TJX Companies Inc (TJX) : Ithaka Group scooped up 3,540 additional shares in TJX Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 232,459 shares of TJX Companies Inc which is valued at $16.9 Million.TJX Companies Inc makes up approximately 2.45% of Ithaka Group’s portfolio.
Other Hedge Funds, Including , Park Avenue Institutional Advisers reduced its stake in TJX by selling 119 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 4,218 shares of TJX which is valued at $306,564. TJX Companies Inc makes up approx 0.27% of Park Avenue Institutional Advisers’s portfolio.Old Mutual Customised Solutions (proprietary) Ltd reduced its stake in TJX by selling 2,700 shares or 56.25% in the most recent quarter. The Hedge Fund company now holds 2,100 shares of TJX which is valued at $152,628. TJX Companies Inc makes up approx 0.04% of Old Mutual Customised Solutions (proprietary) Ltd’s portfolio.Baillie Gifford Co boosted its stake in TJX in the latest quarter, The investment management firm added 35,080 additional shares and now holds a total of 309,243 shares of TJX Companies Inc which is valued at $23.7 Million. TJX Companies Inc makes up approx 0.04% of Baillie Gifford Co’s portfolio.Sawgrass Asset Management boosted its stake in TJX in the latest quarter, The investment management firm added 29,480 additional shares and now holds a total of 587,434 shares of TJX Companies Inc which is valued at $44.5 Million. TJX Companies Inc makes up approx 2.10% of Sawgrass Asset Management’s portfolio.
TJX Companies Inc closed down -0.36 points or -0.47% at $75.44 with 35,74,638 shares getting traded on Friday. Post opening the session at $75.27, the shares hit an intraday low of $74.93 and an intraday high of $75.82 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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 .Shares were Reiterated by Wolfe Research on Feb 25, 2016 to “Outperform” and Lowered the Price Target to $ 80 from a previous price target of $82 .Shares were Reiterated by Telsey Advisory Group on Feb 25, 2016 to “Market Perform” and Lowered the Price Target to $ 78 from a previous price target of $79 .
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.