Sivia Capital Partners LLC Sells 196 Shares of The TJX Companies, Inc. (NYSE:TJX)

Sivia Capital Partners LLC decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,096 shares of the apparel and home fashions retailer’s stock after selling 196 shares during the period. Sivia Capital Partners LLC’s holdings in TJX Companies were worth $341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of TJX. Valued Wealth Advisors LLC increased its stake in shares of TJX Companies by 260.3% in the first quarter. Valued Wealth Advisors LLC now owns 245 shares of the apparel and home fashions retailer’s stock worth $25,000 after purchasing an additional 177 shares in the last quarter. Richard W. Paul & Associates LLC purchased a new stake in TJX Companies in the 2nd quarter worth $25,000. Frazier Financial Advisors LLC bought a new stake in TJX Companies during the fourth quarter valued at about $27,000. First Pacific Financial purchased a new position in shares of TJX Companies in the first quarter valued at about $29,000. Finally, OFI Invest Asset Management bought a new position in shares of TJX Companies in the first quarter worth about $30,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

TJX Companies Stock Down 2.0 %

NYSE TJX opened at $115.62 on Friday. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The TJX Companies, Inc. has a 52 week low of $86.71 and a 52 week high of $121.13. The firm has a market capitalization of $130.67 billion, a price-to-earnings ratio of 28.69, a PEG ratio of 2.97 and a beta of 0.89. The company has a fifty day moving average of $113.58 and a two-hundred day moving average of $104.82.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $13.47 billion during the quarter, compared to analysts’ expectations of $13.31 billion. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 EPS. On average, analysts predict that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on TJX shares. TD Cowen boosted their price target on TJX Companies from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Jefferies Financial Group upped their target price on shares of TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Citigroup downgraded shares of TJX Companies from a “buy” rating to a “neutral” rating and lifted their price target for the company from $110.00 to $128.00 in a report on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft set a $114.00 price objective on shares of TJX Companies in a report on Tuesday, May 21st. Finally, BMO Capital Markets raised their price objective on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, TJX Companies presently has an average rating of “Moderate Buy” and a consensus price target of $126.76.

About TJX Companies

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.