Ns Partners Ltd Lowers stake in TJX Companies Inc (TJX)

TJX Companies Inc (TJX) : Ns Partners Ltd reduced its stake in TJX Companies Inc by 9.74% during the most recent quarter end. The investment management company now holds a total of 130,484 shares of TJX Companies Inc which is valued at $10,813,209 after selling 14,078 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.TJX Companies Inc makes up approximately 1.77% of Ns Partners Ltd’s portfolio.

Other Hedge Funds, Including , Petrus Trust Company Lta reduced its stake in TJX by selling 1,200 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 191,837 shares of TJX which is valued at $15,897,532. TJX Companies Inc makes up approx 3.45% of Petrus Trust Company Lta’s portfolio.Buckingham Capital Management reduced its stake in TJX by selling 200 shares or 6.84% in the most recent quarter. The Hedge Fund company now holds 2,725 shares of TJX which is valued at $225,821. TJX Companies Inc makes up approx 0.06% of Buckingham Capital Management’s portfolio. Pacad Investment Ltd. sold out all of its stake in TJX during the most recent quarter. The investment firm sold 15,830 shares of TJX which is valued $1,311,832.Fieldpoint Private Advisors Inc boosted its stake in TJX in the latest quarter, The investment management firm added 940 additional shares and now holds a total of 10,115 shares of TJX Companies Inc which is valued at $829,228. TJX Companies Inc makes up approx 0.54% of Fieldpoint Private Advisors Inc’s portfolio.Swiss National Bank boosted its stake in TJX in the latest quarter, The investment management firm added 133,400 additional shares and now holds a total of 2,429,621 shares of TJX Companies Inc which is valued at $196,094,711. TJX Companies Inc makes up approx 0.31% of Swiss National Bank’s portfolio.

TJX Companies Inc opened for trading at $77.64 and hit $77.84 on the upside on Thursday, eventually ending the session at $77.73, with a gain of 0.37% or 0.29 points. The heightened volatility saw the trading volume jump to 34,11,835 shares. Company has a market cap of $51,041 M.

On the company’s financial health, TJX Companies Inc reported $0.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 16, 2016. Analyst had a consensus of $0.81. The company had revenue of $7882.00 million for the quarter, compared to analysts expectations of $7842.87 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.

Many Wall Street Analysts have commented on TJX Companies Inc. Company shares were Reiterated by Wedbush on Aug 17, 2016 to “Outperform”, Firm has raised the Price Target to $ 84 from a previous price target of $82 .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.

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