Nykredit A S Acquires Shares of 501,433 The TJX Companies, Inc. $TJX

Nykredit A/S acquired 501,433 shares of The TJX Companies, Inc. (NYSE:TJX) valued at $75.97 million during the second quarter, increasing institutional ownership to 91.09%. TJX reported strong quarterly earnings, beating analyst estimates, and declared a $0.48 quarterly dividend. Despite some insider selling and the stock opening near its 12-month low, analysts maintain a "Moderate Buy" consensus with an average price target of $171.63.