Chartwell Investment Partners LLC Has $3.17 Million Stock Position in TJX Companies Inc (NYSE:TJX)

Chartwell Investment Partners LLC boosted its holdings in shares of TJX Companies Inc (NYSE:TJX) by 35.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,605 shares of the apparel and home fashions retailer’s stock after acquiring an additional 16,464 shares during the quarter. Chartwell Investment Partners LLC’s holdings in TJX Companies were worth $3,165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in TJX. Roman Butler Fullerton & Co. raised its stake in shares of TJX Companies by 4.2% during the 2nd quarter. Roman Butler Fullerton & Co. now owns 4,982 shares of the apparel and home fashions retailer’s stock worth $252,000 after purchasing an additional 200 shares in the last quarter. Kovack Advisors Inc. grew its stake in shares of TJX Companies by 1.8% in the first quarter. Kovack Advisors Inc. now owns 11,989 shares of the apparel and home fashions retailer’s stock worth $573,000 after acquiring an additional 209 shares during the last quarter. Joel Isaacson & Co. LLC increased its position in TJX Companies by 3.8% during the second quarter. Joel Isaacson & Co. LLC now owns 6,001 shares of the apparel and home fashions retailer’s stock worth $303,000 after acquiring an additional 221 shares during the period. Center for Financial Planning Inc. raised its stake in TJX Companies by 53.9% during the 1st quarter. Center for Financial Planning Inc. now owns 637 shares of the apparel and home fashions retailer’s stock valued at $30,000 after purchasing an additional 223 shares during the last quarter. Finally, Donaldson Capital Management LLC boosted its holdings in TJX Companies by 1.6% in the 2nd quarter. Donaldson Capital Management LLC now owns 13,746 shares of the apparel and home fashions retailer’s stock valued at $695,000 after purchasing an additional 223 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

TJX Companies stock opened at $51.99 on Friday. The company’s 50 day simple moving average is $51.98 and its 200 day simple moving average is $53.29. TJX Companies Inc has a fifty-two week low of $32.72 and a fifty-two week high of $64.95. The firm has a market capitalization of $62.28 billion, a price-to-earnings ratio of 37.95, a PEG ratio of 8.19 and a beta of 0.72. The company has a debt-to-equity ratio of 3.19, a current ratio of 2.20 and a quick ratio of 1.15.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Thursday, May 21st. The apparel and home fashions retailer reported ($0.74) earnings per share for the quarter, missing the 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 firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.92 billion. During the same period in the previous year, the business earned $0.57 EPS. The firm’s revenue was down 52.5% compared to the same quarter last year. As a group, analysts predict that TJX Companies Inc will post 0.6 EPS for the current fiscal year.

In other news, Director Rosemary T. Berkery acquired 3,000 shares of TJX Companies stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of $55.30 per share, with a total value of $165,900.00. 0.18% of the stock is owned by company insiders.

TJX has been the subject of a number of research reports. Citigroup increased their price target on shares of TJX Companies from $57.00 to $63.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Credit Suisse Group increased their price target on shares of TJX Companies from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Robert W. Baird reduced their price target on shares of TJX Companies from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Atlantic Securities raised shares of TJX Companies from a “neutral” rating to an “overweight” rating and set a $60.00 price target for the company in a report on Wednesday, April 29th. Finally, Deutsche Bank reduced their price objective on shares of TJX Companies from $58.00 to $53.00 and set a “buy” rating for the company in a report on Monday, May 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $64.42.

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.

Further Reading: What is the 52-week high/low?

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.