Achmea Investment Management B.V. Has $40.69 Million Position in The TJX Companies, Inc. (NYSE:TJX)

Achmea Investment Management B.V. boosted its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 336,804 shares of the apparel and home fashions retailer’s stock after purchasing an additional 1,268 shares during the quarter. TJX Companies comprises approximately 0.7% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 29th largest holding. Achmea Investment Management B.V.’s holdings in TJX Companies were worth $40,689,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TJX. State Street Corp boosted its holdings in TJX Companies by 1.0% during the 3rd quarter. State Street Corp now owns 47,556,435 shares of the apparel and home fashions retailer’s stock worth $5,589,783,000 after acquiring an additional 469,287 shares during the last quarter. Geode Capital Management LLC boosted its holdings in TJX Companies by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer’s stock worth $2,795,121,000 after acquiring an additional 363,707 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in TJX Companies by 7.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,182,564 shares of the apparel and home fashions retailer’s stock worth $1,079,319,000 after acquiring an additional 643,833 shares during the last quarter. Franklin Resources Inc. boosted its holdings in TJX Companies by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 7,271,499 shares of the apparel and home fashions retailer’s stock worth $837,951,000 after acquiring an additional 657,529 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in TJX Companies by 13.3% during the 4th quarter. Nordea Investment Management AB now owns 7,031,237 shares of the apparel and home fashions retailer’s stock worth $850,428,000 after acquiring an additional 827,103 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Down 0.7 %

Shares of TJX Companies stock opened at $115.34 on Thursday. The stock’s 50-day simple moving average is $122.50 and its 200 day simple moving average is $120.30. The TJX Companies, Inc. has a 52-week low of $92.35 and a 52-week high of $128.00. The stock has a market capitalization of $129.66 billion, a P/E ratio of 27.14, a P/E/G ratio of 2.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on TJX shares. Jefferies Financial Group lifted their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group boosted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a report on Friday, January 10th. TD Cowen boosted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, StockNews.com downgraded shares of TJX Companies from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and an average target price of $135.06.

Insider Buying and Selling

In related news, Director Alan M. Bennett sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ernie Herrman sold 23,428 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the completion of the transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents 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.

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.