The TJX Companies, Inc. (NYSE:TJX) Shares Sold by Nelson Capital Management LLC

Nelson Capital Management LLC lowered its position in The TJX Companies, Inc. (NYSE:TJX) by 1.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,768 shares of the apparel and home fashions retailer’s stock after selling 545 shares during the quarter. TJX Companies accounts for approximately 0.9% of Nelson Capital Management LLC’s holdings, making the stock its 24th biggest holding. Nelson Capital Management LLC’s holdings in TJX Companies were worth $5,408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Howard Capital Management Group LLC raised its stake in TJX Companies by 42.9% during the third quarter. Howard Capital Management Group LLC now owns 231,481 shares of the apparel and home fashions retailer’s stock worth $27,208,000 after acquiring an additional 69,489 shares during the period. Modera Wealth Management LLC grew its stake in TJX Companies by 4.3% during the 3rd quarter. Modera Wealth Management LLC now owns 9,907 shares of the apparel and home fashions retailer’s stock worth $1,165,000 after buying an additional 405 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in TJX Companies by 12.3% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,395 shares of the apparel and home fashions retailer’s stock worth $517,000 after buying an additional 480 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its stake in TJX Companies by 1.6% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 6,526 shares of the apparel and home fashions retailer’s stock valued at $767,000 after buying an additional 102 shares during the last quarter. Finally, Orrstown Financial Services Inc. boosted its holdings in shares of TJX Companies by 7.7% during the third quarter. Orrstown Financial Services Inc. now owns 11,726 shares of the apparel and home fashions retailer’s stock valued at $1,378,000 after acquiring an additional 838 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Trading Up 1.0 %

TJX Companies stock opened at $122.71 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The stock has a market cap of $137.94 billion, a P/E ratio of 28.87, a PEG ratio of 2.75 and a beta of 0.91. The TJX Companies, Inc. has a 1 year low of $92.35 and a 1 year high of $128.00. The firm’s 50 day moving average price is $122.80 and its 200-day moving average price is $119.80.

TJX Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies’s payout ratio is 35.29%.

Analyst Upgrades and Downgrades

Several research firms recently commented on TJX. TD Cowen raised their target price on TJX Companies from $130.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Robert W. Baird increased their target price on TJX Companies from $133.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Wells Fargo & Company upped 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 note on Friday, January 10th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $145.00 price objective on shares of TJX Companies in a report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.18.

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.