The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Lowered by Curbstone Financial Management Corp

Curbstone Financial Management Corp cut its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,734 shares of the apparel and home fashions retailer’s stock after selling 450 shares during the period. TJX Companies makes up approximately 1.0% of Curbstone Financial Management Corp’s holdings, making the stock its 23rd biggest position. Curbstone Financial Management Corp’s holdings in TJX Companies were worth $4,559,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TJX. Kathmere Capital Management LLC bought a new stake in shares of TJX Companies during the 2nd quarter worth $214,000. Algert Global LLC lifted its holdings in shares of TJX Companies by 36.8% during the second quarter. Algert Global LLC now owns 4,608 shares of the apparel and home fashions retailer’s stock valued at $507,000 after purchasing an additional 1,240 shares during the last quarter. Creative Planning boosted its position in shares of TJX Companies by 3.9% in the 2nd quarter. Creative Planning now owns 306,771 shares of the apparel and home fashions retailer’s stock valued at $33,775,000 after purchasing an additional 11,374 shares during the period. NewEdge Advisors LLC increased its stake in TJX Companies by 35.5% in the 2nd quarter. NewEdge Advisors LLC now owns 83,725 shares of the apparel and home fashions retailer’s stock worth $9,218,000 after purchasing an additional 21,937 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in TJX Companies by 20.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 15,656 shares of the apparel and home fashions retailer’s stock worth $1,724,000 after buying an additional 2,634 shares during the period. 91.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on TJX. Evercore ISI raised their target price on shares of TJX Companies from $138.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. TD Cowen lifted their price target on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 22nd. UBS Group increased their price objective on TJX Companies from $148.00 to $151.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Robert W. Baird raised their price target on shares of TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company boosted their price objective on shares of TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. 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, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.67.

TJX Companies Trading Up 1.8 %

Shares of TJX stock opened at $124.89 on Tuesday. The business’s 50 day moving average is $122.84 and its two-hundred day moving average is $117.94. 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 TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00. The company has a market cap of $140.39 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 3.00 and a beta of 0.91.

TJX Companies (NYSE:TJX) last posted 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. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. TJX Companies’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $1.03 EPS. Equities analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be given a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.20%. TJX Companies’s dividend payout ratio is presently 35.29%.

TJX Companies 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.