Investors bought shares of The TJX Cos. (NYSE:TJX) on weakness during trading on Tuesday. $40.79 million flowed into the stock on the tick-up and $30.13 million flowed out of the stock on the tick-down, for a money net flow of $10.66 million into the stock. Of all equities tracked, The TJX Cos. had the 27th highest net in-flow for the day. The TJX Cos. traded down ($0.24) for the day and closed at $78.51

A number of brokerages recently weighed in on TJX. Deutsche Bank AG reiterated a “buy” rating on shares of The TJX Cos. in a research note on Thursday, April 14th. Stifel Nicolaus reiterated a “buy” rating and set a $85.00 price target on shares of The TJX Cos. in a research note on Tuesday, May 17th. Citigroup Inc. reiterated a “buy” rating and set a $88.00 price target on shares of The TJX Cos. in a research note on Tuesday, May 17th. Zacks Investment Research upgraded shares of The TJX Cos. from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Monday, May 2nd. Finally, Vetr upgraded shares of The TJX Cos. from a “hold” rating to a “buy” rating and set a $79.66 price target for the company in a research note on Monday, April 11th. Three research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $83.30.

The stock has a market capitalization of $51.90 billion and a price-to-earnings ratio of 23.06. The company has a 50 day moving average price of $76.51 and a 200 day moving average price of $74.58.

The TJX Cos. (NYSE:TJX) last released its quarterly earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 EPS for the quarter, topping the consensus estimate of $0.71 by $0.05. The firm had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter in the prior year, the company posted $0.69 EPS. The firm’s revenue was up 9.9% on a year-over-year basis. Analysts predict that The TJX Cos. will post $3.48 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Thursday, August 11th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $1.04 annualized dividend and a dividend yield of 1.32%.

In related news, CFO Scott Goldenberg sold 17,393 shares of the stock in a transaction dated Monday, April 18th. The shares were sold at an average price of $77.15, for a total value of $1,341,869.95. Following the completion of the transaction, the chief financial officer now owns 112,964 shares in the company, valued at approximately $8,715,172.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jose B. Alvarez sold 1,158 shares of the stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of $76.51, for a total transaction of $88,598.58. Following the completion of the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $53,557. The disclosure for this sale can be found here.

A number of institutional investors recently made changes to their positions in TJX. Employees Retirement System of Texas raised its position in shares of The TJX Cos. by 127.3% in the fourth quarter. Employees Retirement System of Texas now owns 84,100 shares of the apparel and home fashions retailer’s stock worth $5,964,000 after buying an additional 47,100 shares in the last quarter. Genesee Valley Trust Co. raised its position in shares of The TJX Cos. by 4.1% in the fourth quarter. Genesee Valley Trust Co. now owns 21,128 shares of the apparel and home fashions retailer’s stock worth $1,498,000 after buying an additional 824 shares in the last quarter. Ashburton Jersey Ltd bought a new position in shares of The TJX Cos. during the fourth quarter worth about $6,242,000. Stack Financial Management Inc raised its position in shares of The TJX Cos. by 0.5% in the fourth quarter. Stack Financial Management Inc now owns 290,216 shares of the apparel and home fashions retailer’s stock worth $20,579,000 after buying an additional 1,475 shares in the last quarter. Finally, Gluskin Sheff & Assoc Inc. bought a new position in shares of The TJX Cos. during the fourth quarter worth about $2,574,000.

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States are collectively the off-price retailer in the United States with a total of approximately 2,163 stores.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.