Tjx Companies (TJX) Shareholder Bluespruce Investments LP Has Increased Stake by $2.81 Million as Share Value Rose; Palouse Capital Management Has Lifted Its Hospitality Pptys Tr (HPT) Position by $490,200; Stock Price Rose

June 19, 2018 - By Marguerite Chambers

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

Palouse Capital Management Inc increased its stake in Hospitality Pptys Tr (HPT) by 21.24% based on its latest 2018Q1 regulatory filing with the SEC. Palouse Capital Management Inc bought 19,608 shares as the company’s stock rose 8.97% while stock markets declined. The institutional investor held 111,925 shares of the real estate investment trusts company at the end of 2018Q1, valued at $2.84M, up from 92,317 at the end of the previous reported quarter. Palouse Capital Management Inc who had been investing in Hospitality Pptys Tr for a number of months, seems to be bullish on the $4.67B market cap company. The stock decreased 0.21% or $0.06 during the last trading session, reaching $28.39. About 348,626 shares traded. Hospitality Properties Trust (NYSE:HPT) has declined 1.27% since June 19, 2017 and is downtrending. It has underperformed by 13.84% the S&P500. Some Historical HPT News: 19/04/2018 – DJ Hospitality Properties Trust, Inst Holders, 1Q 2018 (HPT); 19/03/2018 – Investor Expectations to Drive Momentum within Hospitality Properties Trust, Pioneer Energy Services, El Paso Electric, Avid Bi; 19/04/2018 – HOSPITALITY PROPERTIES BOOSTS QTR DIV TO 53C/SHR, FROM 52C; 12/03/2018 – Hitachi Power Tools Renames to Metabo HPT in North America; 10/05/2018 – HPT EXTENDS MATURITIES, CHANGES PRICING ON $1.4B CREDIT LINES; 13/04/2018 – Hospitality Properties Trust Names John G. Murray as Managing Trustee; 09/05/2018 – HOSPITALITY PROPERTIES 1Q COMP HOTEL REVPAR +2%; 10/05/2018 – Hospitality Properties Trust Extends Maturities and Improves Pricing on $1.4B of Credit Facilities; 09/05/2018 – HOSPITALITY PROPERTIES 1Q REV. $528.6M, EST. $522.7M; 10/05/2018 – HOSPITALITY PROPERTIES TRUST -AMENDED AGREEMENT INCLUDES THAT IN SOME CONDITIONS, MAXIMUM COMMITMENTS, BORROWINGS MAY BE INCREASED TO UP TO $2.3 BLN

Bluespruce Investments Lp increased its stake in Tjx Companies Inc (TJX) by 4.52% based on its latest 2018Q1 regulatory filing with the SEC. Bluespruce Investments Lp bought 34,729 shares as the company’s stock rose 11.74% while stock markets declined. The hedge fund held 803,889 shares of the consumer services company at the end of 2018Q1, valued at $65.57 million, up from 769,160 at the end of the previous reported quarter. Bluespruce Investments Lp who had been investing in Tjx Companies Inc for a number of months, seems to be bullish on the $59.99 billion market cap company. The stock increased 0.83% or $0.79 during the last trading session, reaching $95.96. About 3.83 million shares traded or 3.91% up from the average. The TJX Companies, Inc. (NYSE:TJX) has risen 16.90% since June 19, 2017 and is uptrending. It has outperformed by 4.33% the S&P500. Some Historical TJX News: 22/05/2018 – TJX COMPANIES INC QTRLY ADJUSTED DILUTED EPS OF $0.96; 12/03/2018 TJX COMPANIES INC TJX.N : CREDIT SUISSE STARTS WITH NEUTRAL RATING; $85 TARGET PRICE; 04/04/2018 – TJX Cos Raises Dividend to 39c; 29/05/2018 – Urban League of Eastern Massachusetts Partners with TJX and Jobcase for the Seventh Annual Jobs Rebuild Boston Community Conference and Career Fair, One of Boston’s Largest Annual Job Fairs; 22/05/2018 – TJX Cos Sees 2Q EPS $1.02-EPS $1.04; 22/05/2018 – TJX Cos Sees FY19 EPS $4.75-EPS $4.83; 22/05/2018 – TJX Cos 1Q Net $716.4M; 04/04/2018 – TJX COMPANIES – PLAN TO INCREASE SHARE BUYBACK PROGRAM, WITH APPROXIMATELY $2.5 TO $3.0 BLN OF REPURCHASES PLANNED FOR FISCAL 2019; 29/05/2018 – Urban League of Eastern Massachusetts Partners with TJX and Jobcase for the Seventh Annual Jobs Rebuild Boston Community Confer; 04/04/2018 – TJX COMPANIES SAYS IS EXPECTING SUBSTANTIAL CASH BENEFIT FROM RECENT CHANGES IN U.S. FEDERAL TAX LAW

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.16, from 1.07 in 2017Q4. It is negative, as 64 investors sold TJX shares while 387 reduced holdings. 99 funds opened positions while 311 raised stakes. 535.05 million shares or 1.96% less from 545.74 million shares in 2017Q4 were reported. Coastline invested 0.16% in The TJX Companies, Inc. (NYSE:TJX). Massmutual Fsb Adv has 0% invested in The TJX Companies, Inc. (NYSE:TJX) for 520 shares. Saturna Capital holds 1.86% in The TJX Companies, Inc. (NYSE:TJX) or 716,755 shares. Smithfield Tru Communications has 9,379 shares for 0.09% of their portfolio. Fiduciary Wi invested in 7.92 million shares. Legacy Private Co, Wisconsin-based fund reported 6,397 shares. Blume Management Inc owns 38,855 shares or 1.76% of their US portfolio. Cohen And Steers Inc reported 88,988 shares stake. Cannell Peter B And Com reported 350,565 shares. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma reported 2.42 million shares. Janney Montgomery Scott Ltd Liability Com reported 73,728 shares or 0.06% of all its holdings. Comerica National Bank reported 314,123 shares stake. Quantbot Technology Limited Partnership stated it has 48,327 shares. 38,644 were accumulated by Nbt Natl Bank N A. Bb&T Lc holds 0.08% of its portfolio in The TJX Companies, Inc. (NYSE:TJX) for 82,825 shares.

