Janney Montgomery Scott LLC Cut Its Position in Tjx Companies INC New (TJX) as Share Value Rose

May 16, 2018 - By Tina Thibodeau

The TJX Companies, Inc. (NYSE:TJX) LogoInvestors sentiment increased to 1.07 in Q4 2017. Its up 0.07, from 1 in 2017Q3. It is positive, as 66 investors sold TJX shares while 356 reduced holdings. 101 funds opened positions while 349 raised stakes. 545.74 million shares or 0.78% less from 550.02 million shares in 2017Q3 were reported. Stoneridge Inv Limited Co stated it has 67,583 shares. Tci Wealth accumulated 2,758 shares or 0.09% of the stock. Moreover, Jane Street Grp Limited Co has 0% invested in The TJX Companies, Inc. (NYSE:TJX) for 22,450 shares. Howe & Rusling invested 0.87% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Legal General Group Incorporated Public Limited Co has 3.63M shares for 0.2% of their portfolio. Moreover, Diamond Hill Cap Mgmt has 1.79% invested in The TJX Companies, Inc. (NYSE:TJX). Lord Abbett And Ltd Co owns 655,289 shares. 114,121 are held by Proshare Ltd. The California-based Kcm Invest Limited Liability has invested 0.03% in The TJX Companies, Inc. (NYSE:TJX). Griffin Asset Inc invested 0.96% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Dnb Asset Mgmt As holds 0.07% or 81,310 shares. Gamble Jones Inv Counsel holds 16,312 shares. Bb&T reported 194,684 shares. Martingale Asset Mgmt LP has invested 0% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Nordea Management Ab has invested 0.56% in The TJX Companies, Inc. (NYSE:TJX).

Since March 1, 2018, it had 0 buys, and 7 sales for $17.01 million activity. $1.36M worth of stock was sold by Goldenberg Scott on Thursday, April 19. Sherr Richard also sold $1.67 million worth of The TJX Companies, Inc. (NYSE:TJX) on Wednesday, April 18. Shares for $11.08 million were sold by MEYROWITZ CAROL on Thursday, March 1. $82,805 worth of The TJX Companies, Inc. (NYSE:TJX) was sold by LANE AMY B on Thursday, March 1.

Janney Montgomery Scott Llc decreased its stake in Tjx Companies Inc New (TJX) by 41.15% based on its latest 2017Q4 regulatory filing with the SEC. Janney Montgomery Scott Llc sold 57,514 shares as the company’s stock rose 5.50% while stock markets declined. The institutional investor held 82,248 shares of the consumer services company at the end of 2017Q4, valued at $6.29M, down from 139,762 at the end of the previous reported quarter. Janney Montgomery Scott Llc who had been investing in Tjx Companies Inc New for a number of months, seems to be less bullish one the $53.79B market cap company. The stock increased 0.70% or $0.6 during the last trading session, reaching $85.8. About 492,537 shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since May 16, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Janney Montgomery Scott Llc, which manages about $15.70 billion and $9.63 billion US Long portfolio, upped its stake in Diamondback Energy Inc (NASDAQ:FANG) by 45,867 shares to 64,413 shares, valued at $8.13M in 2017Q4, according to the filing. It also increased its holding in Vngrd Consmr Discret Etf (VCR) by 26,575 shares in the quarter, for a total of 31,826 shares, and has risen its stake in Ishs Core Sp 500 Etf (IVV).

Analysts await The TJX Companies, Inc. (NYSE:TJX) to report earnings on May, 22 before the open. They expect $1.02 EPS, up 24.39 % or $0.20 from last year’s $0.82 per share. TJX’s profit will be $639.46M for 21.03 P/E if the $1.02 EPS becomes a reality. After $1.37 actual EPS reported by The TJX Companies, Inc. for the previous quarter, Wall Street now forecasts -25.55 % negative EPS growth.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Globenewswire.com which released: “Detailed Research: Economic Perspectives on Park Hotels & Resorts, Steel Dynamics, Tenet Healthcare, The TJX …” on May 08, 2018, also Seekingalpha.com with their article: “Death Of Retail Is Premature” published on May 16, 2018, Bizjournals.com published: “Layoffs hit Framingham corporate giants Staples, TJX, Genzyme” on May 15, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Bizjournals.com and their article: “At TJ Maxx parent, the CEO’s pay was 1500 times higher than the median employee’s” published on April 30, 2018 as well as Fool.com‘s news article titled: “TJX Companies’ Not So Secret Weapon” with publication date: April 18, 2018.

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

Among 13 analysts covering TJX Companies (NYSE:TJX), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. TJX Companies had 18 analyst reports since December 14, 2017 according to SRatingsIntel. Deutsche Bank initiated The TJX Companies, Inc. (NYSE:TJX) rating on Monday, April 30. Deutsche Bank has “Buy” rating and $9800 target. The rating was maintained by Deutsche Bank on Thursday, March 1 with “Buy”. Cowen & Co maintained it with “Buy” rating and $9800 target in Monday, April 9 report. The stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given on Tuesday, January 23 by Susquehanna. Northcoast maintained The TJX Companies, Inc. (NYSE:TJX) rating on Friday, March 2. Northcoast has “Buy” rating and $90.0 target. Nomura maintained the shares of TJX in report on Thursday, March 1 with “Buy” rating. SunTrust maintained The TJX Companies, Inc. (NYSE:TJX) rating on Friday, February 2. SunTrust has “Buy” rating and $92.0 target. The stock has “Buy” rating by Susquehanna on Wednesday, February 28. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Overweight” rating by Morgan Stanley on Friday, March 2. Cowen & Co maintained the shares of TJX in report on Thursday, March 1 with “Outperform” rating.

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

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