Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Ross Stores by 3.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,792 shares of the apparel retailer's stock worth $115,000 after buying an additional 6 shares in the last quarter. The company's revenue was up 8.0% compared to the same quarter past year. Goldman Sachs Group has invested 0.12% in Ross Stores, Inc. Ltd. has invested 3.34% in the stock. RBC Capital Markets maintained Ross Stores, Inc. In the final minutes of trading on Thursday, shares hit $61.18, an increase of 13 percent in the last 12 months. About 143 shares traded. Shares are trading -5.45% below their 50-day moving average, and -5.16% below their 200-day moving average. (ROST) now has a value of $61.5 while the company's 52 week low is at $51.53, the shares dropped to the 52 week low on 05/20/16.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Ross Stores Inc. the EPS stands at 0.77 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.75, suggesting the stock exceeded the analysts' expectations. The apparel retailer reported $0.82 EPS for the quarter, topping the consensus estimate of $0.80 by $0.02. Currently, West Corporation net profit margin for the 12 months is at 8.85%. During the same quarter past year, the company posted $0.66 EPS. The apparel retailer reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.02. Shareholders of record on Tuesday, June 6th will be paid a dividend of $0.16 per share. The stock's Dividend Yield stands at 1.04%. As per Friday, June 24, the company rating was initiated by Miller Tabak. The retailer operates 1,363 Ross stores and 198 dd's Discount locations.
Yet another important factor while evaluating a good buy/sell decision for Ross Stores Inc. If you are reading this article on another publication, it was illegally copied and reposted in violation of global copyright and trademark legislation. Also, CEO Barbara Rentler sold 50,481 shares of Ross Stores stock in a transaction that occurred on Wednesday, March 22nd.More news: Russia Investigation Is Witch Hunt That 'Hurts The Country'
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Several equities analysts have issued reports on the company. Royal Bank of Canada set a $70.00 price objective on Ross Stores and gave the stock a "hold" rating in a report on Monday. The Return on Investment (ROI) ratio of Ross Stores Inc.
Ross Stores (NASDAQ:ROST) last posted its earnings results on Tuesday, February 28th. They now have a Dollars 74 price target on the stock. Finally, Wedbush increased their price objective on shares of Ross Stores from $71.00 to $73.00 and gave the company an "outperform" rating in a research note on Wednesday, March 1st. (NASDAQ:ROST), 7 rate it "Buy", 8 "Outperform", 11 "Underperform", 0 "Sell", while 0 "Hold". Cantor Fitzgerald maintained it with "Hold" rating and $52 target in Friday, August 21 report. (NASDAQ:ROST) was sold by Hartshorn Michael J. on Monday, March 20. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. Following the transaction, the vice president now directly owns 67,686 shares in the company, valued at approximately $4,530,900.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The insider Morrow Brian R. sold 3,004 shares worth $189,725.
On 3/21/2017 John G Call, VP, sold 15,243 with an average share price of $65.83 per share and the total transaction amounting to $1,003,446.69. Following the transaction, the chairman now directly owns 145,666 shares in the company, valued at approximately $9,801,865.14. The disclosure for this sale can be found here. Insiders sold 192,294 shares of company stock worth $12,793,360 in the last ninety days. Insiders own 2.40% of the company's stock. The Firm offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day.