Epoch Investment Partners Inc. lessened its stake in shares of TJX Companies Inc (NYSE:TJX) by 12.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,435,534 shares of the apparel and home fashions retailer’s stock after selling 204,947 shares during the period. Epoch Investment Partners Inc. owned approximately 0.12% of TJX Companies worth $160,808,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in TJX. Weybosset Research & Management LLC boosted its holdings in shares of TJX Companies by 0.6% in the 3rd quarter. Weybosset Research & Management LLC now owns 75,751 shares of the apparel and home fashions retailer’s stock valued at $8,486,000 after acquiring an additional 478 shares during the last quarter. Waverton Investment Management Ltd boosted its holdings in shares of TJX Companies by 3.7% in the 2nd quarter. Waverton Investment Management Ltd now owns 13,927 shares of the apparel and home fashions retailer’s stock valued at $1,326,000 after acquiring an additional 501 shares during the last quarter. Martingale Asset Management L P boosted its holdings in shares of TJX Companies by 10.5% in the 2nd quarter. Martingale Asset Management L P now owns 5,318 shares of the apparel and home fashions retailer’s stock valued at $507,000 after acquiring an additional 506 shares during the last quarter. Tdam USA Inc. boosted its holdings in shares of TJX Companies by 0.5% in the 3rd quarter. Tdam USA Inc. now owns 114,664 shares of the apparel and home fashions retailer’s stock valued at $11,394,000 after acquiring an additional 525 shares during the last quarter. Finally, Reilly Herbert Faulkner III boosted its holdings in shares of TJX Companies by 0.9% in the 2nd quarter. Reilly Herbert Faulkner III now owns 61,505 shares of the apparel and home fashions retailer’s stock valued at $5,854,000 after acquiring an additional 536 shares during the last quarter. 44.59% of the stock is currently owned by institutional investors.
NYSE:TJX opened at $47.17 on Thursday. The company has a quick ratio of 0.63, a current ratio of 1.55 and a debt-to-equity ratio of 0.42. The firm has a market cap of $60.45 billion, a price-to-earnings ratio of 23.35, a P/E/G ratio of 1.82 and a beta of 0.61. TJX Companies Inc has a fifty-two week low of $36.41 and a fifty-two week high of $56.64.
TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.02. The company had revenue of $9.83 billion during the quarter, compared to analysts’ expectations of $9.50 billion. TJX Companies had a net margin of 7.98% and a return on equity of 59.74%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.00 earnings per share. As a group, equities research analysts predict that TJX Companies Inc will post 2.45 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Shareholders of record on Thursday, February 14th will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 1.65%. TJX Companies’s dividend payout ratio is presently 38.61%.
Several analysts have recently commented on TJX shares. Goldman Sachs Group started coverage on shares of TJX Companies in a report on Monday, September 3rd. They issued a “buy” rating and a $63.00 price objective on the stock. Citigroup upped their price objective on shares of TJX Companies from $55.50 to $62.50 and gave the company a “buy” rating in a report on Tuesday, October 16th. Deutsche Bank upped their price objective on shares of TJX Companies from $50.00 to $52.50 and gave the company a “buy” rating in a report on Monday, August 20th. DA Davidson began coverage on shares of TJX Companies in a research note on Tuesday, September 25th. They issued a “buy” rating and a $65.00 target price for the company. Finally, Cowen set a $62.50 target price on shares of TJX Companies and gave the company a “buy” rating in a research note on Tuesday, September 25th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $53.19.
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TJX Companies Company Profile
The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.
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