Capital Investment Services of America Inc. Sells 3,540 Shares of The TJX Companies, Inc. (NYSE:TJX)

Capital Investment Services of America Inc. decreased its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 211,339 shares of the apparel and home fashions retailer’s stock after selling 3,540 shares during the quarter. TJX Companies makes up approximately 2.4% of Capital Investment Services of America Inc.’s holdings, making the stock its 19th largest holding. Capital Investment Services of America Inc.’s holdings in TJX Companies were worth $25,532,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies in the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new position in shares of TJX Companies in the 3rd quarter valued at $29,000. Truvestments Capital LLC bought a new stake in shares of TJX Companies in the 3rd quarter valued at $29,000. Copeland Capital Management LLC acquired a new stake in TJX Companies during the 3rd quarter worth $30,000. Finally, Legacy Investment Solutions LLC acquired a new position 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.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. StockNews.com raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 30th. Robert W. Baird upped their price target on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley increased their target price on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Finally, Jefferies Financial Group increased their price objective on shares of TJX Companies from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $133.53.

TJX Companies Price Performance

TJX Companies stock opened at $125.53 on Thursday. The company has a market capitalization of $141.11 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 3.05 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 0.50 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 stock’s 50 day moving average is $123.29 and its 200-day moving average is $118.49.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. During the same period in the prior year, the firm posted $1.03 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts expect 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. Shareholders of record on Thursday, February 13th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s dividend payout ratio (DPR) is 35.29%.

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.