Alta Capital Management LLC Has Cut Its Holding in Tjx Companies (TJX) by $18.29 Million as Valuation Rose

November 10, 2018 - By Louis Casey

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 increased, 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. Japan-based Nomura has invested 0.04% in The TJX Companies, Inc. (NYSE:TJX). Confluence Ltd Llc holds 608,395 shares. Ameriprise Inc holds 1.66 million shares. Dowling And Yahnke Ltd Liability stated it has 20,906 shares or 0.18% of all its holdings. Moreover, Profund Advisors Ltd Liability Corporation has 0.09% invested in The TJX Companies, Inc. (NYSE:TJX) for 23,260 shares. Carlton Hofferkamp & Jenks Wealth Mgmt Llc invested in 1.76% or 28,750 shares. Sfmg Ltd Liability invested in 2,857 shares or 0.04% of the stock. Brinker Capital Incorporated holds 0.38% or 105,239 shares in its portfolio. Middleton & Company Ma accumulated 10,265 shares. Howe And Rusling stated it has 1.11% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Mcmillion holds 1.7% of its portfolio in The TJX Companies, Inc. (NYSE:TJX) for 31,539 shares. Dynamic Cap Management Ltd has invested 0.46% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Country Tru Bank & Trust, a Illinois-based fund reported 20 shares. Glenmede Trust Na invested 0.55% in The TJX Companies, Inc. (NYSE:TJX). Btim Corporation reported 51,113 shares.

Since May 23, 2018, it had 0 insider purchases, and 2 insider sales for $239,450 activity. $44,025 worth of The TJX Companies, Inc. (NYSE:TJX) shares were sold by LANE AMY B.

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 $34.43 billion market cap company. The stock increased 0.18% or $0.1 during the last trading session, reaching $55.64. About 6.53M shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 49.97% since November 10, 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 EPS, up 21.00 % or $0.21 from last year’s $1 per share. TJX’s profit will be $748.70 million for 11.50 P/E if the $1.21 EPS becomes a reality. After $1.17 actual EPS reported by The TJX Companies, Inc. for the previous quarter, Wall Street now forecasts 3.42 % EPS growth.

Another recent and important The TJX Companies, Inc. (NYSE:TJX) news was published by Fool.com which published an article titled: “Better Buy: Nordstrom vs. TJX Companies” on October 29, 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 19 analyst reports since May 22, 2018 according to SRatingsIntel. The company was maintained on Thursday, August 23 by Morgan Stanley. The rating was maintained by Citigroup on Tuesday, July 31 with “Buy”. The firm earned “Neutral” rating on Friday, June 22 by Credit Suisse. The firm has “Neutral” rating given on Wednesday, May 23 by Credit Suisse. The company was downgraded on Tuesday, June 26 by Atlantic Securities. Wells Fargo maintained the shares of TJX in report on Wednesday, August 22 with “Market Perform” rating. Buckingham Research maintained the shares of TJX in report on Monday, August 20 with “Buy” rating. The firm has “Neutral” rating by Credit Suisse given on Wednesday, August 22. The stock has “Buy” rating by Bank of America on Wednesday, August 22. Nomura maintained The TJX Companies, Inc. (NYSE:TJX) on Monday, June 4 with “Buy” rating.

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

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