Sage Rhino Capital LLC Sells 143 Shares of Ross Stores, Inc. (NASDAQ:ROST)

Sage Rhino Capital LLC lowered its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,486 shares of the apparel retailer’s stock after selling 143 shares during the quarter. Sage Rhino Capital LLC’s holdings in Ross Stores were worth $1,132,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. ORG Partners LLC grew its holdings in Ross Stores by 434.1% during the fourth quarter. ORG Partners LLC now owns 235 shares of the apparel retailer’s stock worth $36,000 after buying an additional 191 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Ross Stores during the fourth quarter worth $51,000. Ashton Thomas Securities LLC bought a new stake in Ross Stores during the third quarter worth $53,000. Oakworth Capital Inc. bought a new stake in Ross Stores during the fourth quarter worth $57,000. Finally, Banque Cantonale Vaudoise bought a new stake in Ross Stores during the third quarter worth $59,000. Institutional investors own 86.86% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Citigroup downgraded Ross Stores from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $179.00 to $152.00 in a report on Tuesday, November 12th. Guggenheim reissued a “buy” rating and issued a $180.00 price objective on shares of Ross Stores in a research report on Friday, November 22nd. JPMorgan Chase & Co. boosted their price objective on Ross Stores from $171.00 to $173.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. StockNews.com cut Ross Stores from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $175.00 price objective on shares of Ross Stores in a research report on Monday, February 24th. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $169.06.

Ross Stores Stock Up 1.7 %

Shares of NASDAQ ROST opened at $140.32 on Monday. The business’s fifty day moving average price is $146.79 and its 200-day moving average price is $147.86. The stock has a market capitalization of $46.30 billion, a PE ratio of 22.10, a P/E/G ratio of 2.13 and a beta of 1.10. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98. Ross Stores, Inc. has a one year low of $127.53 and a one year high of $163.60.

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.