Just the Facts on Ross Stores, Inc. (ROST)

Ross Stores, Inc. - ROST - Stock Price Today - Zacks

Finally, Retirement Systems of Alabama raised its position in shares of Ross Stores by 1.4% in the first quarter. 341.62 million shares or 0.09% more from 341.30 million shares in 2016Q3 were reported. Oregon Employees Retirement Fund, a Oregon-based fund reported 106,231 shares. For the quarter, shares have been noted at -21.42%.

"We expect to buy back a total of $875 million in common stock during fiscal 2017 under the two-year $1.75 billion authorization approved by our Board of Directors in February of this year", Barbara Rentler, CEO of Ross Stores, Inc., said in a statement. (NASDAQ:ROST). At the time of writing, the First Call consensus price target for the company is $71.43. Morgan Stanley restated an "overweight" rating and set a $69.00 price objective on shares of Ross Stores in a research note on Monday, May 22nd. Nationwide Fund Advisors now owns 676,207 shares of the apparel retailer's stock valued at $44,542,000 after buying an additional 182,502 shares during the last quarter. Los Angeles Capital Mgmt And Equity Inc stated it has 3,645 shares or 0% of all its holdings. The institutional investor owned 2,577 shares of the apparel retailer's stock after selling 448 shares during the period. (NASDAQ ROST) opened at 54.37 on Thursday. Wellington Shields Capital Mgmt Ltd Liability Co owns 22,650 shares. Moreover, Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.25% invested in Ross Stores, Inc. Main Street Limited Liability holds 1.17% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Palisade Asset Mngmt Limited Liability Com holds 0.34% or 27,280 shares. (NASDAQ:ROST) was sold by Morrow Brian R.

Shares of Electronic Arts (NASDAQ: EA) fell more than 1 percent in extended trading.

In related news, Director Sharon D. Garrett sold 16,130 shares of the firm's stock in a transaction that occurred on Friday, May 26th. (NASDAQ:ROST) was sold by Panattoni Lisa R on Monday, March 20. Shares for $225,491 were sold by Hartshorn Michael J. RBC Capital Markets maintained Ross Stores, Inc. (NASDAQ:ROST) on Friday, April 7. The company has an average rating of "Hold" and an average price target of $69.41. The target price by Credit Suisse would suggest a potential upside of 12.98 % from the company's current stock price. Electricite de France SA (EDF) has 0.00% since August 17, 2016 and is. Including today's unusual volume, Ross Stores, Inc.'s stock is performing at -18.70% on the year.

These are 9 Hold Ratings, 14 Buy Ratings. Therefore 45% are positive. About shares traded. Ross Stores, Inc. They now have a Dollars 64 price target on the stock. Citigroup Inc. had 80 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, October 22, the company rating was reinitiated by Wells Fargo. Ross Stores also saw unusually large options trading on Monday. The stock of NeoPhotonics Corp (NYSE:NPTN) earned "Outperform" rating by Raymond James on Monday, July 24.

08/19/2016 - Ross Stores, Inc. had its "buy" rating reiterated by analysts at MKM Partners. UBS maintained the stock with "Neutral" rating in Friday, August 19 report. The company was maintained on Friday, November 20 by Wedbush. The latest exchange of 5.33 Million shares is above its average trading activity of 3.63 Million shares. Finally, National Pension Service boosted its position in shares of Ross Stores by 4.3% in the first quarter. It has underperformed by 4.67% the S&P500.The move comes after 6 months positive chart setup for the $23.01B company. Jupiter Asset Management Ltd who had been investing in Eros Intl Plc for a number of months, seems to be bullish on the $437.03 million market cap company. It has a 43.89 P/E ratio.

The companys Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and dds DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to customers from households with moderate income. Standpoint Research downgraded Citigroup Inc (NYSE:C) on Tuesday, January 10 to "Hold" rating.

It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.

Related News: