WINTON GROUP Ltd Sells 22,304 Shares of Ross Stores, Inc. (ROST)

WINTON GROUP Ltd cut its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 54.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,316 shares of the apparel retailer’s stock after selling 22,304 shares during the quarter. WINTON GROUP Ltd’s holdings in Ross Stores were worth $1,183,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Balentine LLC grew its holdings in Ross Stores by 0.3% in the 2nd quarter. Balentine LLC now owns 1,775 shares of the apparel retailer’s stock worth $102,000 after buying an additional 5 shares in the last quarter. Alps Advisors Inc. grew its holdings in Ross Stores by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 7,118 shares of the apparel retailer’s stock worth $411,000 after buying an additional 19 shares in the last quarter. New Amsterdam Partners LLC NY grew its holdings in Ross Stores by 0.8% in the 2nd quarter. New Amsterdam Partners LLC NY now owns 8,375 shares of the apparel retailer’s stock worth $483,000 after buying an additional 64 shares in the last quarter. Canandaigua National Bank & Trust Co. grew its holdings in Ross Stores by 2.2% in the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 3,497 shares of the apparel retailer’s stock worth $202,000 after buying an additional 76 shares in the last quarter. Finally, People s United Financial Inc. grew its holdings in Ross Stores by 1.3% in the 2nd quarter. People s United Financial Inc. now owns 12,306 shares of the apparel retailer’s stock worth $710,000 after buying an additional 156 shares in the last quarter. 90.93% of the stock is owned by institutional investors.

In other Ross Stores news, insider Brian R. Morrow sold 6,157 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $65.30, for a total value of $402,052.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Barbara Rentler sold 15,492 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $61.00, for a total value of $945,012.00. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

A number of equities analysts recently issued reports on ROST shares. MKM Partners increased their price objective on Ross Stores from $77.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, August 18th. Zacks Investment Research raised Ross Stores from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Monday, August 21st. Deutsche Bank reissued a “buy” rating and issued a $75.00 price objective on shares of Ross Stores in a report on Monday, August 21st. Bank of America reissued a “buy” rating and issued a $80.00 price objective on shares of Ross Stores in a report on Sunday, August 20th. Finally, Instinet reissued a “buy” rating and issued a $74.00 price objective on shares of Ross Stores in a report on Sunday, August 20th. One analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $73.71.

Shares of Ross Stores, Inc. (NASDAQ ROST) opened at $78.01 on Tuesday. The firm has a market capitalization of $30,080.00, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 2.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.57 and a quick ratio of 0.68. Ross Stores, Inc. has a 52-week low of $52.85 and a 52-week high of $78.81.

Ross Stores (NASDAQ:ROST) last released its earnings results on Thursday, November 16th. The apparel retailer reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.26 billion. Ross Stores had a return on equity of 43.21% and a net margin of 8.93%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 earnings per share. equities analysts predict that Ross Stores, Inc. will post 3.28 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 1st will be given a $0.16 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.64 dividend on an annualized basis and a yield of 0.82%. Ross Stores’s dividend payout ratio (DPR) is 20.45%.

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About Ross Stores

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.

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

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