Schwartz Investment Counsel Continues to Hold Stake in Tjx Cos New (TJX); Alpha Windward Has Lowered Its Piedmont Office Realty Tr In C (PDM) Position as Share Value Declined

May 22, 2018 - By Maria Brooks

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

Alpha Windward Llc decreased its stake in Piedmont Office Realty Tr In C (PDM) by 93.4% based on its latest 2017Q4 regulatory filing with the SEC. Alpha Windward Llc sold 23,241 shares as the company’s stock declined 12.10% with the market. The institutional investor held 1,642 shares of the consumer services company at the end of 2017Q4, valued at $32,000, down from 24,883 at the end of the previous reported quarter. Alpha Windward Llc who had been investing in Piedmont Office Realty Tr In C for a number of months, seems to be less bullish one the $2.35 billion market cap company. The stock increased 2.29% or $0.41 during the last trading session, reaching $18.34. About 1.45 million shares traded or 4.70% up from the average. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has declined 17.45% since May 22, 2017 and is downtrending. It has underperformed by 29.00% the S&P500.

Schwartz Investment Counsel Inc increased its stake in Tjx Cos Inc New (TJX) by 11.46% based on its latest 2017Q4 regulatory filing with the SEC. Schwartz Investment Counsel Inc bought 50,500 shares as the company’s stock rose 5.50% while stock markets declined. The institutional investor held 491,200 shares of the consumer services company at the end of 2017Q4, valued at $37.56 billion, up from 440,700 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Tjx Cos Inc New for a number of months, seems to be bullish on the $53.10B market cap company. The stock decreased 0.11% or $0.09 during the last trading session, reaching $84.7. About 4.96M shares traded or 22.24% up from the average. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since May 22, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

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. Atria Invs Limited Com invested in 9,208 shares or 0.03% of the stock. Mastrapasqua Asset Mgmt owns 12,875 shares. Vident Invest Advisory Limited Co invested in 0.03% or 8,375 shares. Magnetar Ltd Company invested 0.03% in The TJX Companies, Inc. (NYSE:TJX). 608,482 were reported by Williams Jones Limited Liability Corp. Pinebridge Lp invested in 0.38% or 193,885 shares. Utd Cap Advisers Ltd Liability reported 52,172 shares or 0.03% of all its holdings. Whittier Tru Co holds 0.55% in The TJX Companies, Inc. (NYSE:TJX) or 206,414 shares. Trust Of Virginia Va owns 44,852 shares or 0.48% of their US portfolio. Psagot Investment House Limited reported 32,025 shares. Vantage Advsr Ltd Co reported 103 shares stake. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 61,982 shares. Wg Shaheen And Assocs Dba Whitney And owns 16,025 shares or 0.35% of their US portfolio. Pennsylvania-based Smithbridge Asset De has invested 2.27% in The TJX Companies, Inc. (NYSE:TJX). 9,145 were accumulated by Patten Gp.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Benzinga.com which released: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” on May 21, 2018, also Seekingalpha.com with their article: “Spotlight On Gambling Reset And Banking Bill” published on May 19, 2018, Benzinga.com published: “Earnings Scheduled For May 22, 2018” on May 22, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Bizjournals.com and their article: “Layoffs hit Framingham corporate giants Staples, TJX, Genzyme” published on May 15, 2018 as well as Benzinga.com‘s news article titled: “10 Stocks To Watch For May 22, 2018” with publication date: May 22, 2018.

Schwartz Investment Counsel Inc, which manages about $1.74B and $1689.15B US Long portfolio, decreased its stake in 3M Co (NYSE:MMM) by 25,000 shares to 128,400 shares, valued at $30.22B in 2017Q4, according to the filing. It also reduced its holding in Noble Energy Inc (NYSE:NBL) by 50,000 shares in the quarter, leaving it with 220,300 shares, and cut its stake in Brown Forman Corp (NYSE:BF.B).

