The TJX Companies, Inc. (NYSE:TJX) Position Decreased by Moody National Bank Trust Division

Moody National Bank Trust Division decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX – Get Rating) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,758 shares of the apparel and home fashions retailer’s stock after selling 1,470 shares during the period. Moody National Bank Trust Division’s holdings in TJX Companies were worth $1,891,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of TJX Companies by 1.1% in the third quarter. Vanguard Group Inc. now owns 90,731,283 shares of the apparel and home fashions retailer’s stock worth $5,636,227,000 after buying an additional 969,555 shares during the period. State Street Corp boosted its holdings in shares of TJX Companies by 0.5% in the third quarter. State Street Corp now owns 45,499,316 shares of the apparel and home fashions retailer’s stock worth $2,826,418,000 after buying an additional 211,382 shares during the period. FMR LLC boosted its holdings in shares of TJX Companies by 22.0% in the second quarter. FMR LLC now owns 32,148,799 shares of the apparel and home fashions retailer’s stock worth $1,795,510,000 after buying an additional 5,804,572 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of TJX Companies by 25.1% in the second quarter. Price T Rowe Associates Inc. MD now owns 20,320,455 shares of the apparel and home fashions retailer’s stock worth $1,134,897,000 after buying an additional 4,081,241 shares during the period. Finally, Nuveen Asset Management LLC boosted its holdings in shares of TJX Companies by 3.3% in the third quarter. Nuveen Asset Management LLC now owns 13,934,979 shares of the apparel and home fashions retailer’s stock worth $865,641,000 after buying an additional 442,513 shares during the period. Institutional investors own 91.30% of the company’s stock.

Analyst Ratings Changes

TJX has been the subject of several recent analyst reports. Robert W. Baird raised their target price on shares of TJX Companies from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Thursday, February 23rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $95.00 target price on shares of TJX Companies in a report on Thursday, February 23rd. JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday, February 6th. Morgan Stanley increased their price target on shares of TJX Companies from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, February 23rd. Finally, Cowen increased their price target on shares of TJX Companies from $84.00 to $85.00 in a research report on Tuesday, December 6th. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $86.07.

TJX Companies Stock Down 0.2 %

TJX traded down $0.12 during midday trading on Friday, hitting $74.48. 7,790,297 shares of the company’s stock traded hands, compared to its average volume of 5,472,806. The company has a market cap of $86.06 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.01 and a beta of 0.91. The stock’s fifty day simple moving average is $79.15 and its 200-day simple moving average is $74.28. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.21 and a quick ratio of 0.64. The TJX Companies, Inc. has a one year low of $53.69 and a one year high of $83.13.

TJX Companies (NYSE:TJX – Get Rating) last issued its quarterly earnings data on Wednesday, February 22nd. The apparel and home fashions retailer reported $0.89 earnings per share for the quarter, meeting the consensus estimate of $0.89. The firm had revenue of $14.52 billion for the quarter, compared to analyst estimates of $14.07 billion. TJX Companies had a net margin of 7.00% and a return on equity of 63.68%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 earnings per share. As a group, equities analysts anticipate that The TJX Companies, Inc. will post 3.51 earnings per share for the current fiscal year.

TJX Companies Company Profile

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The TJX Cos., Inc engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments.