Tjx Cos (TJX) Holding Held by 1St Source Bank; Omnicom Group (OMC) Valuation Declined While Jensen Investment Management Lowered by $36.71 Million Its Holding

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

Jensen Investment Management Inc decreased its stake in Omnicom Group Inc (OMC) by 16.25% based on its latest 2018Q4 regulatory filing with the SEC. Jensen Investment Management Inc sold 502,842 shares as the company’s stock declined 1.37% while stock markets rallied. The institutional investor held 2.59M shares of the advertising company at the end of 2018Q4, valued at $189.78 million, down from 3.09 million at the end of the previous reported quarter. Jensen Investment Management Inc who had been investing in Omnicom Group Inc for a number of months, seems to be less bullish one the $16.88B market cap company. The stock decreased 0.22% or $0.17 during the last trading session, reaching $75.47. About 2.12 million shares traded or 3.05% up from the average. Omnicom Group Inc. (NYSE:OMC) has risen 2.14% since March 17, 2018 and is uptrending. It has underperformed by 2.23% the S&P500. Some Historical OMC News: 17/04/2018 – DUNKIN’ BRANDS – AWARDING RESPONSIBILITY FOR RETAIL AND IN-STORE MARKETING TO ARC/LEO BURNETT; 15/03/2018 – TBWA Dominates Dubai Lynx International Festival Of Creativity; 17/04/2018 – Omnicom holds steady in tough market for advertising groups; 30/04/2018 – sparks & honey’s Industry Defining Business Practices Featured in Deloitte’s Recent Case Study; 27/03/2018 – Omnicom to Buy Elsevier’s Pharma Communications Business in Japan; 22/03/2018 – CMO Today: Zuckerberg Responds; Omnicom Launches Its Own Upfront; YouTube Increases Music Video Ad Load; 23/05/2018 – Porter Novelli enlisted to support The Economist’s Pride and Prejudice Event; 18/04/2018 – Omnicom Names Mark O’Brien as Oper Chief of Brand Consulting Group; 15/05/2018 – Omnicom Presenting at JPMorgan Conference Tomorrow; 23/05/2018 – Omnicom Closes Below 200-Day Moving Average: Technicals

1St Source Bank increased its stake in Tjx Cos Inc (TJX) by 71.78% based on its latest 2018Q4 regulatory filing with the SEC. 1St Source Bank bought 20,317 shares as the company’s stock rose 7.44% with the market. The institutional investor held 48,620 shares of the consumer services company at the end of 2018Q4, valued at $2.18M, up from 28,303 at the end of the previous reported quarter. 1St Source Bank who had been investing in Tjx Cos Inc for a number of months, seems to be bullish on the $63.84 billion market cap company. The stock decreased 0.63% or $0.33 during the last trading session, reaching $51.77. About 8.43 million shares traded or 23.11% up from the average. The TJX Companies, Inc. (NYSE:TJX) has risen 24.12% since March 17, 2018 and is uptrending. It has outperformed by 19.75% the S&P500.

Analysts await Omnicom Group Inc. (NYSE:OMC) to report earnings on April, 16. They expect $1.08 earnings per share, down 5.26% or $0.06 from last year’s $1.14 per share. OMC’s profit will be $241.59 million for 17.47 P/E if the $1.08 EPS becomes a reality. After $1.77 actual earnings per share reported by Omnicom Group Inc. for the previous quarter, Wall Street now forecasts -38.98% negative EPS growth.

More notable recent Omnicom Group Inc. (NYSE:OMC) news were published by: Streetinsider.com which released: “Omnicom Group (OMC) Announces Divestiture of MarketStar – StreetInsider.com” on March 05, 2019, also Gurufocus.com with their article: “Omnicom Agencies Continue to Champion LGBTQ+ Inclusion – GuruFocus.com” published on February 28, 2019, Gurufocus.com published: “Caio Bamberg Named CEO of Ketchum Brazil – GuruFocus.com” on March 14, 2019. More interesting news about Omnicom Group Inc. (NYSE:OMC) were released by: Prnewswire.com and their article: “Scott Kavanagh Joins TBWA As Managing Director, Nissan United US – PRNewswire” published on March 14, 2019 as well as Globenewswire.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Facebook, Kellogg, Omnicom Group, Universal Health Services, Shutterstock, and Antero Midstream Partners LP — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” with publication date: March 04, 2019.

Jensen Investment Management Inc, which manages about $7.21B and $7.07B US Long portfolio, upped its stake in Alphabet Inc Cap Stk Cl A by 4,467 shares to 221,386 shares, valued at $231.34M in 2018Q4, according to the filing. It also increased its holding in Cognizant Tech Solutions (NASDAQ:CTSH) by 9,485 shares in the quarter, for a total of 2.85M shares, and has risen its stake in Mastercard Inc. (NYSE:MA).

