Alecta Pensionsforsakring Omsesidigt Decreased Its Stake in Tjx Cos INC (TJX) by $36.08 Million; Shares Declined

The TJX Companies, Inc. (NYSE:TJX) Corporate LogoDuring 2018 Q3 the big money sentiment decreased to 0.98. That’s change of 0.03, from 2018Q2’s 1.01. 33 investors sold all, 403 reduced holdings as TJX ratio turned negative. 293 grew holdings while 134 funds acquired holdings. Funds hold 517.51 million shares thus 1.90% less from 2018Q2’s 527.52 million shares. Klingenstein Fields & Com Ltd Llc invested in 57,000 shs or 0.23% of the stock. Putnam Invests Limited Liability Corporation holds 779,532 shs. Columbia Asset Management has 2,926 shs for 0.09% of their capital. Chilton Invest Lc invested in 0.07% or 19,559 shs. Pensionfund Dsm Netherlands invested in 30,300 shs or 0.6% of the stock. Eagle Ridge Inv Management holds 0.04% of its capital in The TJX Companies, Inc. (NYSE:TJX) for 2,745 shs. Buckingham Cap holds 1.26% or 110,329 shs. Parkwood Ltd, a Ohio-based fund reported 48,363 shs. Fukoku Mutual Life Insurance Com accumulated 3,200 shs. Rampart Mgmt Limited Liability Company owns 0.34% invested in The TJX Companies, Inc. (NYSE:TJX) for 16,529 shs. Ballentine Partners Limited Liability holds 4,695 shs. Janney Cap Mgmt Limited Liability Co reported 0.08% of its capital in The TJX Companies, Inc. (NYSE:TJX). Associated Banc owns 2,679 shs for 0.02% of their capital. Horizon Invests Ltd Com reported 0.04% stake. Teacher Retirement Of Texas holds 0.71% or 904,096 shs.

Alecta Pensionsforsakring Omsesidigt reduced its stake by 3.94% in Tjx Cos Inc (TJX), according to 2018Q3 SEC form. By selling 325,000 shares Alecta Pensionsforsakring Omsesidigt made the stock sank with 16.60%. The consumer services company reported $888.44M value for the 2018Q3. Now the institutional investor is holding 7.93 million shares, compared to the 8.26M from the previous quarter. Tjx Cos Inc has $61.52B market cap. TJX is reaching $49.89 during the last trading session, after increased 0.68%.Currently The TJX Companies, Inc. is uptrending after 25.16% change in last February 14, 2018. TJX has 5.95 million shares volume. TJX outperformed the S&P 500 by 25.16%.

About $11.72 billion US Long portfolio Alecta Pensionsforsakring Omsesidigt operates. It upped its stake in Ulta Beauty Inc (NASDAQ:ULTA) by 60,000 shares to 485,000 shares, valued at $136.79 million in 2018Q3, according to the filing. Alecta Pensionsforsakring Omsesidigt has risen its stake in Borg Warner Inc (NYSE:BWA) and also increased its holding in 3M Co (NYSE:MMM) by 150,000 shares in the quarter, for a total of 600,000 shares.

On February, 27 WallStreet awaited The TJX Companies, Inc. (NYSE:TJX)’s earnings release, according to Faxor. Analysts forecast $0.68 EPS, which is $0.01 down or 1.45 % from 2018’s $0.69 EPS. This could reach $838.54 million profit for TJX assuming the current $0.68 EPS will become reality. Wall Street forecasts 7.94 % EPS growth as of February, 27.

Another two news for The TJX Companies, Inc. (NYSE:TJX) were recently released by: Seekingalpha.com on January 17, 2019 with title “Best Dividend Stocks: TJX’s 20% Dividend Raises – Seeking Alpha”. The other Bizjournals.com‘s article was titled “TJX Cos. REALLY likes this Northern Virginia shopping center – Washington Business Journal” and released on January 16, 2019.

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

In total 12 analysts cover TJX Companies (NYSE:TJX). “Buy” rating has 9, “Sell” are 0, while 3 are “Hold”. 75% are bullish. With $130 highest and $50 lowest target price TJX Companies has $86 average target price or 72.38% above the current ($49.89) price. 16 are the (NYSE:TJX)’s analyst reports since August 20, 2018 according to StockzIntelligence Inc. On Wednesday, August 22 the rating was maintained by Credit Suisse with “Neutral”. On Monday, August 20 the rating was maintained by Deutsche Bank with “Buy”. On Wednesday, August 22 the company was maintained by Wells Fargo. In Wednesday, November 21 report Nomura maintained it with “Buy” rating and $55 target. On Wednesday, November 21 Credit Suisse maintained the shares of TJX in report with “Neutral” rating. On Thursday, August 23 the rating was maintained by Morgan Stanley with “Overweight”. The stock rating was maintained by Bank of America with “Buy” on Wednesday, August 22. On Monday, August 20 the stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given by Buckingham Research. On Wednesday, November 21 the stock of The TJX Companies, Inc. (NYSE:TJX) earned “Overweight” rating by Morgan Stanley. On Wednesday, November 21 the stock has “Buy” rating by Citigroup.

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

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