” rating in a research report on Tuesday, July 8th. Daiwa Capital Markets started coverage on TJX Companies in a research note on Tuesday, July 8th. They issued an “outperform” rating and a $133.00 target price for the company. Finally, Bank of America lifted their price target on shares of TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. One research 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’s stock. According to MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $147.58.
View Our Latest Analysis 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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