Applied Matls (AMAT) Holder Liberty Mutual Group Asset Management Decreased Its Holding as Stock Price Rose; Pictet & Cie Europe Sa Has Trimmed Tjx Cos New (TJX) Stake by $697,756

April 20, 2018 - By Adrian Mccoy

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

Pictet & Cie Europe Sa decreased its stake in Tjx Cos Inc New (TJX) by 31.92% based on its latest 2017Q4 regulatory filing with the SEC. Pictet & Cie Europe Sa sold 9,181 shares as the company’s stock rose 5.50% while stock markets declined. The institutional investor held 19,579 shares of the consumer services company at the end of 2017Q4, valued at $1.50M, down from 28,760 at the end of the previous reported quarter. Pictet & Cie Europe Sa who had been investing in Tjx Cos Inc New for a number of months, seems to be less bullish one the $51.57 billion market cap company. The stock decreased 0.48% or $0.4 during the last trading session, reaching $82.24. About 997,720 shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since April 20, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Liberty Mutual Group Asset Management Inc decreased its stake in Applied Matls Inc (AMAT) by 21.61% based on its latest 2017Q4 regulatory filing with the SEC. Liberty Mutual Group Asset Management Inc sold 11,715 shares as the company’s stock rose 6.49% while stock markets declined. The institutional investor held 42,506 shares of the technology company at the end of 2017Q4, valued at $2.17 million, down from 54,221 at the end of the previous reported quarter. Liberty Mutual Group Asset Management Inc who had been investing in Applied Matls Inc for a number of months, seems to be less bullish one the $53.54 billion market cap company. The stock decreased 0.45% or $0.23 during the last trading session, reaching $50.96. About 5.84 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since April 20, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on May, 17. They expect $1.13 earnings per share, up 43.04% or $0.34 from last year’s $0.79 per share. AMAT’s profit will be $1.19B for 11.27 P/E if the $1.13 EPS becomes a reality. After $1.06 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 6.60% EPS growth.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.20, from 1.06 in 2017Q3. It worsened, as 52 investors sold AMAT shares while 367 reduced holdings. 113 funds opened positions while 249 raised stakes. 797.20 million shares or 1.72% less from 811.15 million shares in 2017Q3 were reported. The Virginia-based Burney has invested 0.09% in Applied Materials, Inc. (NASDAQ:AMAT). Gabelli Funds Ltd Liability Corporation owns 87,000 shares. Moreover, Ontario Teachers Pension Plan Board has 0.04% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 60,869 shares. Spirit Of America Management Ny owns 19,800 shares for 0.11% of their portfolio. Thornburg Investment Management has 0.09% invested in Applied Materials, Inc. (NASDAQ:AMAT). Commerzbank Aktiengesellschaft Fi holds 0.16% or 245,058 shares in its portfolio. 1.78M were accumulated by Point72 Asset Limited Partnership. Gam Ag stated it has 29,775 shares. Horseman Cap Ltd invested in 40,000 shares or 0.43% of the stock. Sumitomo Life Ins owns 31,991 shares. United Fincl Advisers Ltd Liability holds 56,900 shares. 13,300 were reported by Telemus Limited Liability Corp. Kames Cap Public Ltd Company invested in 32,249 shares. The Massachusetts-based Fiduciary Trust has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Arcadia Invest Mngmt Corporation Mi owns 1,625 shares.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 120 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 15. RBC Capital Markets upgraded the stock to “Outperform” rating in Monday, September 18 report. The rating was maintained by Craig Hallum with “Buy” on Monday, September 18. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Positive” rating by Susquehanna on Tuesday, January 16. Deutsche Bank maintained the shares of AMAT in report on Friday, August 18 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 19 by Credit Agricole. As per Friday, February 19, the company rating was maintained by B. Riley & Co. The firm earned “Buy” rating on Friday, November 17 by RBC Capital Markets. Nomura upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Monday, October 26 to “Buy” rating. The firm has “Buy” rating by Needham given on Monday, September 18.

Liberty Mutual Group Asset Management Inc, which manages about $3.42 billion US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 2,490 shares to 4,458 shares, valued at $1.63 million in 2017Q4, according to the filing. It also increased its holding in Graco Inc (NYSE:GGG) by 26,378 shares in the quarter, for a total of 42,645 shares, and has risen its stake in Cognex Corp (NASDAQ:CGNX).

Since December 29, 2017, it had 0 buys, and 4 sales for $10.41 million activity. Nalamasu Omkaram sold $2.83 million worth of Applied Materials, Inc. (NASDAQ:AMAT) on Tuesday, January 2. 15,000 shares valued at $922,050 were sold by Iannotti Thomas J on Thursday, March 8. The insider Salehpour Ali sold $6.44 million.

Since March 1, 2018, it had 0 insider purchases, and 5 sales for $13.98 million activity. 132,262 shares valued at $11.08M were sold by MEYROWITZ CAROL on Thursday, March 1. Another trade for 1,000 shares valued at $82,805 was made by LANE AMY B on Thursday, March 1.

Pictet & Cie Europe Sa, which manages about $707.20M US Long portfolio, upped its stake in Bank Amer Corp (NYSE:BAC) by 53,200 shares to 101,866 shares, valued at $3.01 million in 2017Q4, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 9,565 shares in the quarter, for a total of 199,112 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

Among 29 analysts covering The TJX Companies (NYSE:TJX), 24 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. The TJX Companies had 81 analyst reports since August 10, 2015 according to SRatingsIntel. Susquehanna maintained The TJX Companies, Inc. (NYSE:TJX) rating on Tuesday, January 23. Susquehanna has “Buy” rating and $94.0 target. The stock has “Positive” rating by Susquehanna on Friday, February 10. BMO Capital Markets maintained the shares of TJX in report on Tuesday, September 26 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, August 19 by Telsey Advisory Group. Susquehanna maintained the stock with “Buy” rating in Wednesday, February 28 report. The rating was maintained by Guggenheim on Thursday, December 14 with “Buy”. RBC Capital Markets maintained The TJX Companies, Inc. (NYSE:TJX) rating on Monday, October 30. RBC Capital Markets has “Buy” rating and $76.0 target. The stock has “Buy” rating by M Partners on Thursday, September 17. The firm has “Buy” rating by Miller Tabak given on Friday, June 24. The stock has “Overweight” rating by Morgan Stanley on Wednesday, November 15.

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

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