The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Perigon Wealth Management LLC

Perigon Wealth Management LLC lessened its stake in The TJX Companies, Inc. (NYSE:TJX – Get Rating) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,571 shares of the apparel and home fashions retailer’s stock after selling 189 shares during the quarter. Perigon Wealth Management LLC’s holdings in TJX Companies were worth $346,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in TJX Companies by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 90,731,283 shares of the apparel and home fashions retailer’s stock worth $5,636,227,000 after purchasing an additional 969,555 shares during the period. State Street Corp raised its holdings in TJX Companies by 0.5% in the 3rd quarter. State Street Corp now owns 45,499,316 shares of the apparel and home fashions retailer’s stock worth $2,826,418,000 after purchasing an additional 211,382 shares during the period. FMR LLC raised its holdings in TJX Companies by 22.0% in the 2nd quarter. FMR LLC now owns 32,148,799 shares of the apparel and home fashions retailer’s stock worth $1,795,510,000 after purchasing an additional 5,804,572 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in TJX Companies by 25.1% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 20,320,455 shares of the apparel and home fashions retailer’s stock worth $1,134,897,000 after purchasing an additional 4,081,241 shares during the period. Finally, Nuveen Asset Management LLC raised its holdings in TJX Companies by 3.3% in the 3rd quarter. Nuveen Asset Management LLC now owns 13,934,979 shares of the apparel and home fashions retailer’s stock worth $865,641,000 after purchasing an additional 442,513 shares during the period. Institutional investors and hedge funds own 91.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TJX. Wells Fargo & Company upped their price target on TJX Companies from $74.00 to $78.00 and gave the stock an “equal weight” rating in a report on Thursday, December 1st. Credit Suisse Group increased their target price on TJX Companies from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, February 23rd. Telsey Advisory Group reissued an “outperform” rating and set a $95.00 target price on shares of TJX Companies in a report on Thursday, February 23rd. Morgan Stanley increased their target price on TJX Companies from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, February 23rd. Finally, Robert W. Baird increased their target price on TJX Companies from $88.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, February 23rd. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and an average target price of $86.07.

TJX Companies Trading Down 0.2 %

Shares of TJX Companies stock opened at $74.48 on Friday. The firm has a market capitalization of $86.06 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 2.01 and a beta of 0.91. The TJX Companies, Inc. has a fifty-two week low of $53.69 and a fifty-two week high of $83.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.64 and a current ratio of 1.21. The stock has a 50 day moving average of $79.15 and a 200 day moving average of $74.36.

TJX Companies (NYSE:TJX – Get Rating) last issued its quarterly earnings data on Wednesday, February 22nd. The apparel and home fashions retailer reported $0.89 earnings per share for the quarter, hitting the consensus estimate of $0.89. The company had revenue of $14.52 billion during the quarter, compared to analyst estimates of $14.07 billion. TJX Companies had a return on equity of 63.68% and a net margin of 7.00%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.78 earnings per share. As a group, research analysts predict that The TJX Companies, Inc. will post 3.51 earnings per share for the current year.

TJX Companies Profile

(Get Rating)

The TJX Cos., Inc engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments.