Shares of The TJX Cos. (NYSE:TJX) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $80.91 and last traded at $80.62, with a volume of 1,370,681 shares changing hands. The stock had previously closed at $79.83.

A number of research firms have issued reports on TJX. Zacks Investment Research lowered The TJX Cos. from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Deutsche Bank AG reaffirmed a “buy” rating on shares of The TJX Cos. in a report on Tuesday, June 14th. Miller Tabak began coverage on The TJX Cos. in a report on Friday, June 24th. They issued a “buy” rating and a $91.00 target price on the stock. Royal Bank Of Canada raised their target price on The TJX Cos. from $82.00 to $84.00 and gave the company an “outperform” rating in a report on Wednesday, May 18th. Finally, Vetr raised The TJX Cos. from a “hold” rating to a “buy” rating and set a $79.66 target price on the stock in a report on Monday, April 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-one have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $83.30.

The company has a market capitalization of $53.68 billion and a price-to-earnings ratio of 23.85. The company has a 50 day moving average price of $77.40 and a 200 day moving average price of $75.20.

The TJX Cos. (NYSE:TJX) last issued its quarterly earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.05. The company had revenue of $7.54 billion for the quarter, compared to analyst estimates of $7.29 billion. During the same period in the prior year, the company earned $0.69 EPS. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. Equities analysts anticipate that The TJX Cos. will post $3.48 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 11th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, August 9th.

In other The TJX Cos. news, Director Jose B. Alvarez sold 1,158 shares of the firm’s stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $76.51, for a total value of $88,598.58. Following the sale, the director now owns 700 shares of the company’s stock, valued at approximately $53,557. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Carol Meyrowitz sold 64,160 shares of the firm’s stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $76.56, for a total value of $4,912,089.60. Following the completion of the sale, the chairman now directly owns 336,231 shares in the company, valued at approximately $25,741,845.36. The disclosure for this sale can be found here.

Other large investors have modified their holdings of the company. Arrow Financial Corp increased its stake in shares of The TJX Cos. by 0.3% in the fourth quarter. Arrow Financial Corp now owns 23,298 shares of the apparel and home fashions retailer’s stock worth $1,652,000 after buying an additional 72 shares in the last quarter. Investors Capital Advisory Services increased its stake in shares of The TJX Cos. by 0.7% in the fourth quarter. Investors Capital Advisory Services now owns 20,633 shares of the apparel and home fashions retailer’s stock worth $1,462,000 after buying an additional 147 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of The TJX Cos. by 0.4% in the fourth quarter. Ameritas Investment Partners Inc. now owns 67,895 shares of the apparel and home fashions retailer’s stock worth $4,813,000 after buying an additional 257 shares in the last quarter. Harfst & Associates Inc. increased its stake in shares of The TJX Cos. by 1.3% in the fourth quarter. Harfst & Associates Inc. now owns 27,861 shares of the apparel and home fashions retailer’s stock worth $1,975,000 after buying an additional 350 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of The TJX Cos. by 1.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,744 shares of the apparel and home fashions retailer’s stock worth $3,102,000 after buying an additional 416 shares during the last quarter.

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.

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