Waverly Advisors LLC lowered its stake in The TJX Companies, Inc. (NYSE:TJX – Free Report) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,783 shares of the apparel and home fashions retailer’s stock after selling 4,869 shares during the period. Waverly Advisors LLC’s holdings in TJX Companies were worth $9,966,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in TJX. Coston McIsaac & Partners lifted its position in TJX Companies by 11.3% during the 1st quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock worth $100,000 after acquiring an additional 64 shares during the period. Kohmann Bosshard Financial Services LLC increased its holdings in shares of TJX Companies by 11.0% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock valued at $106,000 after purchasing an additional 66 shares during the period. HBW Advisory Services LLC raised its stake in shares of TJX Companies by 5.1% in the second quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after purchasing an additional 66 shares during the last quarter. Hohimer Wealth Management LLC raised its stake in shares of TJX Companies by 1.2% in the fourth quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock worth $859,000 after purchasing an additional 66 shares during the last quarter. Finally, Verde Capital Management lifted its holdings in shares of TJX Companies by 0.7% during the fourth quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock worth $1,539,000 after purchasing an additional 67 shares during the period. 91.09% of the stock is owned by hedge funds and other institutional investors.
TJX Companies Stock Down 2.2%
TJX Companies stock opened at $126.05 on Thursday. The firm has a market cap of $138.65 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 2.32 and a beta of 0.60. The TJX Companies, Inc. has a 52 week low of $125.81 and a 52 week high of $170.00. The business’s 50-day moving average price is $148.67 and its 200 day moving average price is $154.75. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Sanford C. Bernstein reiterated an “outperform” rating and issued a $175.00 target price on shares of TJX Companies in a research report on Tuesday, August 25th. Truist Financial set a $190.00 price objective on shares of TJX Companies and gave the company a “buy” rating in a research note on Thursday, May 21st. Gordon Haskett reaffirmed an “accumulate” rating and issued a $155.00 price objective on shares of TJX Companies in a report on Thursday, August 20th. Evercore reiterated an “outperform” rating and issued a $173.00 price objective on shares of TJX Companies in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $171.63.
Read Our Latest Research Report on TJX Companies
About TJX Companies
The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women’s, men’s and children’s clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.
TJX operates through a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.
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