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The TJX Companies (NYSE:TJX) President Ernie Herrman unloaded 13,212 shares of The TJX Companies stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $58.70, for a total transaction of $775,544.40. Following the transaction, the president now directly owns 500,000 shares of the company’s stock, valued at approximately $29,350,000. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of The TJX Companies in a research note on Wednesday. They now have a $61.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of The TJX Companies in a research note on Wednesday. They now have a $68.00 price target on the stock, up previously from $62.00. Finally, analysts at MKM Partners raised their price target on shares of The TJX Companies from $63.00 to $64.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $62.95.

Shares of The TJX Companies (NYSE:TJX) traded down 0.82% during mid-day trading on Thursday, hitting $58.91. The stock had a trading volume of 4,592,745 shares. The TJX Companies has a one year low of $51.91 and a one year high of $64.38. The stock has a 50-day moving average of $53.88 and a 200-day moving average of $57.14. The company has a market cap of $41.255 billion and a price-to-earnings ratio of 20.05. The TJX Companies also was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 15,210 call options on the company. This represents an increase of approximately 757% compared to the average volume of 1,775 call options.

The TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Tuesday, August 19th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.02. The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter last year, the company posted $0.66 earnings per share. The TJX Companies’s revenue was up 7.4% compared to the same quarter last year. On average, analysts predict that The TJX Companies will post $3.19 earnings per share for the current fiscal year.

The TJX Companies, Inc (NYSE:TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.

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