The TJX Cos. (NYSE:TJX) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $83.64 and last traded at $82.72, with a volume of 2,369,616 shares changing hands. The stock had previously closed at $82.87.

TJX has been the topic of a number of research reports. Zacks Investment Research cut The TJX Cos. from a “hold” rating to a “sell” rating in a research note on Monday, April 18th. Citigroup Inc. reiterated a “buy” rating and set a $88.00 price target on shares of The TJX Cos. in a research report on Tuesday, May 17th. Stifel Nicolaus reiterated a “buy” rating and set a $85.00 price target on shares of The TJX Cos. in a research report on Tuesday, May 17th. Royal Bank Of Canada upped their price target on The TJX Cos. from $82.00 to $84.00 and gave the company an “outperform” rating in a research report on Wednesday, May 18th. Finally, Sanford C. Bernstein upped their price target on The TJX Cos. from $82.00 to $83.00 and gave the company 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 have issued a buy rating to the company. The TJX Cos. presently has an average rating of “Buy” and an average target price of $83.89.

The stock has a 50-day moving average price of $79.25 and a 200-day moving average price of $76.29. The stock has a market capitalization of $54.66 billion and a price-to-earnings ratio of 24.288.

The TJX Cos. (NYSE:TJX) last announced its earnings results on Tuesday, May 17th. The apparel and home fashions retailer reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.05. The company earned $7.54 billion during the quarter, compared to analysts’ expectations of $7.29 billion. During the same quarter last year, the firm posted $0.69 EPS. The TJX Cos.’s revenue for the quarter was up 9.9% compared to the same quarter last year. Analysts forecast that The TJX Cos. will post $3.48 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Thursday, August 11th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Tuesday, August 9th.

In related news, CEO Ernie Herrman sold 24,776 shares of the business’s stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $75.40, for a total transaction of $1,868,110.40. Following the completion of the transaction, the chief executive officer now owns 444,661 shares in the company, valued at approximately $33,527,439.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jose B. Alvarez sold 1,158 shares of the business’s stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $76.51, for a total value of $88,598.58. Following 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.

Other institutional investors have bought and sold shares of the company. SVA Plumb Wealth Management LLC boosted 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 worth $2,255,000 after buying an additional 3,266 shares during the last quarter. NBT Bank N A NY boosted its position in The TJX Cos. by 1.5% in the fourth quarter. NBT Bank N A NY now owns 32,130 shares of the apparel and home fashions retailer’s stock worth $2,279,000 after buying an additional 483 shares during the last quarter. Wells Fargo & Company MN boosted its position in The TJX Cos. by 1.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,381,526 shares of the apparel and home fashions retailer’s stock worth $665,244,000 after buying an additional 149,521 shares during the last quarter. Mandatum Life Insurance Co Ltd acquired a new position in The TJX Cos. during the fourth quarter worth about $3,874,000. Finally, Signature Estate & Investment Advisors LLC boosted its position in The TJX Cos. by 7.9% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 167,782 shares of the apparel and home fashions retailer’s stock worth $11,897,000 after buying an additional 12,289 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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