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 87 analyst reports since August 10, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of TJX in report on Wednesday, July 12 with “Buy” rating. The firm earned “Buy” rating on Thursday, March 1 by Nomura. The rating was initiated by Miller Tabak on Friday, June 24 with “Buy”. The company was maintained on Thursday, March 1 by Deutsche Bank. RBC Capital Markets maintained it with “Buy” rating and $76.0 target in Monday, September 18 report. Nomura maintained The TJX Companies, Inc. (NYSE:TJX) rating on Wednesday, August 16. Nomura has “Buy” rating and $80 target. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 30. The company was initiated on Wednesday, October 7 by Citigroup. The company was upgraded on Thursday, September 7 by Northcoast. Wells Fargo downgraded The TJX Companies, Inc. (NYSE:TJX) on Wednesday, January 3 to “Market Perform” rating.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Fool.com which released: “Why TJX Companies Thinks It Will Thrive Through the Online Shopping Shift” on May 26, 2018, also Seekingalpha.com with their article: “TJX lifts full-year profit guidance” published on May 22, 2018, Fool.com published: “Kohl’s and TJX Deliver Strong Q1 Results” on May 23, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Seekingalpha.com and their article: “TJX Companies And The Market’s Double Standard” published on May 23, 2018 as well as Fool.com‘s news article titled: “4 Simple Reasons to Buy TJX Companies Stock” with publication date: May 24, 2018.

Since March 1, 2018, it had 0 insider purchases, and 9 insider sales for $17.25 million activity. On Wednesday, April 18 the insider Sherr Richard sold $1.67 million. Another trade for 500 shares valued at $44,025 was made by LANE AMY B on Wednesday, May 23. On Thursday, March 1 the insider MEYROWITZ CAROL sold $11.08 million. 16,344 shares were sold by Goldenberg Scott, worth $1.36M.

Investors sentiment decreased to 0.96 in Q1 2018. Its down 0.24, from 1.2 in 2017Q4. It dropped, as 39 investors sold HPT shares while 102 reduced holdings. 39 funds opened positions while 97 raised stakes. 116.87 million shares or 2.81% less from 120.25 million shares in 2017Q4 were reported. 82,238 are held by Stevens Cap Management Limited Partnership. Metropolitan Life Insur Company Ny has 56,210 shares. Moneta Group Advsrs Ltd invested in 730 shares. Arrow Inv Advsrs Ltd Limited Liability Company reported 19,016 shares. 73,434 were reported by Pensionfund Dsm Netherlands. Moreover, Independent Order Of Foresters has 0.5% invested in Hospitality Properties Trust (NASDAQ:HPT). Moreover, Tocqueville Asset Management Limited Partnership has 0.05% invested in Hospitality Properties Trust (NASDAQ:HPT). Palouse Mngmt Inc reported 0.94% stake. The New York-based Tower Research Limited Liability Company (Trc) has invested 0.02% in Hospitality Properties Trust (NASDAQ:HPT). Zurcher Kantonalbank (Zurich Cantonalbank) reported 16,478 shares or 0% of all its holdings. Hudock Gp Ltd Liability Corporation reported 0% in Hospitality Properties Trust (NASDAQ:HPT). Barclays Public Limited owns 0% invested in Hospitality Properties Trust (NASDAQ:HPT) for 147,791 shares. Telemus Ltd has invested 0.02% in Hospitality Properties Trust (NASDAQ:HPT). Moreover, Mackay Shields Ltd has 0.11% invested in Hospitality Properties Trust (NASDAQ:HPT). Daiwa invested in 21,300 shares or 0% of the stock.

Among 10 analysts covering Hospitality Properties Trust (NYSE:HPT), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Hospitality Properties Trust had 31 analyst reports since August 11, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Thursday, November 9 report. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, August 11. The stock of Hospitality Properties Trust (NASDAQ:HPT) earned “Hold” rating by Robert W. Baird on Tuesday, March 6. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, October 17. As per Friday, April 7, the company rating was maintained by JMP Securities. The firm has “Buy” rating by Stifel Nicolaus given on Monday, September 18. The rating was downgraded by Wells Fargo on Tuesday, December 19 to “Underperform”. The rating was downgraded by DA Davidson to “Hold” on Friday, March 2. The company was maintained on Monday, January 22 by FBR Capital. Stifel Nicolaus maintained the shares of HPT in report on Thursday, August 10 with “Buy” rating.

Another recent and important Hospitality Properties Trust (NASDAQ:HPT) news was published by Businesswire.com which published an article titled: “Hospitality Properties Trust to Present at Nareit REITweek: 2018 Investor Conference on June 6, 2018” on May 30, 2018.

Hospitality Properties Trust (NASDAQ:HPT) Institutional Positions Chart

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