TJX Companies Inc (TJX) : Jackson Grant Investment Advisers scooped up 128 additional shares in TJX Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 14,990 shares of TJX Companies Inc which is valued at $1,130,096.TJX Companies Inc makes up approximately 1.00% of Jackson Grant Investment Advisers’s portfolio.
Other Hedge Funds, Including , Northstar Investment Advisors reduced its stake in TJX by selling 700 shares or 9.68% in the most recent quarter. The Hedge Fund company now holds 6,528 shares of TJX which is valued at $481,440. TJX Companies Inc makes up approx 0.11% of Northstar Investment Advisors’s portfolio.Eastern Bank boosted its stake in TJX in the latest quarter, The investment management firm added 184 additional shares and now holds a total of 15,472 shares of TJX Companies Inc which is valued at $1,148,487. TJX Companies Inc makes up approx 0.09% of Eastern Bank’s portfolio.
TJX Companies Inc opened for trading at $76.94 and hit $77.93 on the upside on Monday, eventually ending the session at $77.73, with a gain of 0.82% or 0.63 points. The heightened volatility saw the trading volume jump to 48,67,620 shares. Company has a market cap of $51,041 M.
On the company’s financial health, TJX Companies Inc reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Nov 15, 2016. Analyst had a consensus of $0.87. The company had revenue of $8291.70 million for the quarter, compared to analysts expectations of $8227.88 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.
Many Wall Street Analysts have commented on TJX Companies Inc. Company shares were Reiterated by Telsey Advisory Group on Nov 16, 2016 to “Market Perform”, Firm has raised the Price Target to $ 80 from a previous price target of $78 .Company shares were Reiterated by Wedbush on Nov 16, 2016 to “Outperform”, Firm has raised the Price Target to $ 85 from a previous price target of $84 .Shares were Reiterated by Stifel on Nov 16, 2016 to “Buy” and Lowered the Price Target to $ 86 from a previous price target of $92 .
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.