Whipplewood Advisors LLC Buys New Holdings in Ross Stores, Inc. (NASDAQ:ROST)

Whipplewood Advisors LLC acquired a new position in Ross Stores, Inc. (NASDAQ:ROST) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 846 shares of the apparel retailer’s stock, valued at approximately $128,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC lifted its holdings in Ross Stores by 434.1% in the 4th quarter. ORG Partners LLC now owns 235 shares of the apparel retailer’s stock worth $36,000 after buying an additional 191 shares during the period. Kestra Investment Management LLC purchased a new stake in Ross Stores in the 4th quarter worth approximately $51,000. Ashton Thomas Securities LLC bought a new position in shares of Ross Stores in the 3rd quarter worth approximately $53,000. Oakworth Capital Inc. bought a new position in shares of Ross Stores in the 4th quarter worth approximately $57,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of Ross Stores in the 3rd quarter worth approximately $59,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ROST shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $165.00 target price (down previously from $178.00) on shares of Ross Stores in a research report on Tuesday, January 7th. Evercore ISI increased their target price on Ross Stores from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Citigroup lowered Ross Stores from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $179.00 to $152.00 in a research report on Tuesday, November 12th. Telsey Advisory Group reissued a “market perform” rating and issued a $175.00 target price on shares of Ross Stores in a research report on Monday. Finally, StockNews.com lowered Ross Stores from a “buy” rating to a “hold” rating in a research report on Tuesday. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $169.06.

Ross Stores Stock Down 0.5 %

Ross Stores stock opened at $138.02 on Friday. The firm has a market cap of $45.54 billion, a price-to-earnings ratio of 21.74, a PEG ratio of 2.13 and a beta of 1.10. The stock has a fifty day simple moving average of $146.97 and a two-hundred day simple moving average of $147.77. Ross Stores, Inc. has a 12 month low of $127.53 and a 12 month high of $163.60. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29.

Ross Stores Company 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.