The TJX Companies, Inc. (NYSE:TJX) Stock Holdings Reduced by Nichols & Pratt Advisers LLP MA

Nichols & Pratt Advisers LLP MA lowered its position in The TJX Companies, Inc. (NYSE:TJX) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,311 shares of the apparel and home fashions retailer’s stock after selling 3,064 shares during the quarter. TJX Companies makes up approximately 3.2% of Nichols & Pratt Advisers LLP MA’s holdings, making the stock its 11th biggest position. Nichols & Pratt Advisers LLP MA’s holdings in TJX Companies were worth $48,362,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TJX. Bogart Wealth LLC bought a new stake in TJX Companies during the 4th quarter valued at approximately $25,000. Trivant Custom Portfolio Group LLC bought a new stake in TJX Companies during the 4th quarter valued at approximately $26,000. Capital Performance Advisors LLP bought a new stake in TJX Companies during the 3rd quarter valued at approximately $29,000. Truvestments Capital LLC bought a new stake in TJX Companies during the 3rd quarter valued at approximately $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in TJX Companies during the 3rd quarter valued at approximately $30,000. Institutional investors own 91.09% of the company’s stock.

Analysts Set New Price Targets

TJX has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Barclays upped their price target on TJX Companies from $136.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday. Robert W. Baird upped their price target on TJX Companies from $138.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday. Evercore ISI upped their price target on TJX Companies from $138.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company upped their price target on TJX Companies from $115.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.06.

Insider Buying and Selling at TJX Companies

In other news, Director Alan M. Bennett sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.13% of the company’s stock.

TJX Companies Stock Performance

Shares of TJX opened at $124.79 on Friday. 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 stock has a market capitalization of $140.28 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. The firm’s fifty day simple moving average is $122.98 and its two-hundred day simple moving average is $119.95. The TJX Companies, Inc. has a 12 month low of $92.35 and a 12 month high of $128.00.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, February 26th. The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. The company had revenue of $16.35 billion for the quarter, compared to analysts’ expectations of $16.24 billion. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. As a group, analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current 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 issued a $0.375 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.20%. TJX Companies’s dividend payout ratio is presently 35.29%.

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.