Investors purchased shares of The TJX Cos. (NYSE:TJX) on weakness during trading hours on Tuesday. $42.45 million flowed into the stock on the tick-up and $30.67 million flowed out of the stock on the tick-down, for a money net flow of $11.78 million into the stock. Of all companies tracked, The TJX Cos. had the 30th highest net in-flow for the day. The TJX Cos. traded down ($0.42) for the day and closed at $80.90

A number of equities research analysts have recently issued reports on TJX shares. Stifel Nicolaus restated a “buy” rating and set a $85.00 price target on shares of The TJX Cos. in a report on Tuesday, May 17th. Citigroup Inc. reiterated a “buy” rating and issued a $88.00 price objective 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 objective on the stock in a research note on Monday, May 2nd. Deutsche Bank AG reiterated a “buy” rating on shares of The TJX Cos. in a research note on Thursday, April 14th. Finally, Miller Tabak assumed coverage on shares of The TJX Cos. in a research note on Friday, June 24th. They issued a “buy” rating and a $91.00 price objective on the stock. Three analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $83.76.

The firm has a market capitalization of $53.48 billion and a P/E ratio of 23.77. The company has a 50-day moving average price of $78.80 and a 200-day moving average price of $76.10.

The TJX Cos. (NYSE:TJX) last posted its quarterly earnings data on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.05. The business earned $7.54 billion during the quarter, compared to analyst estimates of $7.29 billion. During the same quarter last year, the business earned $0.69 earnings per share. The TJX Cos.’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, analysts anticipate that The TJX Cos. will post $3.48 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 11th will be issued a dividend of $0.26 per share. The ex-dividend date is Tuesday, August 9th. This represents a $1.04 dividend on an annualized basis and a yield of 1.29%.

In related news, CEO Ernie Herrman sold 24,776 shares of the business’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $75.40, for a total transaction of $1,868,110.40. Following the transaction, the chief executive officer now directly owns 444,661 shares in the company, valued at $33,527,439.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Richard Sherr sold 18,532 shares of the business’s stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $75.46, for a total transaction of $1,398,424.72. Following the transaction, the executive vice president now owns 137,500 shares in the company, valued at $10,375,750. The disclosure for this sale can be found here.

Other institutional investors have recently modified their holdings of the company. Azimuth Capital Management LLC increased 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 worth $1,408,000 after buying an additional 2,360 shares during the last quarter. Everett Harris & Co. CA increased its position in The TJX Cos. by 3.4% in the fourth quarter. Everett Harris & Co. CA now owns 654,006 shares of the apparel and home fashions retailer’s stock valued at $46,376,000 after buying an additional 21,225 shares in the last quarter. SVA Plumb Wealth Management LLC increased its position in The TJX Cos. by 11.4% in the fourth quarter. SVA Plumb Wealth Management LLC now owns 31,804 shares of the apparel and home fashions retailer’s stock valued at $2,255,000 after buying an additional 3,266 shares in the last quarter. Gulf International Bank UK Ltd increased its position in The TJX Cos. by 1.9% in the fourth quarter. Gulf International Bank UK Ltd now owns 204,421 shares of the apparel and home fashions retailer’s stock valued at $14,495,000 after buying an additional 3,900 shares in the last quarter. Finally, Financial Counselors Inc. increased its position in The TJX Cos. by 2.9% in the fourth quarter. Financial Counselors Inc. now owns 102,573 shares of the apparel and home fashions retailer’s stock valued at $7,273,000 after buying an additional 2,901 shares in 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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