AXQ Capital LP significantly reduced its stake in The TJX Companies by 64.9% in the third quarter, divesting 8,264 shares and retaining 4,460 shares valued at approximately $645,000. Despite this reduction, institutional ownership of TJX Companies remains high at 91.09%, with several other institutional investors increasing their holdings during the same period. Wall Street analysts maintain a positive outlook, with a consensus “Buy” rating and an average price target of $164.76 for TJX stock.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
AXQ Capital LP Reduces Position in The TJX Companies, Inc. $TJX
AXQ Capital LP significantly reduced its stake in The TJX Companies by 64.9% in the third quarter, divesting 8,264 shares and retaining 4,460 shares valued at approximately $645,000. Despite this reduction, institutional ownership of TJX Companies remains high at 91.09%, with several other institutional investors increasing their holdings during the same period. Wall Street analysts maintain a positive outlook, with a consensus “Buy” rating and an average price target of $164.76 for TJX stock.