Allspring Global Investments Holdings LLC Cuts Position in The TJX Companies, Inc. $TJX

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Allspring Global Investments Holdings LLC reduced its stake in The TJX Companies by 7.4% in the fourth quarter, selling 16,797 shares to hold a total of 209,783 shares valued at $32.37 million. Despite this, other hedge funds increased their positions, and the company recently declared an increased quarterly dividend of $0.48 per share. TJX Companies reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and has a consensus “Buy” rating from analysts with an average target price of $167.55.

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