Tjx Cos (TJX) Position Held by Nichols & Pratt Advisers Llp; As General Electric Company (GE) Valuation Declined, Carlton Hofferkamp & Jenks Wealth Management Cut Holding

May 25, 2018 - By Richard Conner

General Electric Company (NYSE:GE) Logo

Nichols & Pratt Advisers Llp increased its stake in Tjx Cos Inc (TJX) by 2.16% based on its latest 2017Q4 regulatory filing with the SEC. Nichols & Pratt Advisers Llp bought 3,950 shares as the company’s stock rose 5.50% while stock markets declined. The institutional investor held 186,928 shares of the consumer services company at the end of 2017Q4, valued at $14.30M, up from 182,978 at the end of the previous reported quarter. Nichols & Pratt Advisers Llp who had been investing in Tjx Cos Inc for a number of months, seems to be bullish on the $55.63B market cap company. The stock increased 0.97% or $0.85 during the last trading session, reaching $88.74. About 4.05 million shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since May 25, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Carlton Hofferkamp & Jenks Wealth Management Llc decreased its stake in General Electric Company (GE) by 35.83% based on its latest 2017Q4 regulatory filing with the SEC. Carlton Hofferkamp & Jenks Wealth Management Llc sold 29,847 shares as the company’s stock declined 23.20% with the market. The institutional investor held 53,462 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $932,000, down from 83,309 at the end of the previous reported quarter. Carlton Hofferkamp & Jenks Wealth Management Llc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $126.81 billion market cap company. The stock increased 2.96% or $0.42 during the last trading session, reaching $14.6. About 105.41 million shares traded or 44.18% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since May 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Carlton Hofferkamp & Jenks Wealth Management Llc, which manages about $218.19 million and $159.54 million US Long portfolio, upped its stake in Vanguard Total Stock Mkt (VTI) by 4,200 shares to 11,150 shares, valued at $1.53M in 2017Q4, according to the filing.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 earnings per share, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.28 P/E if the $0.18 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It fall, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Sand Hill Glob Limited Liability owns 12,442 shares. Clear Harbor Asset Ltd Liability Company reported 0.05% of its portfolio in General Electric Company (NYSE:GE). Long Road Inv Counsel Limited Liability Com reported 1.5% in General Electric Company (NYSE:GE). Ellington Management Ltd Com accumulated 16,900 shares or 0.05% of the stock. Chemical National Bank & Trust owns 182,446 shares for 0.34% of their portfolio. Pekin Singer Strauss Asset Management Il has invested 0.46% of its portfolio in General Electric Company (NYSE:GE). Solaris Asset Ltd Liability Co has 0.33% invested in General Electric Company (NYSE:GE). American National Registered Investment Advisor Incorporated has 83,532 shares. Zacks Management has invested 0.01% in General Electric Company (NYSE:GE). Sage Financial reported 0.01% stake. 437,076 are held by Parthenon Ltd. The New York-based Chemung Canal Trust Company has invested 0.49% in General Electric Company (NYSE:GE). California-based Telos has invested 0.77% in General Electric Company (NYSE:GE). Grassi Investment Mgmt owns 54,900 shares for 0.16% of their portfolio. Fayez Sarofim And Com, a Texas-based fund reported 94,409 shares.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE’s Share Slide – A Buying Opportunity” on May 24, 2018, also Seekingalpha.com with their article: “Baker Hughes General Electric Is Up Over 30% Since The February Low – Is GE Getting The Message?” published on May 24, 2018, Seekingalpha.com published: “General Electric’s Brilliant Move” on May 23, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric: Trifecta Of Bad News” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “GE Deflocks From The S&P 500” with publication date: May 25, 2018.

Since January 26, 2018, it had 1 insider purchase, and 0 sales for $43,446 activity.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. Bernstein downgraded General Electric Company (NYSE:GE) on Monday, April 4 to “Market Perform” rating. Tigress Financial maintained the stock with “Hold” rating in Thursday, December 28 report. The firm has “Sell” rating by Deutsche Bank given on Monday, October 30. As per Wednesday, March 28, the company rating was downgraded by DZ Bank. Cowen & Co maintained the shares of GE in report on Monday, July 17 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 10. The firm has “Buy” rating by Langenberg given on Monday, November 13. Deutsche Bank maintained it with “Sell” rating and $21.0 target in Monday, September 11 report. The firm has “Underweight” rating by JP Morgan given on Thursday, May 12. The firm has “Equal-Weight” rating given on Thursday, October 6 by Morgan Stanley.

