TCW Group Inc. Sells 369 Shares of The TJX Companies, Inc. (NYSE:TJX)

TCW Group Inc. decreased its holdings in The TJX Companies, Inc. (NYSE:TJX) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,483 shares of the apparel and home fashions retailer’s stock after selling 369 shares during the quarter. TCW Group Inc.’s holdings in TJX Companies were worth $1,820,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. First Trust Direct Indexing L.P. grew its holdings in TJX Companies by 12.4% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 47,104 shares of the apparel and home fashions retailer’s stock worth $5,537,000 after acquiring an additional 5,207 shares during the last quarter. Swedbank AB grew its stake in shares of TJX Companies by 45.9% during the second quarter. Swedbank AB now owns 1,041,982 shares of the apparel and home fashions retailer’s stock valued at $114,722,000 after purchasing an additional 327,684 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of TJX Companies by 229.8% during the second quarter. EP Wealth Advisors LLC now owns 221,497 shares of the apparel and home fashions retailer’s stock valued at $24,387,000 after purchasing an additional 154,342 shares during the last quarter. Lombard Odier Asset Management Europe Ltd bought a new position in TJX Companies in the 2nd quarter worth approximately $2,310,000. Finally, Beck Capital Management LLC raised its position in TJX Companies by 38.8% in the 3rd quarter. Beck Capital Management LLC now owns 24,184 shares of the apparel and home fashions retailer’s stock worth $2,843,000 after purchasing an additional 6,763 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Stock Down 0.3 %

Shares of TJX Companies stock opened at $126.42 on Friday. The company has a market capitalization of $142.12 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 3.12 and a beta of 0.90. 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 business has a 50-day moving average of $118.68 and a two-hundred day moving average of $114.84. The TJX Companies, Inc. has a 1 year low of $88.58 and a 1 year high of $128.00.

TJX Companies (NYSE:TJX) last announced 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 net margin of 8.63% and a return on equity of 61.82%. The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.95 billion. During the same period last year, the company posted $1.03 EPS. The business’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, February 13th. TJX Companies’s dividend payout ratio is 35.29%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TJX shares. Robert W. Baird boosted their target price on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company boosted their price objective on TJX Companies from $100.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 22nd. Evercore ISI raised their target price 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. Deutsche Bank Aktiengesellschaft boosted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Guggenheim increased their price objective 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. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $130.89.

TJX Companies 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.