Fort Washington Investment Advisors Inc. OH trimmed its position in shares of The TJX Companies, Inc. (NYSE:TJX) by 68.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,623 shares of the apparel and home fashions retailer’s stock after selling 136,999 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in The TJX Companies were worth $3,541,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. MAI Capital Management grew its stake in The TJX Companies by 18.6% during the third quarter. MAI Capital Management now owns 11,699 shares of the apparel and home fashions retailer’s stock worth $651,000 after buying an additional 1,838 shares during the last quarter. Davy Global Fund Management Ltd grew its stake in shares of The TJX Companies by 26.4% during the third quarter. Davy Global Fund Management Ltd now owns 59,175 shares of the apparel and home fashions retailer’s stock valued at $3,293,000 after purchasing an additional 12,376 shares during the last quarter. Independent Advisor Alliance grew its stake in shares of The TJX Companies by 25.9% during the second quarter. Independent Advisor Alliance now owns 11,245 shares of the apparel and home fashions retailer’s stock valued at $569,000 after purchasing an additional 2,310 shares during the last quarter. Calamos Advisors LLC grew its stake in shares of The TJX Companies by 44.4% during the second quarter. Calamos Advisors LLC now owns 607,145 shares of the apparel and home fashions retailer’s stock valued at $30,697,000 after purchasing an additional 186,761 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of The TJX Companies during the second quarter valued at approximately $21,842,000. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently commented on the stock. Jefferies Financial Group increased their price target on shares of The TJX Companies from $67.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America reissued a “buy” rating and set a $70.00 price target on shares of The TJX Companies in a research note on Tuesday, November 10th. Morgan Stanley increased their price target on shares of The TJX Companies from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday. Telsey Advisory Group increased their price target on shares of The TJX Companies from $64.00 to $68.00 and gave the company an “outperform” rating in a research note on Monday, August 17th. Finally, Robert W. Baird increased their price target on shares of The TJX Companies from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday. Three research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The TJX Companies presently has an average rating of “Buy” and a consensus price target of $68.04.

In other news, EVP Kenneth Canestrari sold 22,200 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $55.55, for a total transaction of $1,233,210.00. Following the completion of the sale, the executive vice president now owns 122,347 shares of the company’s stock, valued at $6,796,375.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael F. Hines sold 20,000 shares of the stock in a transaction on Thursday, November 19th. The stock was sold at an average price of $61.79, for a total transaction of $1,235,800.00. The disclosure for this sale can be found here. Company insiders own 0.18% of the company’s stock.

TJX opened at $60.68 on Friday. The firm’s fifty day moving average is $56.70 and its two-hundred day moving average is $53.95. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.02 and a current ratio of 1.51. The firm has a market cap of $72.76 billion, a PE ratio of 106.46, a price-to-earnings-growth ratio of 29.72 and a beta of 0.73. The TJX Companies, Inc. has a twelve month low of $32.72 and a twelve month high of $65.14.

The TJX Companies (NYSE:TJX) last posted its earnings results on Tuesday, November 17th. The apparel and home fashions retailer reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.31. The TJX Companies had a net margin of 2.11% and a return on equity of 13.62%. During the same period last year, the firm earned $0.68 EPS. Equities analysts forecast that The TJX Companies, Inc. will post 0.18 EPS for the current fiscal year.

The TJX Companies Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; fine jewelry and accessories; and other merchandise.

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Institutional Ownership by Quarter for The TJX Companies (NYSE:TJX)

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