Richard Sherr Insider Sell Transaction
TJX Companies Inc (NYSE:TJX)
Tjx Companies Inc Stock Rating, Sentiment and Fundamentals
Thirty one of the expert security analysts responsible to analyzing the corporation’s share, predict an EPS of $3.29 and a price to earnings ratio of 21.33 for the fiscal year 2015. Tjx Companies Inc is expected to have earnings per share growth rate of 10.83% YOY. It is difficult to make conclusions about Tjx Companies Inc’s future just from Richard Sherr’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Richard exercised options for 54,428 shares with average price 61.0, worth 3.32 million.
|Rating & Sentiment|
|Hedge Funds Sentiment:||BUY|
|Earnings + FCF Trend:||BUY|
* Read How Our Stock Ratings System Works
Our experts rate the stock a “Sell” both because of the confidence given by Richard Sherr’s stock trade and our time-tested trend-following model. Just in the last 50 days, Tjx Companies Inc’s share price have dived by 2.30 % and is in a downtrend.
Price Chart of Tjx Companies NYSE:TJX Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
A report ready for review here made public this sale activity. It was made public on November 20, 2015 and filled with (SEC).
Hedge Funds Ownership
Recently released 13F public filings reveal 852 institutional players owned Tjx Companies Inc. The institutional ownership of the company in focus in the last quarter is extremely high, at 87.12 % of the shares outstanding. Its down 5.04 % from Q1 2015. These owners decreased the total shares they own by 31.16 million to 587.49 million this quarter. There were 75 funds that created new positions and 335 funds that added to their positions. A total of 56 funds closed their positions in Tjx Companies Inc and 324 reduced their holdings.
The firm is Top 10 in 54 of them. These funds are: Eulav Asset Management, General American Investors Co Inc, Private Harbour Investment Management & Counsel Llc, Alecta Pensionsforsakring Omsesidigt, Dock Street Asset Management Inc, Harvey Investment Co Llc, Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma, Melvin Capital Management Lp, Weik Investment Services Inc, Birch Hill Investment Advisors Llc.
Eulav Asset Management is the most positive institutional investor on Tjx Companies Inc, with ownership of 367,000 shares as of Q2 2015 for 1.27% of the fund’s portfolio. General American Investors Co Inc is another positive investment manager owning 1.24 million shares of the company or 6.77% of their stocks portfolio. In addition The Ohio-based fund Private Harbour Investment Management & Counsel Llc have 3.30% of their stock portfolio invested in the stock for 70,474 shares. The Sweden-based fund Alecta Pensionsforsakring Omsesidigt revealed it had purchased a stake worth 9.77% of the fund’s stock portfolio in Tjx Companies Inc. Dock Street Asset Management Inc is also very optimistic about the company, owning 165,724 shares or 6.60% of their stock portfolio.
TJX Companies NYSE:TJX Company Profile
The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel, home fashions, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.
Company Website: TJX Companies
Tjx Companies Inc was founded in Delaware on 1962-04-09. The company has 198000 employees. Now its market value is: $47.76 billion and it has 705.47 million outstanding shares. Today it has 91.02% shareholders and the institutional ownership is 91.02%. The stock closed at $70.150002 yesterday and it had average 2 days volume of 1470266 shares. It is up from the 30 days average shares volume of 1000714. Tjx Companies Inc has a 250 days low of $63.31 and a 250 days high of $76.93. The current price is below the 200 days Simple moving average. Tjx Companies Inc last issued its quarterly earnings information on 11/17/2015. The company reported 0.86 EPS for the quarter, above the consensus estimate of 0.84 by 0.02. The company had a revenue of 7.36 billion for 8/1/2015 and 6.87 billion for 5/2/2015. Therefore, the revenue was 498.09 million up.
* Right to buy. Includes right to have shares withheld to satisfy tax withholding obligations upon exercise.
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