TJX Companies Inc (NYSE:TJX) had its price objective trimmed by Goldman Sachs from $83.00 to $82.00 in a research note published on Thursday, StockTargetPrices.com reports.

TJX Companies (NYSE:TJX) traded up 1.35% during mid-day trading on Thursday, hitting $69.69. 2,226,798 shares of the company traded hands. The stock has a market capitalization of $46.66 billion and a price-to-earnings ratio of 21.22. TJX Companies has a one year low of $63.53 and a one year high of $76.93. The company’s 50-day moving average is $69.90 and its 200-day moving average is $70.59.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Tuesday, November 17th. The apparel and home fashions retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.01. The firm had revenue of $7.75 billion for the quarter, compared to the consensus estimate of $7.73 million. The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. Analysts predict that TJX Companies will post $3.29 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 3rd. Shareholders of record on Thursday, February 11th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, February 9th. This represents a $0.84 annualized dividend and a dividend yield of 1.21%. This is an increase from TJX Companies’s previous quarterly dividend of $0.15.

A number of other research analysts have also weighed in on the stock. BB&T Corp. initiated coverage on shares of TJX Companies in a research note on Thursday, December 17th. They issued a buy rating and a $86.00 price target on the stock. Wedbush reaffirmed an outperform rating and issued a $80.00 price target on shares of TJX Companies in a research note on Friday, October 9th. Citigroup Inc. initiated coverage on shares of TJX Companies in a research note on Wednesday, October 7th. They issued a buy rating and a $88.00 price target on the stock. RBC Capital initiated coverage on shares of TJX Companies in a research note on Friday, November 6th. They issued an outperform rating and a $82.00 price target on the stock. Finally, Cowen and Company reaffirmed a buy rating and issued a $75.00 price target (down previously from $85.00) on shares of TJX Companies in a research note on Tuesday, November 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of $80.98.

In other TJX Companies news, CEO Carol Meyrowitz sold 64,086 shares of the company’s stock in a transaction on Wednesday, November 25th. The shares were sold at an average price of $71.54, for a total value of $4,584,712.44. Following the transaction, the chief executive officer now directly owns 378,960 shares in the company, valued at $27,110,798.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David T. Ching sold 4,000 shares of the company’s stock in a transaction on Monday, December 7th. The shares were sold at an average price of $70.85, for a total transaction of $283,400.00. Following the completion of the transaction, the director now owns 13,414 shares in the company, valued at $950,381.90. The disclosure for this sale can be found here.

Several institutional investors recently added to or reduced their stakes in TJX. Beacon Capital Management bought a new position in TJX Companies during the fourth quarter valued at approximately $0. Benjamin F. Edwards & Company boosted its stake in shares of TJX Companies by 0.4% in the fourth quarter. Benjamin F. Edwards & Company now owns 3,824 shares of the apparel and home fashions retailer’s stock worth $271,000 after buying an additional 15 shares during the last quarter. Ledyard National Bank boosted its stake in shares of TJX Companies by 0.3% in the fourth quarter. Ledyard National Bank now owns 10,880 shares of the apparel and home fashions retailer’s stock worth $772,000 after buying an additional 31 shares during the last quarter. Trust Investment Advisors boosted its stake in shares of TJX Companies by 0.4% in the fourth quarter. Trust Investment Advisors now owns 23,490 shares of the apparel and home fashions retailer’s stock worth $1,666,000 after buying an additional 100 shares during the last quarter. Finally, Washington Trust Bank boosted its stake in shares of TJX Companies by 1.4% in the fourth quarter. Washington Trust Bank now owns 10,502 shares of the apparel and home fashions retailer’s stock worth $745,000 after buying an additional 150 shares during the last quarter.

The TJX Companies, Inc. (NYSE:TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel, home fashions, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.

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