Catalyst Capital Advisors LLC Acquires 363 Shares of Ross Stores, Inc. (NASDAQ:ROST)

Catalyst Capital Advisors LLC raised its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 139.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 623 shares of the apparel retailer’s stock after acquiring an additional 363 shares during the period. Catalyst Capital Advisors LLC’s holdings in Ross Stores were worth $94,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Partners LLC raised its position in shares of Ross Stores by 434.1% during the 4th quarter. ORG Partners LLC now owns 235 shares of the apparel retailer’s stock valued at $36,000 after acquiring an additional 191 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Ross Stores during the 3rd quarter valued at $53,000. Oakworth Capital Inc. bought a new stake in shares of Ross Stores during the 4th quarter valued at $57,000. Banque Cantonale Vaudoise bought a new stake in shares of Ross Stores during the 3rd quarter valued at $59,000. Finally, AM Squared Ltd bought a new stake in shares of Ross Stores during the 3rd quarter valued at $60,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Trading Up 0.2 %

Ross Stores stock opened at $139.09 on Wednesday. The firm has a 50-day moving average of $149.18 and a 200-day moving average of $147.92. Ross Stores, Inc. has a one year low of $127.53 and a one year high of $163.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98. The company has a market cap of $45.89 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 2.22 and a beta of 1.10.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, November 21st. The apparel retailer reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.15 billion. During the same period in the prior year, the business posted $1.33 EPS. The company’s quarterly revenue was up 3.6% on a year-over-year basis. On average, equities analysts expect that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

ROST has been the subject of several recent research reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $165.00 target price (down previously from $178.00) on shares of Ross Stores in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Ross Stores from a “hold” rating to a “buy” rating in a research report on Monday. Evercore ISI upped their price objective on shares of Ross Stores from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, November 22nd. Citigroup cut shares of Ross Stores from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $179.00 to $152.00 in a research report on Tuesday, November 12th. Finally, TD Cowen lowered their price objective on shares of Ross Stores from $185.00 to $177.00 and set a “buy” rating for the company in a research report on Tuesday, November 19th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $169.06.

About Ross Stores

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.