ProShare Advisors LLC boosted its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 17.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 345,618 shares of the apparel retailer’s stock after purchasing an additional 52,018 shares during the period. ProShare Advisors LLC’s holdings in Ross Stores were worth $42,445,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Clearview Wealth Advisors LLC purchased a new position in Ross Stores during the fourth quarter worth approximately $25,000. Bainco International Investors acquired a new stake in shares of Ross Stores in the fourth quarter worth $27,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Ross Stores in the fourth quarter worth $31,000. Exchange Traded Concepts LLC increased its position in shares of Ross Stores by 43.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 474 shares of the apparel retailer’s stock worth $58,000 after acquiring an additional 143 shares in the last quarter. Finally, Lindbrook Capital LLC increased its position in shares of Ross Stores by 64.5% in the fourth quarter. Lindbrook Capital LLC now owns 482 shares of the apparel retailer’s stock worth $59,000 after acquiring an additional 189 shares in the last quarter. 83.15% of the stock is currently owned by institutional investors.
Ross Stores stock opened at $121.50 on Tuesday. The firm’s 50-day moving average is $117.50 and its 200-day moving average is $104.67. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.24 and a current ratio of 1.65. Ross Stores, Inc. has a 1 year low of $56.30 and a 1 year high of $123.80. The company has a market cap of $43.31 billion, a P/E ratio of 144.64, a PEG ratio of 8.16 and a beta of 0.95.
About Ross Stores
Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its stores primarily offers apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores regular prices to customers from households with moderate income.
Further Reading: Technical Analysis
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