Oxbow Advisors LLC Sells 180 Shares of The TJX Companies, Inc. (NYSE:TJX)

Oxbow Advisors LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,468 shares of the apparel and home fashions retailer’s stock after selling 180 shares during the period. Oxbow Advisors LLC’s holdings in TJX Companies were worth $272,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TJX. Running Oak Capital LLC raised its position in shares of TJX Companies by 10.9% in the first quarter. Running Oak Capital LLC now owns 111,987 shares of the apparel and home fashions retailer’s stock valued at $11,358,000 after purchasing an additional 11,036 shares during the period. New Mexico Educational Retirement Board boosted its holdings in shares of TJX Companies by 15.9% in the first quarter. New Mexico Educational Retirement Board now owns 69,380 shares of the apparel and home fashions retailer’s stock worth $7,037,000 after acquiring an additional 9,500 shares during the period. Options Solutions LLC purchased a new stake in shares of TJX Companies in the fourth quarter worth about $726,000. Advisors Capital Management LLC boosted its position in shares of TJX Companies by 3.7% in the first quarter. Advisors Capital Management LLC now owns 572,324 shares of the apparel and home fashions retailer’s stock valued at $58,045,000 after acquiring an additional 20,629 shares during the period. Finally, McKinley Carter Wealth Services Inc. grew its stake in TJX Companies by 10.6% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 82,849 shares of the apparel and home fashions retailer’s stock valued at $7,772,000 after acquiring an additional 7,924 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Price Performance

Shares of TJX Companies stock opened at $115.62 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21. The TJX Companies, Inc. has a 52-week low of $86.71 and a 52-week high of $121.13. The company has a fifty day moving average of $113.58 and a 200-day moving average of $104.88. The stock has a market capitalization of $130.67 billion, a price-to-earnings ratio of 28.69, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The business had revenue of $13.47 billion during the quarter, compared to analyst estimates of $13.31 billion. During the same period in the prior year, the business posted $0.85 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. Equities research analysts expect that The TJX Companies, Inc. will post 4.15 EPS for the current year.

Analysts Set New Price Targets

TJX has been the topic of several recent analyst reports. Evercore ISI increased their target price on shares of TJX Companies from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, August 19th. Bank of America increased their price objective on TJX Companies from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Deutsche Bank Aktiengesellschaft set a $114.00 price objective on TJX Companies in a research note on Tuesday, May 21st. StockNews.com lowered TJX Companies from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Sanford C. Bernstein lifted their price target on TJX Companies from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Thursday, May 23rd. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $126.76.

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.