Hills Bank & Trust Co Has $4.76 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Hills Bank & Trust Co lowered its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,394 shares of the apparel and home fashions retailer’s stock after selling 1,005 shares during the quarter. Hills Bank & Trust Co’s holdings in TJX Companies were worth $4,759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Capital Management Group LLC lifted its position in TJX Companies by 42.9% in the 3rd quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock valued at $27,208,000 after acquiring an additional 69,489 shares in the last quarter. Zions Bancorporation N.A. lifted its holdings in shares of TJX Companies by 18.8% in the third quarter. Zions Bancorporation N.A. now owns 15,327 shares of the apparel and home fashions retailer’s stock valued at $1,802,000 after purchasing an additional 2,425 shares in the last quarter. Balboa Wealth Partners boosted its position in shares of TJX Companies by 41.5% during the third quarter. Balboa Wealth Partners now owns 2,784 shares of the apparel and home fashions retailer’s stock valued at $327,000 after buying an additional 817 shares during the last quarter. CIBC Asset Management Inc grew its holdings in TJX Companies by 20.7% during the third quarter. CIBC Asset Management Inc now owns 235,688 shares of the apparel and home fashions retailer’s stock worth $27,703,000 after buying an additional 40,451 shares in the last quarter. Finally, First Business Financial Services Inc. raised its position in TJX Companies by 2.4% in the 3rd quarter. First Business Financial Services Inc. now owns 19,483 shares of the apparel and home fashions retailer’s stock valued at $2,290,000 after buying an additional 456 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on TJX. Telsey Advisory Group reaffirmed an “outperform” rating and set a $145.00 price objective on shares of TJX Companies in a report on Thursday, February 27th. TD Cowen upped their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Evercore ISI lifted their target price on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. UBS Group boosted their target price on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Robert W. Baird increased their price target on TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $135.06.

Insider Transactions at TJX Companies

In other TJX Companies news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the transaction, the chief executive officer now owns 484,189 shares of the company’s stock, valued at $59,569,772.67. This trade represents a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Price Performance

NYSE TJX opened at $113.27 on Friday. The company has a market cap of $127.34 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 2.75 and a beta of 0.96. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $122.18 and its two-hundred day simple moving average is $120.20. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings results on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The company had revenue of $16.35 billion for the quarter, compared to analysts’ expectations of $16.24 billion. Research analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. 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, and gourmet food departments; jewelry and accessories; and other merchandise.