The Manufacturers Life Insurance Company Sells 59,844 Shares of The TJX Companies, Inc. $TJX
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in The TJX Companies, Inc. by 6.4% in the second quarter, selling 59,844 shares and retaining 869,113 shares valued at $131.7 million. Despite the institutional selling, TJX shares trade near their 12-month low, and the company exceeded quarterly earnings and revenue expectations. Analysts maintain a "Moderate Buy" consensus with an average price target of $171.63, suggesting potential upside.
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