The TJX Companies, Inc. (TJX): The Big Guys Just Love It

The TJX Companies, Inc. (NYSE:TJX) marched up 21.78% compared to a 52-week low price of $36.41. The shares were last seen trading -1.95% lower, taking the closing price at $44.34 on 12/17/2018. At recent session, the prices were hovering between $44.03 and $44.99. This company shares are 22.87% off its target price of $54.48 and the current market capitalization stands at $55.39B. The recent change has given its price a -14.15% deficit over SMA 50 and -21.72% deficit over its 52-week high. The stock witnessed -15.77% declines, -17.86% declines and -7.59% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TJX’s volatility during a week at 2.4% and during a month it has been found around 3.19%.

The TJX Companies, Inc. (TJX) Top Holders

Institutional investors currently hold around $51.08 billion or 91.8% in TJX stock. Look at its top three institutional owners. Vanguard Group Inc owns $4.45 billion in The TJX Companies, Inc., which represents roughly 8.04% of the company’s market cap and approximately 8.72% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 84,640,070 shares of the stock are valued at $3.83 billion. The third largest holder is Wellington Management Group Llp, which currently holds $3.12 billion worth of this stock and that ownership represents nearly 5.64% of its market capitalization.

The TJX Companies, Inc. 13F Filings

At the end of September reporting period, 560 institutional holders increased their position in The TJX Companies, Inc. (NYSE:TJX) by some 63,350,027 shares, 608 decreased positions by 81,883,487 and 164 held positions by 984,391,320. That puts total institutional holdings at 1,130,000,000 shares, according to SEC filings. The stock grabbed 143 new institutional investments totaling 5,622,091 shares while 53 institutional investors sold out their entire positions totaling 9,481,716 shares.

The TJX Companies, Inc. (NYSE:TJX) Insider Trades

Multiple company employees have indulged in significant insider trading. The TJX Companies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Lane Amy B has sold 1,000 shares of The TJX Companies, Inc. (TJX) in trading session dated May. 23, 2018. These shares are worth $44,030 and were traded at $44.03 each. The SEC filing shows that Sherr Richard performed a sale of 4,440 shares. The SEVP, Group President disposed these shares by way of transaction on May. 23, 2018. The company’s shares were given away at $44.02 per share worth to an income of some $195,449 on account of Sherr Richard.

SEVP, CFO, Goldenberg Scott, sold 32,688 common shares of The TJX Companies, Inc. (TJX) in the open market. In a transaction dated Apr. 19, 2018, the shares were put up for sale at an average price of $41.51, raking in a sum of $1,356,879. After this sale, 172,048 common shares of TJX are directly owned by the insider, with total stake valued at $7,628,608.

In the transaction dated Apr. 18, 2018, the great number of shares disposed came courtesy the SEVP, Group President; Sherr Richard disposed a total of 40,000 shares at an average price of $41.84, amounting to approximately $1,673,600. The insider now directly owns 185,430 shares worth $8,221,966.

The TJX Companies, Inc. (TJX) Analyst Guide

Several analysts have released their opinion on The TJX Companies, Inc. (NYSE:TJX), with 11 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 7 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2 average brokerage recommendation.