GSA Capital Partners LLP raised its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 164.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,760 shares of the apparel retailer’s stock after buying an additional 24,095 shares during the quarter. GSA Capital Partners LLP’s holdings in Ross Stores were worth $2,238,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Guardian Life Insurance Co. of America grew its holdings in shares of Ross Stores by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 1,529 shares of the apparel retailer’s stock worth $101,000 after buying an additional 10 shares in the last quarter. TrimTabs Asset Management LLC grew its holdings in shares of Ross Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,646 shares of the apparel retailer’s stock worth $108,000 after buying an additional 776 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Ross Stores by 39.1% during the first quarter. Parallel Advisors LLC now owns 1,701 shares of the apparel retailer’s stock worth $111,000 after buying an additional 478 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Ross Stores by 3.4% during the second quarter. Parkside Financial Bank & Trust now owns 1,868 shares of the apparel retailer’s stock worth $108,000 after buying an additional 61 shares in the last quarter. Finally, Acrospire Investment Management LLC grew its holdings in shares of Ross Stores by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 2,000 shares of the apparel retailer’s stock worth $115,000 after buying an additional 1,000 shares in the last quarter. 90.40% of the stock is owned by institutional investors and hedge funds.

In other Ross Stores news, CEO Barbara Rentler sold 15,492 shares of Ross Stores stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $61.00, for a total value of $945,012.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is owned by insiders.

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Ross Stores, Inc. (NASDAQ ROST) traded down 0.23% on Thursday, reaching $60.78. 136,816 shares of the company’s stock were exchanged. Ross Stores, Inc. has a 1-year low of $52.85 and a 1-year high of $69.81. The company has a 50 day moving average price of $57.77 and a 200-day moving average price of $60.76. The company has a market capitalization of $23.44 billion, a PE ratio of 20.07 and a beta of 1.09.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, August 17th. The apparel retailer reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Ross Stores had a return on equity of 42.95% and a net margin of 8.87%. The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. On average, equities research analysts anticipate that Ross Stores, Inc. will post $3.23 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 7th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.05%. The ex-dividend date is Wednesday, September 6th. Ross Stores’s dividend payout ratio (DPR) is 21.12%.

A number of research firms have recently issued reports on ROST. Royal Bank Of Canada reaffirmed a “hold” rating and set a $62.00 target price on shares of Ross Stores in a report on Monday. Zacks Investment Research raised shares of Ross Stores from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a report on Thursday, September 14th. Sanford C. Bernstein began coverage on shares of Ross Stores in a report on Tuesday, September 12th. They set an “outperform” rating and a $74.00 target price for the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $63.00 target price on shares of Ross Stores in a report on Tuesday, September 12th. Finally, BMO Capital Markets set a $65.00 target price on shares of Ross Stores and gave the stock a “hold” rating in a report on Sunday, September 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the stock. Ross Stores currently has an average rating of “Buy” and a consensus target price of $69.74.

Ross Stores Profile

Ross Stores, Inc and its subsidiaries operate two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd’s DISCOUNTS. The Company is the off-price apparel and home fashion chain in the United States, with 1,340 locations in 36 states, the District of Columbia and Guam, as of January 28, 2017.

Institutional Ownership by Quarter for Ross Stores (NASDAQ:ROST)

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