Oregon Public Employees Retirement Fund Sells 93 Shares of The TJX Companies, Inc. (NYSE:TJX)

Oregon Public Employees Retirement Fund trimmed its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,283 shares of the apparel and home fashions retailer’s stock after selling 93 shares during the period. Oregon Public Employees Retirement Fund’s holdings in TJX Companies were worth $10,711,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TJX. Dearborn Partners LLC raised its holdings in shares of TJX Companies by 4.0% in the 2nd quarter. Dearborn Partners LLC now owns 2,359 shares of the apparel and home fashions retailer’s stock worth $260,000 after purchasing an additional 90 shares during the period. Armbruster Capital Management Inc. increased its stake in shares of TJX Companies by 4.9% in the second quarter. Armbruster Capital Management Inc. now owns 2,097 shares of the apparel and home fashions retailer’s stock worth $231,000 after purchasing an additional 97 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in shares of TJX Companies by 4.8% during the 2nd quarter. Aprio Wealth Management LLC now owns 2,176 shares of the apparel and home fashions retailer’s stock valued at $240,000 after buying an additional 99 shares in the last quarter. Mcdonald Partners LLC grew its stake in TJX Companies by 4.4% in the 2nd quarter. Mcdonald Partners LLC now owns 2,344 shares of the apparel and home fashions retailer’s stock valued at $258,000 after buying an additional 99 shares in the last quarter. Finally, M3 Advisory Group LLC raised its holdings in TJX Companies by 4.1% during the 2nd quarter. M3 Advisory Group LLC now owns 2,520 shares of the apparel and home fashions retailer’s stock valued at $277,000 after acquiring an additional 99 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Stock Performance

NYSE:TJX opened at $117.54 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The TJX Companies, Inc. has a twelve month low of $86.71 and a twelve month high of $121.13. The stock has a market cap of $132.84 billion, a P/E ratio of 29.17, a price-to-earnings-growth ratio of 2.96 and a beta of 0.89. The firm’s fifty day simple moving average is $113.18 and its 200 day simple moving average is $104.52.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Citigroup lowered TJX Companies from a “buy” rating to a “neutral” rating and raised their price target for the stock from $110.00 to $128.00 in a report on Thursday, August 22nd. BMO Capital Markets raised their target price on TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Robert W. Baird upped their price target on TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Barclays raised their price objective on shares of TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Finally, Loop Capital upped their target price on shares of TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $126.76.

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.