Calamos Advisors LLC Has $43.73 Million Stake in The TJX Companies, Inc. (NYSE:TJX)

Calamos Advisors LLC lifted its stake in shares of The TJX Companies, Inc. (NYSE:TJX) by 0.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 361,995 shares of the apparel and home fashions retailer’s stock after purchasing an additional 548 shares during the quarter. Calamos Advisors LLC’s holdings in TJX Companies were worth $43,733,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Fourpath Capital Management LLC boosted its holdings in TJX Companies by 9.4% during the fourth quarter. Fourpath Capital Management LLC now owns 3,305 shares of the apparel and home fashions retailer’s stock worth $399,000 after purchasing an additional 283 shares during the last quarter. Optas LLC lifted its holdings in TJX Companies by 1.7% in the 4th quarter. Optas LLC now owns 6,820 shares of the apparel and home fashions retailer’s stock worth $824,000 after buying an additional 115 shares during the period. GDS Wealth Management raised its holdings in TJX Companies by 5.2% in the fourth quarter. GDS Wealth Management now owns 127,268 shares of the apparel and home fashions retailer’s stock worth $15,375,000 after purchasing an additional 6,279 shares in the last quarter. Financial Life Planners purchased a new stake in TJX Companies during the 4th quarter valued at about $93,000. Finally, One Wealth Advisors LLC raised its holdings in shares of TJX Companies by 4.9% during the fourth quarter. One Wealth Advisors LLC now owns 3,274 shares of the apparel and home fashions retailer’s stock valued at $396,000 after purchasing an additional 152 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Down 0.4 %

NYSE:TJX opened at $124.31 on Tuesday. The firm has a 50 day moving average of $123.32 and a 200 day moving average of $118.31. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $139.74 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 3.05 and a beta of 0.91. The TJX Companies, Inc. has a 52 week low of $92.35 and a 52 week 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. The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 earnings per share. As a group, sell-side analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a yield of 1.21%. TJX Companies’s dividend payout ratio is presently 35.29%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TJX shares. Wells Fargo & Company lifted their target price on TJX Companies from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. TD Cowen boosted their price objective on shares of TJX Companies from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Guggenheim lifted their price objective on shares of TJX Companies from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Morgan Stanley boosted their price target on TJX Companies from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $134.00 target price on shares of TJX Companies in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $131.67.

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.