The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC increased its position in The TJX Companies, Inc. (NYSE:TJX) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,374 shares of the apparel and home fashions retailer’s stock after acquiring an additional 102 shares during the period. Angeles Investment Advisors LLC’s holdings in TJX Companies were worth $287,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bogart Wealth LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new position in TJX Companies in the 4th quarter worth approximately $26,000. Truvestments Capital LLC acquired a new stake in TJX Companies in the 3rd quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 3rd quarter valued at $30,000. Finally, SOA Wealth Advisors LLC. bought a new stake in TJX Companies during the 4th quarter valued at $30,000. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Down 0.1 %

Shares of NYSE TJX opened at $116.09 on Monday. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a market cap of $130.51 billion, a price-to-earnings ratio of 27.32, a P/E/G ratio of 2.75 and a beta of 0.96. The business has a fifty day simple moving average of $121.69 and a 200-day simple moving average of $120.15.

TJX Companies (NYSE:TJX) last posted 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 the consensus estimate of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $16.35 billion for the quarter, compared to the consensus estimate of $16.24 billion. Sell-side analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

Insider Activity

In other news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the company’s stock in a transaction on 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 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 disclosure for this sale can be found here. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TJX shares. Jefferies Financial Group raised their price target on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $145.00 price target on shares of TJX Companies in a research note on Thursday, February 27th. Wells Fargo & Company raised their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. StockNews.com cut TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Finally, UBS Group increased their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.06.

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.