Wilkinson Global Asset Management LLC Has $121.55 Million Stock Holdings in The TJX Companies, Inc. (NYSE:TJX)

Wilkinson Global Asset Management LLC lessened its holdings in The TJX Companies, Inc. (NYSE:TJX) by 1.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,006,161 shares of the apparel and home fashions retailer’s stock after selling 12,717 shares during the period. TJX Companies makes up approximately 7.5% of Wilkinson Global Asset Management LLC’s portfolio, making the stock its biggest position. Wilkinson Global Asset Management LLC’s holdings in TJX Companies were worth $121,554,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TJX. Bogart Wealth LLC bought a new position in TJX Companies in the fourth quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC acquired a new position in shares of TJX Companies in the 4th quarter valued at $26,000. Capital Performance Advisors LLP bought a new position in shares of TJX Companies in the 3rd quarter worth $29,000. Truvestments Capital LLC acquired a new stake in shares of TJX Companies during the third quarter worth $29,000. Finally, Copeland Capital Management LLC bought a new stake in TJX Companies in the third quarter valued at about $30,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Stock Down 0.4 %

NYSE:TJX opened at $123.82 on Wednesday. The company has a market cap of $139.20 billion, a PE ratio of 29.13, a PEG ratio of 2.78 and a beta of 0.91. The stock has a 50-day simple moving average of $123.07 and a 200 day simple moving average of $119.34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.50 and a current ratio of 1.19. 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 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $1.03 EPS. On average, sell-side analysts expect that The TJX Companies, Inc. will post 4.18 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is currently 35.29%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TJX shares. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, November 30th. Guggenheim boosted 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. Wells Fargo & Company upped their target price on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Jefferies Financial Group lifted their price target on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $134.00 price objective on shares of TJX Companies in a research report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $133.53.

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.