1,805 Shares in Ross Stores, Inc. (NASDAQ:ROST) Purchased by J. W. Coons Advisors LLC

J. W. Coons Advisors LLC acquired a new position in Ross Stores, Inc. (NASDAQ:ROST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,805 shares of the apparel retailer’s stock, valued at approximately $273,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Black Diamond Financial LLC raised its stake in shares of Ross Stores by 27.7% during the 4th quarter. Black Diamond Financial LLC now owns 1,813 shares of the apparel retailer’s stock worth $274,000 after purchasing an additional 393 shares during the period. C WorldWide Group Holding A S bought a new position in Ross Stores during the fourth quarter valued at about $2,023,000. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Ross Stores by 1.8% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 52,209 shares of the apparel retailer’s stock worth $7,898,000 after buying an additional 900 shares during the last quarter. Howard Capital Management Inc. raised its position in Ross Stores by 3.1% in the fourth quarter. Howard Capital Management Inc. now owns 9,589 shares of the apparel retailer’s stock worth $1,451,000 after acquiring an additional 284 shares during the period. Finally, PYA Waltman Capital LLC raised its position in Ross Stores by 0.3% in the fourth quarter. PYA Waltman Capital LLC now owns 128,923 shares of the apparel retailer’s stock worth $19,502,000 after acquiring an additional 383 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Guggenheim restated a “buy” rating and set a $180.00 price target on shares of Ross Stores in a research note on Friday, November 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $165.00 price objective (down from $178.00) on shares of Ross Stores in a report on Tuesday, January 7th. TD Cowen lowered their target price on Ross Stores from $185.00 to $177.00 and set a “buy” rating on the stock in a research note on Tuesday, November 19th. Morgan Stanley reaffirmed an “equal weight” rating and set a $140.00 price target (down previously from $164.00) on shares of Ross Stores in a research report on Tuesday, January 21st. Finally, StockNews.com lowered Ross Stores from a “buy” rating to a “hold” rating in a report on Tuesday. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $169.06.

Ross Stores Stock Performance

NASDAQ ROST opened at $135.93 on Tuesday. The company’s 50 day simple moving average is $147.65 and its two-hundred day simple moving average is $147.93. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98. Ross Stores, Inc. has a 1 year low of $127.53 and a 1 year high of $163.60. The stock has a market capitalization of $44.85 billion, a PE ratio of 21.41, a P/E/G ratio of 2.13 and a beta of 1.10.

Ross Stores Profile

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 brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.