Selective Insurance Group, Inc. (SIGI) Forms $59.10 Double Top; Johnson Investment Counsel Raised Tjx Companies (TJX) Holding

April 16, 2018 - By Martha Paddon

Selective Insurance Group, Inc. (NASDAQ:SIGI) Logo

Selective Insurance Group, Inc. (SIGI) formed double top with $62.65 target or 6.00% above today’s $59.10 share price. Selective Insurance Group, Inc. (SIGI) has $3.47B valuation. The stock decreased 0.67% or $0.4 during the last trading session, reaching $59.1. About 111,687 shares traded. Selective Insurance Group, Inc. (NASDAQ:SIGI) has risen 26.95% since April 16, 2017 and is uptrending. It has outperformed by 15.40% the S&P500.

Johnson Investment Counsel Inc increased Tjx Companies (TJX) stake by 9.19% reported in 2017Q4 SEC filing. Johnson Investment Counsel Inc acquired 54,630 shares as Tjx Companies (TJX)’s stock rose 5.50%. The Johnson Investment Counsel Inc holds 649,159 shares with $49.63M value, up from 594,529 last quarter. Tjx Companies now has $50.96 billion valuation. The stock decreased 1.54% or $1.27 during the last trading session, reaching $81.26. About 3.95 million shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since April 16, 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 improved, 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. Federated Invsts Inc Pa owns 0.18% invested in The TJX Companies, Inc. (NYSE:TJX) for 826,739 shares. Hightower Advisors Ltd Liability invested in 101,616 shares or 0.06% of the stock. Coastline Tru reported 8,705 shares. Group One Trading LP has 0.01% invested in The TJX Companies, Inc. (NYSE:TJX) for 23,079 shares. Qci Asset Mgmt Inc, New York-based fund reported 166,051 shares. Town And Country Bank And Dba First Bankers invested in 0.19% or 5,031 shares. Paragon Limited Liability Corporation holds 3.43% in The TJX Companies, Inc. (NYSE:TJX) or 136,177 shares. Congress Asset Mngmt Ma reported 0.83% in The TJX Companies, Inc. (NYSE:TJX). Ims Cap Management stated it has 0.77% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). British Columbia Inv Management has invested 0.2% in The TJX Companies, Inc. (NYSE:TJX). Addenda holds 100,411 shares or 0.53% of its portfolio. Mu Invests holds 3.95% in The TJX Companies, Inc. (NYSE:TJX) or 75,520 shares. Meiji Yasuda Asset Mngmt Limited has invested 0.4% in The TJX Companies, Inc. (NYSE:TJX). Institute For Wealth Management Llc stated it has 3,964 shares or 0.07% of all its holdings. Zwj Invest Counsel invested in 0.03% or 4,421 shares.

Since March 1, 2018, it had 0 insider buys, and 5 sales for $13.98 million activity. Shares for $840,000 were sold by Herrman Ernie on Tuesday, March 6. MEYROWITZ CAROL had sold 132,262 shares worth $11.08 million. Another trade for 1,000 shares valued at $82,805 was made by LANE AMY B on Thursday, March 1.

Johnson Investment Counsel Inc decreased Coca Cola Company (NYSE:KO) stake by 6,850 shares to 959,154 valued at $44.01M in 2017Q4. It also reduced Alphamark Actively Managed Small stake by 14,668 shares and now owns 42,420 shares. Ishares Russell 3000 Index (IWV) was reduced too.

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 81 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, February 25 by Wedbush. On Wednesday, July 12 the stock rating was maintained by BMO Capital Markets with “Buy”. RBC Capital Markets maintained it with “Buy” rating and $7900 target in Monday, July 24 report. UBS maintained the stock with “Buy” rating in Wednesday, August 19 report. M Partners upgraded the shares of TJX in report on Thursday, September 17 to “Buy” rating. The firm has “Buy” rating given on Thursday, March 1 by Deutsche Bank. Wolfe Research maintained The TJX Companies, Inc. (NYSE:TJX) on Thursday, February 25 with “Outperform” rating. The stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given on Tuesday, August 15 by Cowen & Co. Nomura maintained The TJX Companies, Inc. (NYSE:TJX) on Wednesday, January 17 with “Buy” rating. The stock of The TJX Companies, Inc. (NYSE:TJX) has “Buy” rating given on Tuesday, August 18 by Stifel Nicolaus.

Analysts await Selective Insurance Group, Inc. (NASDAQ:SIGI) to report earnings on April, 25. They expect $0.94 EPS, up 9.30% or $0.08 from last year’s $0.86 per share. SIGI’s profit will be $55.22M for 15.72 P/E if the $0.94 EPS becomes a reality. After $0.86 actual EPS reported by Selective Insurance Group, Inc. for the previous quarter, Wall Street now forecasts 9.30% EPS growth.

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