The TJX Companies, Inc. (NYSE:TJX) Position Decreased by Howland Capital Management LLC

Howland Capital Management LLC decreased its position in The TJX Companies, Inc. (NYSE:TJX) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 468,950 shares of the apparel and home fashions retailer’s stock after selling 11,271 shares during the period. TJX Companies comprises 2.5% of Howland Capital Management LLC’s portfolio, making the stock its 8th largest holding. Howland Capital Management LLC’s holdings in TJX Companies were worth $56,654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TJX. Brookstone Capital Management boosted its holdings in TJX Companies by 5.9% during the third quarter. Brookstone Capital Management now owns 13,113 shares of the apparel and home fashions retailer’s stock worth $1,541,000 after buying an additional 733 shares in the last quarter. LVW Advisors LLC boosted its holdings in TJX Companies by 6.7% during the third quarter. LVW Advisors LLC now owns 2,897 shares of the apparel and home fashions retailer’s stock worth $341,000 after buying an additional 183 shares in the last quarter. Fermata Advisors LLC purchased a new stake in TJX Companies during the third quarter worth about $209,000. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in TJX Companies by 358.7% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 9,155 shares of the apparel and home fashions retailer’s stock worth $1,075,000 after buying an additional 7,159 shares in the last quarter. Finally, Meyer Handelman Co. boosted its holdings in TJX Companies by 1.2% during the third quarter. Meyer Handelman Co. now owns 181,991 shares of the apparel and home fashions retailer’s stock worth $21,391,000 after buying an additional 2,162 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Performance

NYSE:TJX opened at $124.64 on Friday. The firm has a 50 day simple moving average of $123.25 and a 200-day simple moving average of $118.67. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The firm has a market cap of $140.11 billion, a PE ratio of 29.33, a P/E/G ratio of 2.82 and a beta of 0.91. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00.

TJX Companies (NYSE:TJX) last issued its quarterly 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 net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $13.95 billion. During the same quarter in the prior year, the business posted $1.03 earnings per share. TJX Companies’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.20%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is 35.29%.

Wall Street Analyst Weigh In

A number of research firms recently commented on TJX. Robert W. Baird boosted their price objective on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Jefferies Financial Group upped their price target on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Guggenheim upped their price target on shares of TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. StockNews.com raised shares of TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Finally, Morgan Stanley upped their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies currently has a consensus rating of “Moderate Buy” and an average price target of $133.53.

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.