TCW Group Inc. Has $1.82 Million Holdings in The TJX Companies, Inc. (NYSE:TJX)

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

Several other large investors have also added to or reduced their stakes in TJX. Soltis Investment Advisors LLC grew its holdings in shares of TJX Companies by 28.7% in the 3rd quarter. Soltis Investment Advisors LLC now owns 3,070 shares of the apparel and home fashions retailer’s stock valued at $361,000 after acquiring an additional 685 shares in the last quarter. Toronto Dominion Bank boosted its position in TJX Companies by 6.0% during the third quarter. Toronto Dominion Bank now owns 603,502 shares of the apparel and home fashions retailer’s stock valued at $70,936,000 after purchasing an additional 34,219 shares during the last quarter. RB Capital Management LLC boosted its position in TJX Companies by 4.8% during the third quarter. RB Capital Management LLC now owns 8,554 shares of the apparel and home fashions retailer’s stock valued at $1,005,000 after purchasing an additional 395 shares during the last quarter. Geode Capital Management LLC grew its stake in TJX Companies by 1.5% in the third quarter. Geode Capital Management LLC now owns 23,857,584 shares of the apparel and home fashions retailer’s stock valued at $2,795,121,000 after purchasing an additional 363,707 shares in the last quarter. Finally, Insight Inv LLC increased its position in shares of TJX Companies by 0.5% during the 3rd quarter. Insight Inv LLC now owns 20,633 shares of the apparel and home fashions retailer’s stock worth $2,425,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Performance

TJX opened at $126.42 on Friday. 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 fifty day simple moving average of $118.68 and a 200 day simple 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. The company has a market capitalization of $142.12 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 3.12 and a beta of 0.90.

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

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.19%. TJX Companies’s payout ratio is presently 35.29%.

Analyst Ratings Changes

Several research firms have recently commented on TJX. Robert W. Baird increased their price objective on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft increased their price target on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. StockNews.com upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Evercore ISI upped their target price on shares of TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $134.00 price target on shares of TJX Companies in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and sixteen have assigned 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 $130.89.

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.