Yousif Capital Management LLC Has $5.84 Million Stock Holdings in Ross Stores, Inc. $ROST

by · The Markets Daily

Yousif Capital Management LLC trimmed its holdings in Ross Stores, Inc. (NASDAQ:ROSTFree Report) by 8.1% during the third quarter, Holdings Channel reports. The institutional investor owned 38,287 shares of the apparel retailer’s stock after selling 3,363 shares during the quarter. Yousif Capital Management LLC’s holdings in Ross Stores were worth $5,835,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ROST. Aspect Partners LLC raised its holdings in shares of Ross Stores by 251.7% in the 2nd quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 146 shares during the last quarter. Bayforest Capital Ltd boosted its stake in Ross Stores by 372.5% during the 1st quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the last quarter. Banque Transatlantique SA bought a new stake in Ross Stores during the 1st quarter worth approximately $29,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Ross Stores in the second quarter worth approximately $38,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Ross Stores in the second quarter valued at approximately $38,000. 86.86% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Stephen C. Brinkley sold 6,437 shares of the business’s stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $150.97, for a total value of $971,793.89. Following the sale, the insider directly owned 57,012 shares in the company, valued at approximately $8,607,101.64. The trade was a 10.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.20% of the company’s stock.

Ross Stores Stock Down 0.5%

Ross Stores stock opened at $179.69 on Thursday. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $185.85. The firm has a 50 day moving average price of $169.02 and a 200-day moving average price of $151.34. The company has a market capitalization of $58.12 billion, a P/E ratio of 28.08, a P/E/G ratio of 3.98 and a beta of 1.03. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17.

Ross Stores (NASDAQ:ROSTGet Free Report) last posted its quarterly earnings results on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.20. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The company had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.38 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. Ross Stores’s revenue was up 10.4% on a year-over-year basis. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. As a group, equities analysts predict that Ross Stores, Inc. will post 6.17 EPS for the current year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be issued a $0.405 dividend. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $1.62 annualized dividend and a yield of 0.9%. Ross Stores’s dividend payout ratio (DPR) is 25.31%.

Analysts Set New Price Targets

ROST has been the subject of several recent research reports. Bank of America upped their price target on Ross Stores from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Wells Fargo & Company increased their target price on shares of Ross Stores from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. JPMorgan Chase & Co. raised their price target on shares of Ross Stores from $188.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. TD Cowen lifted their target price on shares of Ross Stores from $170.00 to $174.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Finally, UBS Group set a $203.00 target price on Ross Stores in a report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $183.56.

Get Our Latest Research Report on Ross Stores

Ross Stores Profile

(Free Report)

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.

Read More

Want to see what other hedge funds are holding ROST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ross Stores, Inc. (NASDAQ:ROSTFree Report).