Ross Stores, Inc. (ROST) Shares Bought by Norinchukin Bank The

Norinchukin Bank The raised its position in Ross Stores, Inc. (NASDAQ:ROST) by 6.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 30,830 shares of the apparel retailer’s stock after acquiring an additional 1,863 shares during the quarter. Norinchukin Bank The’s holdings in Ross Stores were worth $2,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ROST. Cerebellum GP LLC acquired a new stake in Ross Stores in the 4th quarter worth about $132,000. Zions Bancorporation boosted its holdings in Ross Stores by 338.9% in the 3rd quarter. Zions Bancorporation now owns 2,120 shares of the apparel retailer’s stock worth $137,000 after buying an additional 1,637 shares during the last quarter. Sit Investment Associates Inc. boosted its holdings in Ross Stores by 255.1% in the 4th quarter. Sit Investment Associates Inc. now owns 1,900 shares of the apparel retailer’s stock worth $152,000 after buying an additional 1,365 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in Ross Stores in the 4th quarter worth about $159,000. Finally, Gratus Capital LLC acquired a new stake in Ross Stores in the 4th quarter worth about $200,000. Institutional investors own 89.54% of the company’s stock.

Several research firms recently issued reports on ROST. BidaskClub upgraded Ross Stores from a “hold” rating to a “buy” rating in a report on Wednesday, January 24th. Nomura reiterated a “buy” rating and issued a $90.00 price objective (up from $80.00) on shares of Ross Stores in a report on Wednesday, January 17th. SunTrust Banks reiterated a “buy” rating on shares of Ross Stores in a report on Friday, February 2nd. Jefferies Group set a $66.00 price objective on Ross Stores and gave the stock a “hold” rating in a report on Saturday, November 18th. Finally, Cowen set a $78.00 price objective on Ross Stores and gave the stock a “buy” rating in a report on Saturday, November 18th. Ten investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Ross Stores presently has a consensus rating of “Buy” and a consensus price target of $73.90.

Shares of Ross Stores, Inc. (NASDAQ ROST) opened at $77.88 on Thursday. The company has a market cap of $29,799.75, a P/E ratio of 24.88, a PEG ratio of 2.10 and a beta of 1.07. The company has a current ratio of 1.57, a quick ratio of 0.68 and a debt-to-equity ratio of 0.14. Ross Stores, Inc. has a 12-month low of $52.85 and a 12-month high of $85.66.

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Ross Stores Company 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.

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

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