Endurance Wealth Management Inc. lifted its stake in shares of TJX Companies Inc (NYSE:TJX) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,943 shares of the apparel and home fashions retailer’s stock after acquiring an additional 1,600 shares during the quarter. Endurance Wealth Management Inc.’s holdings in TJX Companies were worth $2,483,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sugarloaf Wealth Management LLC purchased a new position in shares of TJX Companies during the fourth quarter worth approximately $28,000. FSA Wealth Management LLC purchased a new position in shares of TJX Companies during the fourth quarter worth approximately $29,000. Lion Street Advisors LLC purchased a new position in shares of TJX Companies during the first quarter worth approximately $29,000. Solstein Capital LLC purchased a new position in shares of TJX Companies during the fourth quarter worth approximately $31,000. Finally, Westside Investment Management Inc. purchased a new position in shares of TJX Companies during the first quarter worth approximately $33,000. 88.45% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:TJX traded down $0.89 on Friday, hitting $53.41. 13,418,907 shares of the company were exchanged, compared to its average volume of 11,063,555. TJX Companies Inc has a 1-year low of $32.72 and a 1-year high of $64.95. The stock’s 50 day moving average price is $47.52 and its 200 day moving average price is $55.87. The company has a current ratio of 2.20, a quick ratio of 0.56 and a debt-to-equity ratio of 3.19. The firm has a market capitalization of $65.04 billion, a P/E ratio of 38.99, a price-to-earnings-growth ratio of 4.03 and a beta of 0.70.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Thursday, May 21st. The apparel and home fashions retailer reported ($0.74) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.56). TJX Companies had a return on equity of 31.29% and a net margin of 4.57%. The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.92 billion. During the same quarter in the previous year, the firm posted $0.57 earnings per share. The company’s quarterly revenue was down 52.5% on a year-over-year basis. On average, equities analysts predict that TJX Companies Inc will post 1.28 EPS for the current fiscal year.

A number of equities analysts have recently commented on TJX shares. Telsey Advisory Group raised their target price on shares of TJX Companies from $68.00 to $72.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th. Cfra raised their target price on shares of TJX Companies from $60.00 to $65.00 and gave the stock a “strong-buy” rating in a research report on Thursday. UBS Group dropped their price objective on shares of TJX Companies from $68.00 to $48.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Loop Capital dropped their price objective on shares of TJX Companies from $72.00 to $60.00 in a research note on Friday. Finally, Nomura Instinet increased their price objective on shares of TJX Companies from $59.00 to $60.00 and gave the company a “buy” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $64.04.

TJX Companies Company Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise.

Featured Article: How to Invest in the Dividend Aristocrat Index

Want to see what other hedge funds are holding TJX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TJX Companies Inc (NYSE:TJX).

Institutional Ownership by Quarter for TJX Companies (NYSE:TJX)

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.