Investors sold shares of The TJX Cos. (NYSE:TJX) on strength during trading hours on Friday. $28.17 million flowed into the stock on the tick-up and $72.51 million flowed out of the stock on the tick-down, for a money net flow of $44.34 million out of the stock. Of all equities tracked, The TJX Cos. had the 0th highest net out-flow for the day. The TJX Cos. traded up $0.48 for the day and closed at $81.72

A number of brokerages have recently issued reports on TJX. Deutsche Bank AG reaffirmed a “buy” rating on shares of The TJX Cos. in a research report on Thursday, April 14th. Citigroup Inc. reaffirmed a “buy” rating and issued a $88.00 price objective on shares of The TJX Cos. in a research report on Tuesday, May 17th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of The TJX Cos. in a research report on Monday, June 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of The TJX Cos. in a research report on Thursday, June 30th. Finally, Royal Bank Of Canada lifted their price objective on shares of The TJX Cos. from $82.00 to $84.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 18th. Three equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $83.30.

The company has a market capitalization of $54.02 billion and a P/E ratio of 24.01. The company has a 50 day moving average of $77.79 and a 200 day moving average of $75.38.

The TJX Cos. (NYSE:TJX) last announced its quarterly earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.05. During the same quarter in the prior year, the company earned $0.69 earnings per share. The company earned $7.54 billion during the quarter, compared to analysts’ expectations of $7.29 billion. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, equities research analysts expect that The TJX Cos. will post $3.48 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Thursday, August 11th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $1.04 annualized dividend and a yield of 1.27%.

In other The TJX Cos. news, EVP Richard Sherr sold 18,532 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $75.46, for a total value of $1,398,424.72. Following the transaction, the executive vice president now directly owns 137,500 shares in the company, valued at $10,375,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernie Herrman sold 44,000 shares of the stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $75.64, for a total transaction of $3,328,160.00. Following the completion of the transaction, the chief executive officer now owns 493,437 shares in the company, valued at $37,323,574.68. The disclosure for this sale can be found here.

A number of institutional investors recently made changes to their positions in the stock. Azimuth Capital Management LLC raised its position in shares of The TJX Cos. by 13.5% in the fourth quarter. Azimuth Capital Management LLC now owns 19,855 shares of the apparel and home fashions retailer’s stock valued at $1,408,000 after buying an additional 2,360 shares in the last quarter. Liberty Mutual Group Asset Management Inc. raised its position in shares of The TJX Cos. by 15.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 40,282 shares of the apparel and home fashions retailer’s stock worth $2,856,000 after buying an additional 5,378 shares during the period. American National Bank & Trust Co. VA raised its position in shares of The TJX Cos. by 3.0% in the fourth quarter. American National Bank & Trust Co. VA now owns 56,017 shares of the apparel and home fashions retailer’s stock worth $3,971,000 after buying an additional 1,657 shares during the period. Pinnacle Associates Ltd. raised its position in shares of The TJX Cos. by 41.8% in the fourth quarter. Pinnacle Associates Ltd. now owns 18,128 shares of the apparel and home fashions retailer’s stock worth $1,285,000 after buying an additional 5,345 shares during the period. Finally, Loeb Partners Corp raised its position in shares of The TJX Cos. by 91.7% in the fourth quarter. Loeb Partners Corp now owns 112,600 shares of the apparel and home fashions retailer’s stock worth $7,984,000 after buying an additional 53,850 shares during the period.

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.