Mission Wealth Management LP grew its stake in TJX Companies Inc (NYSE:TJX) by 11.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,502 shares of the apparel and home fashions retailer’s stock after acquiring an additional 685 shares during the quarter. Mission Wealth Management LP’s holdings in TJX Companies were worth $362,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Independent Advisor Alliance grew its stake in TJX Companies by 25.9% during the 2nd quarter. Independent Advisor Alliance now owns 11,245 shares of the apparel and home fashions retailer’s stock valued at $569,000 after purchasing an additional 2,310 shares in the last quarter. Calamos Advisors LLC lifted its holdings in TJX Companies by 44.4% during the 2nd quarter. Calamos Advisors LLC now owns 607,145 shares of the apparel and home fashions retailer’s stock worth $30,697,000 after buying an additional 186,761 shares during the last quarter. MUFG Securities EMEA plc bought a new position in TJX Companies during the 2nd quarter worth approximately $21,842,000. Macquarie Group Ltd. lifted its holdings in TJX Companies by 62.4% during the 2nd quarter. Macquarie Group Ltd. now owns 178,128 shares of the apparel and home fashions retailer’s stock worth $9,005,000 after buying an additional 68,412 shares during the last quarter. Finally, Holocene Advisors LP lifted its holdings in TJX Companies by 31.4% during the 2nd quarter. Holocene Advisors LP now owns 3,145,018 shares of the apparel and home fashions retailer’s stock worth $159,012,000 after buying an additional 751,165 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Shares of TJX stock opened at $56.65 on Friday. TJX Companies Inc has a 1 year low of $32.72 and a 1 year high of $64.95. The stock has a market cap of $67.93 billion, a PE ratio of 99.39, a price-to-earnings-growth ratio of 29.19 and a beta of 0.74. The business’s fifty day moving average is $55.73 and its 200-day moving average is $52.34. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.02 and a current ratio of 1.51.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported ($0.18) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.08). The company had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.58 billion. TJX Companies had a return on equity of 13.62% and a net margin of 2.11%. The business’s revenue was down 31.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 earnings per share. Equities research analysts predict that TJX Companies Inc will post 0.18 earnings per share for the current year.

A number of research analysts have commented on TJX shares. Zacks Investment Research downgraded TJX Companies from a “hold” rating to a “sell” rating and set a $50.00 target price on the stock. in a report on Tuesday, August 18th. MKM Partners reduced their target price on TJX Companies from $68.00 to $64.00 in a report on Thursday, August 20th. UBS Group raised their price target on TJX Companies from $52.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Telsey Advisory Group raised their price target on TJX Companies from $64.00 to $68.00 and gave the stock an “outperform” rating in a report on Monday, August 17th. Finally, JPMorgan Chase & Co. raised their price target on TJX Companies from $63.00 to $66.00 and gave the stock an “overweight” rating in a report on Friday, September 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. TJX Companies presently has an average rating of “Buy” and an average price target of $63.81.

In related news, EVP Kenneth Canestrari sold 22,200 shares of TJX Companies stock in a transaction on Monday, August 31st. The stock was sold at an average price of $55.55, for a total value of $1,233,210.00. Following the transaction, the executive vice president now directly owns 122,347 shares in the company, valued at approximately $6,796,375.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.18% of the company’s stock.

TJX Companies 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.

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

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