On Jun 27, 2018 TJX Companies (NYSE:TJX) Was Downgraded From Overweight By Atlantic Equities.

June 27, 2018 - By Toni Killen

The TJX Companies, Inc. (NYSE:TJX) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.91. That’s change of 0.16, from 2017Q4’s 1.07. 64 investors sold all, 387 reduced holdings as The TJX Companies, Inc. ratio turned negative. 311 rose holdings while 99 funds acquired holdings. Funds hold 535.05 million shares thus 1.96% less from 2017Q4’s 545.74 million shares.

St Germain D J Inc stated it has 0.23% of its capital in The TJX Companies, Inc. (NYSE:TJX). Twin Mngmt reported 30,420 shs. 396 were accumulated by Baystate Wealth Limited Liability. Welch Forbes Ltd Liability holds 0.68% in The TJX Companies, Inc. (NYSE:TJX) or 323,592 shs. Sumitomo Mitsui reported 1.97M shs. 33,828 are owned by Cambridge Investment Inc. Williams Jones & Associate Ltd Liability Corp invested in 1.13% or 597,966 shs. Robeco Institutional Asset Bv owns 359,096 shs. Rosenbaum Jay D stated it has 2.88% in The TJX Companies, Inc. (NYSE:TJX). Advisers Ltd Limited Liability Company reported 50,711 shs. Mercer Advisers accumulated 500 shs or 0.03% of the stock. Polaris Greystone Fincl Ltd Llc invested in 220 shs or 0% of the stock. 13,899 are owned by Logan Cap Mngmt. The New York-based Alliancebernstein L P has invested 0.44% in The TJX Companies, Inc. (NYSE:TJX). Ajo Ltd Partnership has invested 0% of its capital in The TJX Companies, Inc. (NYSE:TJX).

The TJX Companies, Inc. had 9 insider sales and 0 buys since March 1, 2018. This’s net activity of $17.25 million. The insider Goldenberg Scott sold 16,344 shs worth $1.36M. MEYROWITZ CAROL sold $11.08 million worth of The TJX Companies, Inc. (NYSE:TJX) or 132,262 shs on Thursday, March 1. LANE AMY B sold 500 shs worth $44,025. $1.67M worth of The TJX Companies, Inc. (NYSE:TJX) shs were sold by Sherr Richard.

Atlantic Equities Lowered TJX Companies (NYSE:TJX)’s Rating to Neutral.

The new Neutral rating of TJX was made public in an analyst note. Atlantic Equities downgraded the rating from Overweight on Tuesday morning.

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

Total analysts of 17 have positions in TJX Companies (NYSE:TJX) as follows: 11 rated it a “Buy”, 1 with “Sell” and 5 with “Hold”. The positive are 65%. Since January 3, 2018 according to StockzIntelligence Inc TJX Companies has 26 analyst reports. On Wednesday, May 23 Buckingham Research maintained the shares of TJX in report with “Buy” rating. On Wednesday, January 17 Nomura maintained The TJX Companies, Inc. (NYSE:TJX) with “Buy” rating. On Thursday, March 1 the stock of The TJX Companies, Inc. (NYSE:TJX) earned “Buy” rating by Deutsche Bank. In Wednesday, February 28 report Susquehanna maintained it with “Buy” rating and $98.0 target. On Monday, April 30 the stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given by Deutsche Bank. In Monday, June 4 report Nomura maintained the stock with “Buy” rating. On Tuesday, January 23 Susquehanna maintained the shares of TJX in report with “Buy” rating. On Monday, April 9 the company was maintained by Cowen & Co. On Thursday, March 1 the firm has “Outperform” rating by BMO Capital Markets given. On Wednesday, January 3 Wells Fargo downgraded The TJX Companies, Inc. (NYSE:TJX) to “Market Perform” rating.

TJX reached $95.03 during the last trading session after $0.14 change.The TJX Companies, Inc. has volume of 866,575 shares. Since June 27, 2017 TJX has risen 16.90% and is uptrending. TJX outperformed the S&P 500 by 4.33%.

The TJX Companies, Inc. (NYSE:TJX)’s earnings report is anticipated on August, 21., according to Faxor. Analysts forecast $1.04 earnings per share, which is $0.19 up or 22.35 % from 2017’s $0.85 earnings per share. TJX’s profit could reach $650.21M if the current earnings per share of $1.04 is accurate. Wall Street now predicts -7.96 % negative EPS growth despite The TJX Companies, Inc. last quarter’s EPS of $1.13.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer.The firm is worth $59.41 billion. It operates through four divisions: Marmaxx, HomeGoods, TJX Canada, and TJX International.The P/E ratio is 21.83. The firm sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

For more The TJX Companies, Inc. (NYSE:TJX) news announced briefly go to: Benzinga.com, Fool.com, Benzinga.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Don’t Expect A Big Q2 Beat For TJX Companies, Atlantic Equities Says In Downgrade” announced on June 26, 2018, “3 Reasons TJX Companies Stock Could Rise” on June 22, 2018, “4 Stocks That Have Been On Strong Up Trends In June” with a publish date: June 25, 2018, “TJX: The Big Get Bigger” and the last “TJX Is The Best Investment In Retail” with publication date: June 25, 2018.

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

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