Evernest Financial Advisors LLC Has $1.31 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

Evernest Financial Advisors LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 1.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,899 shares of the apparel and home fashions retailer’s stock after selling 146 shares during the period. Evernest Financial Advisors LLC’s holdings in TJX Companies were worth $1,310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TJX. Aveo Capital Partners LLC increased its stake in shares of TJX Companies by 6.0% in the 4th quarter. Aveo Capital Partners LLC now owns 3,568 shares of the apparel and home fashions retailer’s stock valued at $335,000 after acquiring an additional 203 shares in the last quarter. 9258 Wealth Management LLC increased its holdings in shares of TJX Companies by 36.6% during the fourth quarter. 9258 Wealth Management LLC now owns 13,515 shares of the apparel and home fashions retailer’s stock valued at $1,268,000 after acquiring an additional 3,624 shares in the last quarter. Gryphon Financial Partners LLC raised its position in shares of TJX Companies by 35.9% during the fourth quarter. Gryphon Financial Partners LLC now owns 2,908 shares of the apparel and home fashions retailer’s stock worth $249,000 after purchasing an additional 768 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of TJX Companies by 34.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 23,730 shares of the apparel and home fashions retailer’s stock worth $2,226,000 after purchasing an additional 6,090 shares in the last quarter. Finally, Advisor OS LLC acquired a new stake in TJX Companies in the 4th quarter valued at $201,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Up 0.6 %

TJX stock opened at $117.83 on Wednesday. The stock has a fifty day moving average of $113.86 and a 200-day moving average of $105.18. The TJX Companies, Inc. has a fifty-two week low of $86.71 and a fifty-two week high of $121.13. The company has a market capitalization of $133.17 billion, a price-to-earnings ratio of 29.24, a PEG ratio of 2.92 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.60 and a current ratio of 1.21.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 21st. The apparel and home fashions retailer reported $0.96 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 for the quarter, compared to the consensus estimate of $13.31 billion. During the same period in the prior year, the firm earned $0.85 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts predict that The TJX Companies, Inc. will post 4.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TJX. Loop Capital raised their price objective on shares of TJX Companies from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. 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 note on Thursday, May 23rd. UBS Group increased their price objective on TJX Companies from $134.00 to $148.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. StockNews.com cut TJX Companies from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Evercore ISI increased their price target on TJX Companies from $115.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, August 19th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $126.76.

TJX Companies Profile

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.