The TJX Cos. (NYSE:TJX)’s share price hit a new 52-week high during mid-day trading on Monday . The stock 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.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded The TJX Cos. from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research report on Monday, May 2nd. Jefferies Group set a $75.00 price target on The TJX Cos. and gave the company a “hold” rating in a research report on Tuesday. MKM Partners reiterated a “buy” rating and set a $83.00 price target on shares of The TJX Cos. in a research report on Thursday, May 19th. Sanford C. Bernstein lifted 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. Finally, Royal Bank Of Canada lifted 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. Four research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $83.48.

The company has a market cap of $51.54 billion and a P/E ratio of 22.91. The firm’s 50-day moving average is $79.61 and its 200-day moving average is $76.53.

The TJX Cos. (NYSE:TJX) last released its quarterly earnings data on Tuesday, August 16th. The apparel and home fashions retailer reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.03. The firm earned $7.88 billion during the quarter, compared to the consensus estimate of $7.85 billion. The TJX Cos.’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. Equities research analysts anticipate that The TJX Cos. will post $3.48 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 11th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Tuesday, August 9th.

In related news, Chairman Carol Meyrowitz sold 64,160 shares of the company’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 owns 336,231 shares in the company, valued at approximately $25,741,845.36. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jose B. Alvarez sold 1,158 shares of the company’s stock in a transaction on 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 sale, 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 hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake 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 in the last quarter. Diamond Hill Capital Management Inc. boosted its stake in The TJX Cos. by 5.6% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 4,207,584 shares of the apparel and home fashions retailer’s stock worth $298,360,000 after buying an additional 223,909 shares in the last quarter. Green Valley Investors LLC boosted its stake in The TJX Cos. by 6.7% in the fourth quarter. Green Valley Investors LLC now owns 3,200,000 shares of the apparel and home fashions retailer’s stock worth $226,912,000 after buying an additional 200,000 shares in the last quarter. Schroder Investment Management Group boosted its stake in The TJX Cos. by 46.7% in the fourth quarter. Schroder Investment Management Group now owns 2,763,070 shares of the apparel and home fashions retailer’s stock worth $195,930,000 after buying an additional 879,894 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its stake in The TJX Cos. by 49.3% in the fourth quarter. I.G. Investment Management LTD. now owns 1,655,280 shares of the apparel and home fashions retailer’s stock worth $117,376,000 after buying an additional 546,739 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.

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.