The institutional investor held 17,261 shares of the telecommunications equipment company at the end of 2017Q3, valued at $854,000, up from 9,810 at the end of the previous reported quarter. Alecta Pensionsforsakring Omsesidigt who had been investing in Ross Stores Inc for a number of months, seems to be bullish on the $31.84B market cap company. The stock increased 0.18% or $0.08 during the last trading session, reaching $43.8. $2.50M worth of Colgate-Palmolive Company (NYSE:CL) was sold by MOISON FRANCK J. Another trade for 7,375 shares valued at $539,694 was sold by Daniels Jennifer. (NASDAQ:ROST). The Massachusetts-based Rhumbline Advisers has invested 0.12% in Ross Stores, Inc. It has outperformed by 10.26% the S&P500.
Madison Investment Holdings Inc increased its stake in Ross Stores Inc (ROST) by 10.76% based on its latest 2017Q3 regulatory filing with the SEC. Buckingham Capital Management Inc acquired 77,868 shares as Ross Stores Inc (ROST)'s stock declined 9.26%. The stock decreased 0.05% or $0.025 during the last trading session, reaching $52.085. U.S. Bancorp (NYSE:USB) has risen 23.07% since January 12, 2017 and is uptrending. It has outperformed by 30.83% the S&P500. It also reduced its holding in Powershares Buyback Achievers (PKW) by 189,646 shares in the quarter, leaving it with 264,051 shares, and cut its stake in Intel Corporation (NASDAQ:INTC).
Since September 12, 2017, it had 0 buys, and 2 sales for $1.35 million activity. 3,813 Caterpillar Inc. (NYSE:CAT) shares with value of $522,724 were sold by DICKINSON DANIEL M. $216,276 worth of Caterpillar Inc. (NYSE:VZ) for 253,494 shares. The Company is the off-price apparel and home fashion chain in the United States, with 1,340 locations in 36 states, the District of Columbia and Guam, as of January 28, 2017. Its up 0.14, from 0.96 in 2017Q2. 72 funds opened positions while 196 raised stakes. The apparel retailer reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.05. Robeco Institutional Asset Mngmt Bv reported 349,306 shares stake. Trust Department Mb Finance Commercial Bank N A has invested 0.02% in Ross Stores, Inc. Dearborn Partners LLC now owns 220,907 shares of the apparel retailer's stock valued at $12,753,000 after purchasing an additional 6,290 shares during the period. Alexandria Cap owns 386 shares for 0.01% of their portfolio.
Among 27 analysts covering Ross Stores Inc. (NYSE:VZ). Highland Management Ltd Llc has invested 1.11% in Verizon Communications Inc. Moreover, Panagora Asset Management has 0.08% invested in Ross Stores, Inc. Jarislowsky Fraser Ltd owns 18,014 shares for 0.01% of their portfolio. Kbc Group Inc Nv reported 0.08% of its portfolio in Caterpillar Inc. About 69,190 shares traded. Bernstein maintained Ross Stores, Inc. (NYSE:CAT) or 14,063 shares. (NASDAQ:ROST). Carroll Inc accumulated 3,120 shares. Royal Bank of Canada reiterated a "hold" rating and set a $62.00 price target on shares of Ross Stores in a research report on Monday, September 18th. Ross Stores has a fifty-two week low of $52.85 and a fifty-two week high of $82.12. Of the 25 analysts surveyed by Reuters that track ROST 8 of them rate its stock a hold. Therefore 63% are positive.
TRADEMARK VIOLATION NOTICE: "Ross Stores (ROST) Earning Somewhat Favorable News Coverage, Study Shows" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. (NASDAQ:ROST) earned "Buy" rating by Miller Tabak on Friday, June 24. The stock of Ross Stores, Inc. The company was initiated on Wednesday, October 7 by Citigroup. Nine analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. KeyBanc Capital Markets has "Buy" rating and $88.0 target. The firm has "Market Perform" rating given on Thursday, April 13 by Raymond James. The stock has "Mixed" rating by OTR Global on Monday, September 19. S&P Research maintained it with "Buy" rating and $56 target in Monday, August 24 report. Barclays Capital upgraded Caterpillar Inc. (NASDAQ:ROST) rating on Tuesday, September 12. Nomura set a $80.00 price target on shares of Ross Stores and gave the company a "buy" rating in a report on Friday, November 17th.
Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.73, from 1.11 in 2017Q2. It increased, as 37 investors sold WIX shares while 35 reduced holdings. 25 funds opened positions while 45 raised stakes. Hallmark reported 239,877 shares or 1.95% of all its holdings. New Vernon Mngmt Lc owns 11,275 shares. Pensionfund Dsm Netherlands accumulated 50,300 shares.
Investors may also want to take a longer-term look at company shares. 4,806 are owned by M&R Capital. Daiwa Sb Invs, Japan-based fund reported 13,080 shares. Senator Inv Group L P, a New York-based fund reported 230,000 shares. 3,003 are held by Wealthtrust Axiom. Bancshares Of Mellon Corp holds 0% or 246,117 shares in its portfolio.
Currently, 1.60% of The Finish Line, Inc. (NASDAQ:ROST). Foster Motley has 18,329 shares for 0.2% of their portfolio. 6,000 are owned by Yorktown Mngmt Research. (NASDAQ:ROST) for 5,513 shares. ROST's profit will be $351.58M for 22.27 P/E if the $0.92 EPS becomes a reality. After $2.72 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts 5.51% EPS growth. (NASDAQ:ROST) or 15,492 shares.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.