Investors sentiment increased to 0.97 in 2018 Q4. Its up 0.14, from 0.83 in 2018Q3. It is positive, as 47 investors sold OMC shares while 211 reduced holdings. 77 funds opened positions while 174 raised stakes. 225.06 million shares or 0.69% less from 226.63 million shares in 2018Q3 were reported. Davis R M Inc has invested 0.07% in Omnicom Group Inc. (NYSE:OMC). Howard Capital Management, a New York-based fund reported 3,412 shares. Comerica Commercial Bank holds 0.03% or 44,643 shares. Trillium Asset Limited Liability Corporation reported 0.75% stake. Norinchukin Bancshares The has 0.04% invested in Omnicom Group Inc. (NYSE:OMC) for 42,259 shares. Bryn Mawr Tru holds 3,166 shares. 31,012 were reported by Etrade Mngmt Limited. M&T Bancshares has invested 0.12% in Omnicom Group Inc. (NYSE:OMC). Moreover, First Personal Financial Services has 0.01% invested in Omnicom Group Inc. (NYSE:OMC). Sigma Planning accumulated 0.03% or 5,404 shares. Provise Management Gp Ltd Liability Com has 6,018 shares. Advisor Partners Ltd Com reported 7,680 shares or 0.09% of all its holdings. 9,748 were accumulated by Kentucky Retirement. Csat Advisory Lp, a Michigan-based fund reported 197 shares. Ubs Asset Management Americas accumulated 1.14 million shares.

Since October 18, 2018, it had 0 buys, and 4 sales for $1.10 million activity. Hewitt Dennis E. sold $37,924 worth of stock or 500 shares. The insider RICE LINDA JOHNSON sold $40,657.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: Streetinsider.com which released: “TJX Cos. (TJX) Reports In-Line Q4 EPS, Offers FY and Q1 Guidance; Plans Increased Dividend, Buyback – StreetInsider.com” on February 27, 2019, also Fool.com with their article: “Is TJX Companies a Buy? – The Motley Fool” published on March 16, 2019, Fool.com published: “TJX Companies Is Confident It’s Capturing Market Share – Motley Fool” on February 27, 2019. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Benzinga.com and their article: “TJX Companies, Inc. (The) (NYSE:TJX) – TJX Companies Q4 Earnings Preview – Benzinga” published on February 26, 2019 as well as Fool.com‘s news article titled: “Ross Stores Ends 2018 With a Solid Fourth Quarter – Motley Fool” with publication date: March 07, 2019.

1St Source Bank, which manages about $1.03 billion US Long portfolio, decreased its stake in Ishares Russell 1000 Growth Et (IWF) by 55,790 shares to 679,594 shares, valued at $88.97M in 2018Q4, according to the filing. It also reduced its holding in Automatic Data Processing Inc (NASDAQ:ADP) by 2,334 shares in the quarter, leaving it with 43,656 shares, and cut its stake in Home Depot Inc (NYSE:HD).

Investors sentiment increased to 8.34 in 2018 Q4. Its up 7.36, from 0.98 in 2018Q3. It increased, as 69 investors sold TJX shares while 37 reduced holdings. 114 funds opened positions while 770 raised stakes. 2.12 billion shares or 310.23% more from 517.51 million shares in 2018Q3 were reported. Atria Invs Ltd reported 0.06% stake. Hall Laurie J Trustee accumulated 23,300 shares. Steinberg Glob Asset Mngmt holds 14,200 shares. City holds 0.03% in The TJX Companies, Inc. (NYSE:TJX) or 2,396 shares. Winch Advisory Serv Ltd Liability accumulated 349 shares. Strategic Svcs, New York-based fund reported 98,300 shares. 53,174 were accumulated by Sheets Smith Wealth. Fulton Breakefield Broenniman Ltd Liability has invested 1.94% in The TJX Companies, Inc. (NYSE:TJX). Green Valley Invsts Ltd Llc has invested 2.54% in The TJX Companies, Inc. (NYSE:TJX). Logan Capital Mgmt Inc invested in 29,305 shares. Jensen has 3.17 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.12% stake. Kopp Invest Limited holds 12,937 shares. Los Angeles Capital Equity Inc holds 0.28% of its portfolio in The TJX Companies, Inc. (NYSE:TJX) for 991,156 shares. 1St Source Natl Bank holds 0.21% or 48,620 shares in its portfolio.

Omnicom Group Inc. (NYSE:OMC) Institutional Positions Chart