Corient Private Wealth LLC Trims Position in The TJX Companies, Inc. (NYSE:TJX)

Corient Private Wealth LLC reduced its position in The TJX Companies, Inc. (NYSE:TJX) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,327,007 shares of the apparel and home fashions retailer’s stock after selling 48,532 shares during the quarter. Corient Private Wealth LLC’s holdings in TJX Companies were worth $280,749,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in TJX. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in TJX Companies by 1.7% in the 4th 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 worth $603,000 after acquiring an additional 84 shares during the period. Nwam LLC lifted its position in shares of TJX Companies by 2.0% during the fourth quarter. Nwam LLC now owns 4,338 shares of the apparel and home fashions retailer’s stock worth $524,000 after purchasing an additional 84 shares in the last quarter. Hartford Funds Management Co LLC boosted its stake in shares of TJX Companies by 0.5% in the third quarter. Hartford Funds Management Co LLC now owns 17,926 shares of the apparel and home fashions retailer’s stock valued at $2,107,000 after purchasing an additional 86 shares during the period. Signature Estate & Investment Advisors LLC grew its holdings in TJX Companies by 3.4% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,706 shares of the apparel and home fashions retailer’s stock valued at $318,000 after purchasing an additional 90 shares in the last quarter. Finally, Hamilton Capital LLC increased its stake in TJX Companies by 3.9% during the 3rd quarter. Hamilton Capital LLC now owns 2,413 shares of the apparel and home fashions retailer’s stock worth $273,000 after buying an additional 90 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the business’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 transaction of $988,240.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 transaction of $2,882,346.84. Following the sale, the chief executive officer now owns 484,189 shares in the company, valued at $59,569,772.67. This represents a 4.62 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Up 0.4 %

TJX stock opened at $113.27 on Friday. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The firm has a market cap of $127.34 billion, a PE ratio of 26.65, a P/E/G ratio of 2.75 and a beta of 0.96. The firm has a 50 day simple moving average of $122.18 and a 200 day simple moving average of $120.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50.

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TJX. Barclays upped their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their price objective on 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 lowered TJX Companies from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. TD Cowen lifted their price target on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, Morgan Stanley upped their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.06.

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.