TJX Companies Inc (TJX) : Trust Investment Advisors reduced its stake in TJX Companies Inc by 5.78% during the most recent quarter end. The investment management company now holds a total of 21,190 shares of TJX Companies Inc which is valued at $1,746,692 after selling 1,300 shares in TJX Companies Inc , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.TJX Companies Inc makes up approximately 1.94% of Trust Investment Advisors’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Investment Partners S.a. reduced its stake in TJX by selling 51,536 shares or 14.05% in the most recent quarter. The Hedge Fund company now holds 315,233 shares of TJX which is valued at $25,984,656. TJX Companies Inc makes up approx 0.22% of Bnp Paribas Investment Partners S.a.’s portfolio.Migdal Insurance Financial Holdings Ltd. reduced its stake in TJX by selling 360 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 237,120 shares of TJX which is valued at $19,137,955. TJX Companies Inc makes up approx 0.51% of Migdal Insurance Financial Holdings Ltd.’s portfolio.Welch Forbes boosted its stake in TJX in the latest quarter, The investment management firm added 16,067 additional shares and now holds a total of 356,143 shares of TJX Companies Inc which is valued at $28,744,302. TJX Companies Inc makes up approx 0.85% of Welch Forbes’s portfolio.Woodley Farra Manion Portfolio Management Inc reduced its stake in TJX by selling 1,556 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 336,026 shares of TJX which is valued at $26,771,191. TJX Companies Inc makes up approx 4.05% of Woodley Farra Manion Portfolio Management Inc’s portfolio.Vontobel Asset Management Inc reduced its stake in TJX by selling 178,375 shares or 7.54% in the most recent quarter. The Hedge Fund company now holds 2,186,290 shares of TJX which is valued at $170,858,564. TJX Companies Inc makes up approx 1.40% of Vontobel Asset Management 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.