TJX Companies Inc (TJX) : Bailard added new position in TJX Companies Inc during the most recent quarter end. The investment management firm now holds 38,717 shares of TJX Companies Inc which is valued at $3,191,442 , the company said in a statement filed on Aug 8, 2016 with the SEC.TJX Companies Inc makes up approximately 0.37% of Bailard’s portfolio.
Other Hedge Funds, Including , Advisors Asset Management reduced its stake in TJX by selling 12,720 shares or 20.12% in the most recent quarter. The Hedge Fund company now holds 50,492 shares of TJX which is valued at $4,162,056. TJX Companies Inc makes up approx 0.07% of Advisors Asset Management’s portfolio.Fort Pitt Capital Group reduced its stake in TJX by selling 400 shares or 10.57% in the most recent quarter. The Hedge Fund company now holds 3,385 shares of TJX which is valued at $273,203. TJX Companies Inc makes up approx 0.03% of Fort Pitt Capital Group’s portfolio.First Western Capital Management Co reduced its stake in TJX by selling 3,136 shares or 4.39% in the most recent quarter. The Hedge Fund company now holds 68,299 shares of TJX which is valued at $5,337,567. TJX Companies Inc makes up approx 1.90% of First Western Capital Management Co’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.