Universal Beteiligungs und Servicegesellschaft mbH Trims Holdings in Ross Stores, Inc. $ROST

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 271,433 shares of the apparel retailer’s stock after selling 35,715 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ross Stores were worth $41,364,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Woodline Partners LP grew its position in Ross Stores by 39.9% during the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after purchasing an additional 7,951 shares during the period. Geneos Wealth Management Inc. grew its holdings in Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after acquiring an additional 117 shares during the period. Diversified Trust Co grew its holdings in Ross Stores by 35.8% during the second quarter. Diversified Trust Co now owns 2,390 shares of the apparel retailer’s stock worth $305,000 after acquiring an additional 630 shares during the period. Park Avenue Securities LLC raised its position in Ross Stores by 7.5% during the second quarter. Park Avenue Securities LLC now owns 10,637 shares of the apparel retailer’s stock valued at $1,357,000 after acquiring an additional 744 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Ross Stores by 5.3% in the second quarter. GAMMA Investing LLC now owns 6,640 shares of the apparel retailer’s stock valued at $847,000 after acquiring an additional 332 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $205.00 price objective on shares of Ross Stores in a research note on Monday, December 1st. BTIG Research started coverage on shares of Ross Stores in a report on Tuesday, October 14th. They set a “neutral” rating on the stock. Robert W. Baird set a $200.00 price objective on shares of Ross Stores in a report on Wednesday, December 17th. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Bank of America raised their target price on Ross Stores from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $186.41.

Ross Stores Trading Up 1.4%

Shares of Ross Stores stock opened at $192.32 on Thursday. The firm has a market capitalization of $62.21 billion, a PE ratio of 30.05, a P/E/G ratio of 3.62 and a beta of 1.01. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $194.92. The firm’s 50-day moving average price is $180.21 and its 200 day moving average price is $159.23. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, topping the consensus estimate of $1.38 by $0.20. Ross Stores had a return on equity of 36.75% and a net margin of 9.47%.The company had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.38 billion. During the same period in the previous year, the business earned $1.48 EPS. Ross Stores’s quarterly revenue was up 10.4% on a year-over-year basis. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. On average, sell-side analysts predict that Ross Stores, Inc. will post 6.17 EPS for the current fiscal year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th were paid a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, December 9th. Ross Stores’s dividend payout ratio is currently 25.31%.

Ross Stores Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.