Fox Run Management L.L.C. Raises Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Fox Run Management L.L.C. increased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 117.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,441 shares of the apparel and home fashions retailer’s stock after purchasing an additional 5,650 shares during the period. Fox Run Management L.L.C.’s holdings in TJX Companies were worth $1,261,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Howard Capital Management Group LLC grew its position in TJX Companies by 42.9% in the third quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after acquiring an additional 69,489 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of TJX Companies by 2.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 114,416 shares of the apparel and home fashions retailer’s stock valued at $13,448,000 after purchasing an additional 3,258 shares during the last quarter. King Luther Capital Management Corp raised its holdings in TJX Companies by 12.3% during the 3rd quarter. King Luther Capital Management Corp now owns 46,903 shares of the apparel and home fashions retailer’s stock valued at $5,513,000 after buying an additional 5,132 shares during the period. Intech Investment Management LLC lifted its position in TJX Companies by 16.6% in the third quarter. Intech Investment Management LLC now owns 45,386 shares of the apparel and home fashions retailer’s stock worth $5,335,000 after buying an additional 6,477 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in TJX Companies by 3.9% during the third quarter. LPL Financial LLC now owns 875,211 shares of the apparel and home fashions retailer’s stock worth $102,872,000 after buying an additional 32,806 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Guggenheim increased their target price on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a research note on Thursday, February 27th. UBS Group upped their target price on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Barclays raised their price target on TJX Companies from $136.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, February 27th. Finally, Jefferies Financial Group upped their price objective on TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $135.06.

TJX Companies Trading Down 0.1 %

TJX opened at $116.09 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The firm has a market cap of $130.51 billion, a price-to-earnings ratio of 27.32, a PEG ratio of 2.75 and a beta of 0.96. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The stock has a fifty day moving average price of $121.69 and a 200-day moving average price of $120.12.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating the consensus estimate of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business had revenue of $16.35 billion during the quarter, compared to analyst estimates of $16.24 billion. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

Insider Buying and Selling at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $123.03, for a total value of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares in the company, valued at approximately $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.13% of the stock is owned by insiders.

TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. 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, and gourmet food departments; jewelry and accessories; and other merchandise.