The TJX Companies, Inc. (NYSE:TJX) Holdings Decreased by Boston Common Asset Management LLC

Boston Common Asset Management LLC reduced its holdings in The TJX Companies, Inc. (NYSE:TJX) by 0.3% in the 4th quarter, Holdings Channel reports. The fund owned 184,614 shares of the apparel and home fashions retailer’s stock after selling 474 shares during the period. Boston Common Asset Management LLC’s holdings in TJX Companies were worth $22,303,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TJX. Axxcess Wealth Management LLC increased its stake in shares of TJX Companies by 15.4% in the second quarter. Axxcess Wealth Management LLC now owns 16,397 shares of the apparel and home fashions retailer’s stock worth $1,805,000 after acquiring an additional 2,186 shares during the last quarter. E Fund Management Co. Ltd. acquired a new stake in shares of TJX Companies during the 2nd quarter valued at about $521,000. Mercer Global Advisors Inc. ADV increased its holdings in TJX Companies by 6.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 201,300 shares of the apparel and home fashions retailer’s stock worth $22,163,000 after buying an additional 11,430 shares during the last quarter. Argent Trust Co increased its holdings in TJX Companies by 9.9% in the second quarter. Argent Trust Co now owns 24,150 shares of the apparel and home fashions retailer’s stock worth $2,659,000 after buying an additional 2,175 shares during the last quarter. Finally, Blair William & Co. IL raised its position in TJX Companies by 8.3% during the second quarter. Blair William & Co. IL now owns 286,189 shares of the apparel and home fashions retailer’s stock valued at $31,509,000 after acquiring an additional 21,894 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Stock Performance

TJX stock traded up $1.27 during midday trading on Friday, hitting $122.65. The stock had a trading volume of 984,525 shares, compared to its average volume of 4,203,794. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week high of $128.00. The company has a current ratio of 1.19, a quick ratio of 0.50 and a debt-to-equity ratio of 0.35. The stock has a 50-day simple moving average of $122.39 and a 200 day simple moving average of $117.35. The firm has a market capitalization of $137.88 billion, a price-to-earnings ratio of 28.86, a P/E/G ratio of 2.94 and a beta of 0.91.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. As a group, equities research analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Thursday, February 13th will be paid a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.22%. TJX Companies’s dividend payout ratio is currently 35.29%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Evercore ISI lifted their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Telsey Advisory Group reiterated an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft increased their price objective on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Jefferies Financial Group boosted their target price on TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, UBS Group increased their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

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.