Segall Bryant & Hamill LLC Sells 19,775 Shares of The TJX Companies, Inc. (NYSE:TJX)

Segall Bryant & Hamill LLC cut its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 268,357 shares of the apparel and home fashions retailer’s stock after selling 19,775 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in TJX Companies were worth $32,420,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in TJX Companies by 1.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,987 shares of the apparel and home fashions retailer’s stock valued at $603,000 after acquiring an additional 84 shares during the last quarter. Nwam LLC grew its holdings in shares of TJX Companies by 2.0% during the 4th quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer’s stock valued at $524,000 after purchasing an additional 84 shares during the last quarter. One Charles Private Wealth Services LLC raised its position in TJX Companies by 5.0% in the 4th quarter. One Charles Private Wealth Services LLC now owns 1,805 shares of the apparel and home fashions retailer’s stock worth $218,000 after purchasing an additional 86 shares during the period. Hamilton Capital LLC lifted its stake in TJX Companies by 3.9% in the third quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after purchasing an additional 90 shares during the last quarter. Finally, Breakwater Capital Group boosted its position in TJX Companies by 1.2% during the fourth quarter. Breakwater Capital Group now owns 7,696 shares of the apparel and home fashions retailer’s stock valued at $930,000 after buying an additional 91 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

TJX Companies Price Performance

Shares of NYSE TJX opened at $119.64 on Tuesday. 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 company has a 50 day simple moving average of $121.68 and a two-hundred day simple moving average of $120.16. The TJX Companies, Inc. has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The company has a market capitalization of $134.49 billion, a price-to-earnings ratio of 28.15, a P/E/G ratio of 2.75 and a beta of 0.96.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The business had revenue of $16.35 billion during the quarter, compared to analysts’ expectations of $16.24 billion. Analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

TJX has been the subject of a number of recent research reports. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 target price on shares of TJX Companies in a research note on Thursday, February 27th. BMO Capital Markets lifted their target price 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. Guggenheim increased their price target on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Jefferies Financial Group upped their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Robert W. Baird raised their target price on TJX Companies from $138.00 to $140.00 and gave the stock an “outperform” rating in a research note 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. According to MarketBeat, TJX Companies has a consensus rating of “Moderate Buy” and an average target price 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.