TJX Companies Inc (TJX) : Ardevora Asset Management Llp scooped up 48,600 additional shares in TJX Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 378,585 shares of TJX Companies Inc which is valued at $31,206,762.TJX Companies Inc makes up approximately 1.24% of Ardevora Asset Management Llp’s portfolio.
Other Hedge Funds, Including , Zevin Asset Management boosted its stake in TJX in the latest quarter, The investment management firm added 4,945 additional shares and now holds a total of 174,844 shares of TJX Companies Inc which is valued at $14,412,391. TJX Companies Inc makes up approx 3.86% of Zevin Asset Management’s portfolio. Intrust Bank Na added TJX to its portfolio by purchasing 4,845 company shares during the most recent quarter which is valued at $391,040. TJX Companies Inc makes up approx 0.15% of Intrust Bank Na’s portfolio.Boston Private Wealth reduced its stake in TJX by selling 17,741 shares or 8.62% in the most recent quarter. The Hedge Fund company now holds 188,114 shares of TJX which is valued at $15,182,681. TJX Companies Inc makes up approx 0.60% of Boston Private Wealth’s portfolio.Destination Wealth Management boosted its stake in TJX in the latest quarter, The investment management firm added 1,649 additional shares and now holds a total of 122,296 shares of TJX Companies Inc which is valued at $9,927,989. TJX Companies Inc makes up approx 0.80% of Destination Wealth Management’s portfolio.Ruane Cunniff Goldfarb Inc reduced its stake in TJX by selling 3,999,939 shares or 24.72% in the most recent quarter. The Hedge Fund company now holds 12,183,709 shares of TJX which is valued at $965,680,775. TJX Companies Inc makes up approx 8.92% of Ruane Cunniff Goldfarb Inc’s portfolio.
TJX Companies Inc closed down -0.1 points or -0.12% at $82.77 with 55,54,240 shares getting traded on Monday. Post opening the session at $83.64, the shares hit an intraday low of $82.395 and an intraday high of $83.64 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, TJX Companies Inc reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 17, 2016. Analyst had a consensus of $0.71. The company had revenue of $7542.40 million for the quarter, compared to analysts expectations of $7290.53 million. The company’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 EPS.
Many Wall Street Analysts have commented on TJX Companies Inc. Miller Tabak Initiated TJX Companies Inc on Jun 24, 2016 to “Buy”, Price Target of the shares are set at $91.Company shares were Reiterated by RBC Capital Mkts on May 18, 2016 to “Outperform”, Firm has raised the Price Target to $ 84 from a previous price target of $82 .
The TJX Companies Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx HomeGoods TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel home fashions accent furniture lamps rugs wall decor decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3461 stores in countries including the United States Canada the United Kingdom Ireland Germany Poland Austria and Australia.