Windward Capital Management Co. CA Reduces Holdings in The TJX Companies, Inc. (NYSE:TJX)

Windward Capital Management Co. CA reduced its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 200,383 shares of the apparel and home fashions retailer’s stock after selling 2,268 shares during the period. TJX Companies comprises 1.9% of Windward Capital Management Co. CA’s portfolio, making the stock its 15th largest holding. Windward Capital Management Co. CA’s holdings in TJX Companies were worth $24,208,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Greenwood Capital Associates LLC raised its holdings in TJX Companies by 61.4% in the 4th quarter. Greenwood Capital Associates LLC now owns 51,501 shares of the apparel and home fashions retailer’s stock worth $6,222,000 after purchasing an additional 19,590 shares during the period. Mather Group LLC. raised its stake in shares of TJX Companies by 14.6% in the fourth quarter. Mather Group LLC. now owns 10,211 shares of the apparel and home fashions retailer’s stock worth $1,234,000 after buying an additional 1,297 shares during the period. Welch Group LLC lifted its position in shares of TJX Companies by 2.6% during the 4th quarter. Welch Group LLC now owns 66,719 shares of the apparel and home fashions retailer’s stock valued at $8,079,000 after buying an additional 1,717 shares in the last quarter. Longboard Asset Management LP bought a new position in shares of TJX Companies during the 4th quarter valued at approximately $285,000. Finally, Calamos Wealth Management LLC grew its stake in shares of TJX Companies by 0.3% during the 4th quarter. Calamos Wealth Management LLC now owns 82,655 shares of the apparel and home fashions retailer’s stock valued at $9,986,000 after acquiring an additional 243 shares during the period. 91.09% of the stock is currently owned by institutional investors.

TJX Companies Trading Up 0.7 %

Shares of NYSE TJX opened at $125.24 on Wednesday. The TJX Companies, Inc. has a 1-year low of $92.35 and a 1-year high of $128.00. 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’s 50 day moving average is $123.31 and its two-hundred day moving average is $118.39. The stock has a market capitalization of $140.79 billion, a P/E ratio of 29.47, a PEG ratio of 3.05 and a beta of 0.91.

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

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.20%. TJX Companies’s dividend payout ratio is 35.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. UBS Group lifted their price target on shares of TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a report on Friday, January 10th. Jefferies Financial Group lifted their target price on shares of TJX Companies from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Evercore ISI increased their price target on TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Finally, Robert W. Baird increased 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. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies currently has an average rating of “Moderate Buy” and a consensus target price of $131.67.

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.