Tjx Companies (TJX) Shareholder Alta Capital Management LLC Lowered Stake as Shares Rose

September 16, 2018 - By Matthew Richard

The TJX Companies, Inc. (NYSE:TJX) LogoInvestors sentiment increased to 1.01 in Q2 2018. Its up 0.10, from 0.91 in 2018Q1. It is positive, as 43 investors sold TJX shares while 376 reduced holdings. 102 funds opened positions while 321 raised stakes. 527.52 million shares or 1.41% less from 535.05 million shares in 2018Q1 were reported. Amf Pensionsforsakring Ab reported 0.5% stake. 38,300 are held by Pensionfund Dsm Netherlands. Petrus Lta stated it has 150,000 shares. Texas Permanent School Fund has 153,021 shares. Coatue Mngmt Limited Liability Com stated it has 0% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Webster Bancorporation N A reported 0.03% stake. Advisor Ptnrs Ltd Co accumulated 13,170 shares. Stewart Patten Ltd Company reported 2,330 shares. Edge Wealth Limited Liability Corporation accumulated 325 shares. Noesis Capital Mangement Corporation accumulated 0.09% or 2,655 shares. Finemark Comml Bank Trust holds 0.57% or 99,028 shares. Minnesota-based Palisade Asset Mngmt Limited Liability Corp has invested 0.69% in The TJX Companies, Inc. (NYSE:TJX). Prudential Public Ltd Company invested in 0.01% or 35,010 shares. Birch Hill Investment Advisors Ltd Liability stated it has 3.6% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Skylands Capital Ltd Liability invested in 0.02% or 1,500 shares.

Since April 18, 2018, it had 0 buys, and 4 sales for $3.27 million activity. $44,025 worth of The TJX Companies, Inc. (NYSE:TJX) was sold by LANE AMY B on Wednesday, May 23. Sherr Richard also sold $195,425 worth of The TJX Companies, Inc. (NYSE:TJX) shares.

Alta Capital Management Llc decreased its stake in Tjx Companies (TJX) by 24.87% based on its latest 2018Q2 regulatory filing with the SEC. Alta Capital Management Llc sold 192,505 shares as the company’s stock rose 16.43% with the market. The institutional investor held 581,511 shares of the consumer services company at the end of 2018Q2, valued at $55.35 million, down from 774,016 at the end of the previous reported quarter. Alta Capital Management Llc who had been investing in Tjx Companies for a number of months, seems to be less bullish one the $67.52B market cap company. The stock decreased 0.19% or $0.21 during the last trading session, reaching $108.77. About 4.54 million shares traded or 39.60% up from the average. The TJX Companies, Inc. (NYSE:TJX) has risen 49.97% since September 16, 2017 and is uptrending. It has outperformed by 34.35% the S&P500.

Analysts await The TJX Companies, Inc. (NYSE:TJX) to report earnings on November, 13. They expect $1.21 earnings per share, up 21.00 % or $0.21 from last year’s $1 per share. TJX’s profit will be $751.13M for 22.47 P/E if the $1.21 EPS becomes a reality. After $1.17 actual earnings per share reported by The TJX Companies, Inc. for the previous quarter, Wall Street now forecasts 3.42 % EPS growth.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Fool.com which released: “Should You Buy TJX Companies Stock at Its All-Time High?” on August 25, 2018, also Seekingalpha.com with their article: “Is TJX Companies An Anti-Gravity Stock?” published on August 31, 2018, Seekingalpha.com published: “The Sears CEO said what?” on September 15, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Seekingalpha.com and their article: “TJX: Not Maxxed Out” published on August 22, 2018 as well as Seekingalpha.com‘s news article titled: “We’ve Reached Peak TJX” with publication date: September 12, 2018.

The TJX Companies, Inc. (NYSE:TJX) Ratings Coverage

Among 16 analysts covering TJX Companies (NYSE:TJX), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. TJX Companies had 20 analyst reports since April 9, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, August 22 report. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, May 23. The rating was downgraded by Atlantic Securities on Tuesday, June 26 to “Neutral”. On Tuesday, July 31 the stock rating was maintained by Citigroup with “Buy”. The stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given on Monday, April 30 by Deutsche Bank. The stock has “Buy” rating by Nomura on Monday, June 4. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Buy” rating by Cowen & Co on Monday, April 9. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, August 23 report. The rating was maintained by Buckingham Research on Wednesday, May 23 with “Buy”. The firm earned “Market Perform” rating on Wednesday, August 22 by Wells Fargo.

The TJX Companies, Inc. (NYSE:TJX) Institutional Positions Chart

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