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MAI Capital Management Buys 38,576 Shares of The TJX Companies, Inc. $TJX
MAI Capital Management increased its stake in The TJX Companies (NYSE:TJX) by 28.6% in the third quarter, purchasing 38,576 additional shares to bring its total holdings to 173,692 shares valued at approximately $25.11 million. This increase in institutional ownership comes amidst positive analyst revisions, including a raised price target from JPMorgan and reaffirmed “Buy” ratings from others. TJX also recently declared a quarterly dividend of $0.425 per share, reflecting an annualized payout of $1.70 and a 1.1% yield.