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 82 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Telsey Advisory Group on Wednesday, August 19. The rating was reinitiated by Wells Fargo with “Outperform” on Thursday, October 22. On Wednesday, February 28 the stock rating was maintained by Susquehanna with “Buy”. Jefferies maintained The TJX Companies, Inc. (NYSE:TJX) on Tuesday, August 15 with “Hold” rating. The firm has “Hold” rating by Jefferies given on Tuesday, November 14. Miller Tabak initiated it with “Buy” rating and $91 target in Friday, June 24 report. Stifel Nicolaus maintained the shares of TJX in report on Wednesday, November 16 with “Buy” rating. The company was upgraded on Tuesday, February 2 by BMO Capital Markets. M Partners upgraded The TJX Companies, Inc. (NYSE:TJX) on Thursday, September 17 to “Buy” rating. As per Friday, November 6, the company rating was initiated by RBC Capital Markets.

Since March 1, 2018, it had 0 insider purchases, and 7 insider sales for $17.01 million activity. Goldenberg Scott had sold 16,344 shares worth $1.36 million. LANE AMY B sold $82,805 worth of stock or 1,000 shares. MEYROWITZ CAROL also sold $11.08M worth of The TJX Companies, Inc. (NYSE:TJX) shares. The insider Sherr Richard sold 20,000 shares worth $1.67M.

Among 4 analysts covering Piedmont Office Realty Trust (NYSE:PDM), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Piedmont Office Realty Trust had 18 analyst reports since September 3, 2015 according to SRatingsIntel. Robert W. Baird downgraded the stock to “Neutral” rating in Thursday, January 7 report. The firm earned “Hold” rating on Thursday, November 2 by Stifel Nicolaus. Stifel Nicolaus downgraded the shares of PDM in report on Tuesday, March 13 to “Sell” rating. The firm has “Hold” rating given on Friday, February 9 by Stifel Nicolaus. DA Davidson maintained the shares of PDM in report on Tuesday, May 3 with “Neutral” rating. The firm has “Outperform” rating by Robert W. Baird given on Monday, August 28. The firm has “Sell” rating by Stifel Nicolaus given on Tuesday, May 10. Stifel Nicolaus upgraded the shares of PDM in report on Monday, January 23 to “Hold” rating. The stock has “Hold” rating by SunTrust on Tuesday, March 6. As per Monday, December 14, the company rating was downgraded by Stifel Nicolaus.

Another recent and important Piedmont Office Realty Trust, Inc. (NYSE:PDM) news was published by Seekingalpha.com which published an article titled: “Piedmont Office Realty Trust’s (PDM) CEO Don Miller on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018.

Since February 12, 2018, it had 3 insider buys, and 0 sales for $336,489 activity. Another trade for 2,800 shares valued at $49,840 was made by Smith Christopher Brent on Monday, February 12. BARRETT KELLY HEFNER bought $186,500 worth of Piedmont Office Realty Trust, Inc. (NYSE:PDM) on Friday, May 4.

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.26, from 1.52 in 2017Q3. It turned negative, as 25 investors sold PDM shares while 57 reduced holdings. 36 funds opened positions while 67 raised stakes. 115.88 million shares or 1.70% less from 117.88 million shares in 2017Q3 were reported. Solutions Ltd accumulated 460 shares. 19,560 are owned by Weatherstone Mgmt. France-based Capital Fund Mngmt Sa has invested 0.01% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Metropolitan Life Ins has 11,975 shares for 0% of their portfolio. Millennium Ltd Liability Corporation has 0.03% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Pnc Financial Group Incorporated has 0% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Schroder Inv Mngmt Group owns 17,812 shares. Ohio-based Bowling Mngmt Ltd Liability has invested 0.06% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Legal General Gp Public Ltd invested in 520,391 shares or 0.01% of the stock. Piedmont Investment Advsr Ltd Liability Co holds 82,991 shares. Tiaa Cref Invest Management holds 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 501,444 shares. Ubs Asset Americas holds 393,397 shares. Private Mngmt Grp Inc holds 0.55% or 544,909 shares. Amer Inc reported 0% stake. Strs Ohio reported 414,584 shares stake.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Institutional Positions Chart

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