The TJX Companies, Inc. (NYSE:TJX) Shares Bought by Certuity LLC

Certuity LLC raised its position in The TJX Companies, Inc. (NYSE:TJX) by 658.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,952 shares of the apparel and home fashions retailer’s stock after purchasing an additional 22,532 shares during the period. Certuity LLC’s holdings in TJX Companies were worth $2,857,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Valued Wealth Advisors LLC boosted its holdings in 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 valued at $25,000 after purchasing an additional 177 shares in the last quarter. Richard W. Paul & Associates LLC purchased a new stake in shares of TJX Companies during the 2nd quarter worth approximately $25,000. Frazier Financial Advisors LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $27,000. First Pacific Financial purchased a new position in shares of TJX Companies in the 1st quarter valued at $29,000. Finally, OFI Invest Asset Management acquired a new stake in TJX Companies during the 1st quarter worth $30,000. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Trading 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 stock has a market capitalization of $130.67 billion, a P/E ratio of 28.69, a P/E/G ratio of 2.97 and a beta of 0.89. The TJX Companies, Inc. has a 52-week low of $86.71 and a 52-week high of $121.13. The firm has a 50-day moving average price of $113.58 and a 200 day moving average price of $104.88.

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Bank of America upped their price objective on shares of TJX Companies from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft set a $114.00 price target on TJX Companies in a research note on Tuesday, May 21st. Telsey Advisory Group reiterated an “outperform” rating and issued a $128.00 price objective on shares of TJX Companies in a research note on Wednesday, August 21st. Loop Capital raised their target price on shares of TJX Companies from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Finally, Barclays upped their price target on shares of TJX Companies from $114.00 to $136.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.76.

TJX Companies Company 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.