Baldwin Brothers Inc. MA Decreases Holdings in TJX Companies Inc (NYSE:TJX)

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Baldwin Brothers Inc. MA decreased its position in shares of TJX Companies Inc (NYSE:TJX) by 1.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,505 shares of the apparel and home fashions retailer’s stock after selling 3,055 shares during the period. TJX Companies accounts for 1.2% of Baldwin Brothers Inc. MA’s holdings, making the stock its 26th biggest position. Baldwin Brothers Inc. MA’s holdings in TJX Companies were worth $8,654,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Newman Dignan & Sheerar Inc. lifted its position in TJX Companies by 1.5% during the third quarter. Newman Dignan & Sheerar Inc. now owns 11,934 shares of the apparel and home fashions retailer’s stock valued at $664,000 after acquiring an additional 175 shares during the last quarter. Roman Butler Fullerton & Co. lifted its position in TJX Companies by 4.2% during the second quarter. Roman Butler Fullerton & Co. now owns 4,982 shares of the apparel and home fashions retailer’s stock valued at $252,000 after acquiring an additional 200 shares during the last quarter. Shelton Capital Management lifted its position in TJX Companies by 1.8% during the second quarter. Shelton Capital Management now owns 11,342 shares of the apparel and home fashions retailer’s stock valued at $573,000 after acquiring an additional 204 shares during the last quarter. Joel Isaacson & Co. LLC raised its holdings in shares of TJX Companies by 3.8% in the second quarter. Joel Isaacson & Co. LLC now owns 6,001 shares of the apparel and home fashions retailer’s stock worth $303,000 after buying an additional 221 shares during the last quarter. Finally, Donaldson Capital Management LLC raised its holdings in shares of TJX Companies by 1.6% in the second quarter. Donaldson Capital Management LLC now owns 13,746 shares of the apparel and home fashions retailer’s stock worth $695,000 after buying an additional 223 shares during the last quarter. 89.96% of the stock is owned by institutional investors.

In related news, EVP Kenneth Canestrari sold 22,200 shares of the firm’s 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 sale, the executive vice president now owns 122,347 shares in the company, valued at $6,796,375.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.18% of the stock is currently owned by company insiders.

TJX has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of TJX Companies from a “hold” rating to a “sell” rating and set a $50.00 price target for the company. in a report on Tuesday, August 18th. Telsey Advisory Group raised their price target on shares of TJX Companies from $64.00 to $68.00 and gave the stock an “outperform” rating in a report on Monday, August 17th. JPMorgan Chase & Co. raised their price target on shares of TJX Companies from $63.00 to $66.00 and gave the stock an “overweight” rating in a report on Friday, September 18th. UBS Group raised their price target on shares of TJX Companies from $52.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Finally, MKM Partners decreased their price target on shares of TJX Companies from $68.00 to $64.00 in a report on Thursday, August 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $63.81.

TJX stock traded down $0.76 during midday trading on Friday, hitting $56.65. 6,839,281 shares of the stock traded hands, compared to its average volume of 8,306,869. The firm has a market cap of $67.93 billion, a P/E ratio of 99.39, a PEG ratio of 29.19 and a beta of 0.74. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.51 and a quick ratio of 1.02. The stock’s fifty day simple moving average is $55.73 and its 200-day simple moving average is $52.34. TJX Companies Inc has a 1-year low of $32.72 and a 1-year high of $64.95.

TJX Companies (NYSE:TJX) last released its quarterly earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.08). The firm had revenue of $6.67 billion for the quarter, compared to analyst estimates of $6.58 billion. TJX Companies had a net margin of 2.11% and a return on equity of 13.62%. The firm’s quarterly revenue was down 31.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.62 EPS. On average, research analysts predict that TJX Companies Inc will post 0.18 earnings per share for the current year.

TJX Companies Profile

The TJX Companies, Inc 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; jewelry and accessories; footwear; and other merchandise.

Further Reading: Outstanding Shares, Buying and Selling Stocks

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

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