Nichols & Pratt Advisers Llp, which manages about $1.58 billion and $1.15 billion US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 8,481 shares to 259,094 shares, valued at $17.50 million in 2017Q4, according to the filing. It also reduced its holding in Emerson Elec Co (NYSE:EMR) by 9,748 shares in the quarter, leaving it with 544,505 shares, and cut its stake in Abbott Labs (NYSE:ABT).

Since March 1, 2018, it had 0 buys, and 7 selling transactions for $17.01 million activity. The insider Goldenberg Scott sold $1.36 million. The insider MEYROWITZ CAROL sold 132,262 shares worth $11.08M. 20,000 The TJX Companies, Inc. (NYSE:TJX) shares with value of $1.67M were sold by Sherr Richard. Shares for $82,805 were sold by LANE AMY B on Thursday, March 1.

Among 30 analysts covering The TJX Companies (NYSE:TJX), 25 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. The TJX Companies had 85 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Thursday, March 1. The stock has “Buy” rating by Cowen & Co on Thursday, September 28. RBC Capital Markets maintained The TJX Companies, Inc. (NYSE:TJX) rating on Monday, June 19. RBC Capital Markets has “Buy” rating and $7900 target. The rating was maintained by Susquehanna on Wednesday, February 28 with “Buy”. Northcoast maintained the shares of TJX in report on Friday, March 2 with “Buy” rating. The firm has “Buy” rating given on Thursday, March 1 by Deutsche Bank. On Wednesday, August 16 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, November 16. The firm has “Outperform” rating by Bernstein given on Wednesday, May 18. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, August 15.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Fool.com which released: “Kohl’s and TJX Deliver Strong Q1 Results” on May 23, 2018, also Fool.com with their article: “TJX Companies Inc. (TJX) Q1 2019 Earnings Conference Call Transcript” published on May 22, 2018, Fool.com published: “TJX Companies Gets the Job Done in the First Quarter” on May 23, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: 247Wallst.com and their article: “Should TJX Be Seeing a Bigger Boost From Earnings?” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “TJX Companies And The Market’s Double Standard” with publication date: May 23, 2018.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.07, from 1 in 2017Q3. It increased, 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. Hoertkorn Richard Charles stated it has 536 shares. Private Advisor Gru Limited Liability Corp has 23,982 shares for 0.08% of their portfolio. Aperio Ltd reported 0.25% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Glg Prns Limited Partnership reported 0.02% in The TJX Companies, Inc. (NYSE:TJX). Everett Harris And Ca has invested 1.29% in The TJX Companies, Inc. (NYSE:TJX). Fisher Asset Limited Liability has 0% invested in The TJX Companies, Inc. (NYSE:TJX). Oppenheimer Asset Management holds 0.25% in The TJX Companies, Inc. (NYSE:TJX) or 127,961 shares. Oregon-based M Hldgs Secs Inc has invested 1.77% in The TJX Companies, Inc. (NYSE:TJX). Andra Ap invested in 286,605 shares or 0.5% of the stock. Novare Cap Management Llc holds 0.26% of its portfolio in The TJX Companies, Inc. (NYSE:TJX) for 20,178 shares. Aqr Ltd Limited Liability Company reported 0.18% in The TJX Companies, Inc. (NYSE:TJX). Advsr Asset Mngmt Incorporated accumulated 0.07% or 55,397 shares. Noesis Cap Mangement Corporation holds 0.07% or 2,756 shares. Steinberg Glob Asset Mgmt has 0.1% invested in The TJX Companies, Inc. (NYSE:TJX). Clifford Swan Invest Counsel Limited Liability Company has invested 0.2% in The TJX Companies, Inc. (NYSE:TJX).

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>