The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Wilkinson Global Asset Management LLC

Wilkinson Global Asset Management LLC decreased its stake in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,006,161 shares of the apparel and home fashions retailer's stock after selling 12,717 shares during the quarter. TJX Companies comprises 7.5% of Wilkinson Global Asset Management LLC's holdings, making the stock its largest position. Wilkinson Global Asset Management LLC owned 0.09% of TJX Companies worth $121,554,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its position in TJX Companies by 13,309.4% in the third quarter. International Assets Investment Management LLC now owns 1,191,155 shares of the apparel and home fashions retailer's stock valued at $140,008,000 after purchasing an additional 1,182,272 shares during the period. Provident Trust Co. raised its position in TJX Companies by 71.3% in the fourth quarter. Provident Trust Co. now owns 2,723,149 shares of the apparel and home fashions retailer's stock valued at $328,984,000 after purchasing an additional 1,133,486 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its position in TJX Companies by 161.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,786,652 shares of the apparel and home fashions retailer's stock valued at $210,003,000 after purchasing an additional 1,102,912 shares during the period. Robeco Institutional Asset Management B.V. raised its position in TJX Companies by 281.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,235,037 shares of the apparel and home fashions retailer's stock valued at $145,166,000 after purchasing an additional 911,351 shares during the period. Finally, Canoe Financial LP raised its position in TJX Companies by 564.0% in the fourth quarter. Canoe Financial LP now owns 1,064,217 shares of the apparel and home fashions retailer's stock valued at $128,568,000 after purchasing an additional 903,939 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.

Wall Street Analyst Weigh In

TJX has been the topic of a number of research analyst reports. TD Cowen lifted their target price on TJX Companies from $130.00 to $132.00 and gave the company a "buy" rating in a research report on Friday, November 22nd. Guggenheim lifted their target price on TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Morgan Stanley lifted their target price on TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. Telsey Advisory Group reiterated an "outperform" rating and issued a $145.00 price objective on shares of TJX Companies in a report on Wednesday. Finally, Wells Fargo & Company boosted their price objective on TJX Companies from $115.00 to $120.00 and gave the company an "equal weight" rating in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $134.18.

TJX Companies Stock Down 1.5 %

TJX traded down $1.90 on Friday, hitting $121.08. 5,692,049 shares of the company were exchanged, compared to its average volume of 4,322,778. The TJX Companies, Inc. has a twelve month low of $92.35 and a twelve month high of $128.00. The company has a market cap of $136.11 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.76 and a beta of 0.91. 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 firm has a 50-day moving average price of $122.86 and a two-hundred day moving average price of $119.48.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $13.95 billion. During the same period in the previous year, the firm posted $1.03 EPS. TJX Companies's revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities analysts predict that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a yield of 1.24%. TJX Companies's payout ratio is 35.29%.

TJX Companies Company 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.