Ross Stores reported Second Quarter Financial Results
- Author: Desiree Holland Aug 19, 2017,
Aug 19, 2017, 5:48
The stock has been active on the tape, now trading at $53.33, down from yesterday's close by -1.91%. Chevy Chase Trust Holdings Inc. now owns 341,873 shares of the apparel retailer's stock valued at $22,519,000 after buying an additional 8,038 shares in the last quarter. The stock rose 10.59% or $5.65 reaching $58.98 per share. About 1.71 million shares traded.
Shares have traded in a 52-week range from a low of $52.85 to a high of $69.81. See The Hackett Group, Inc. The company has market cap of $3.68 billion. The Firm generates energy using nuclear technology, as well as thermal, hydroelectric and other renewable sources. It has a 36.96 P/E ratio. First Allied Advisory Service Inc holds 0.06% of its portfolio in Tucows Inc. (NASDAQ:ROST). Cypress Grp owns 80,197 shares. Retirement Systems of Alabama now owns 190,510 shares of the apparel retailer's stock valued at $12,549,000 after buying an additional 2,542 shares during the last quarter. For the third quarter ending October 28, 2017, we are forecasting a same store sales gain of 1% to 2% on top of a robust 7% increase in the prior year.
Shares of Ross Stores (NASDAQ ROST) traded up 10.67% on Friday, hitting $59.02. Healthcare Services Group, Inc. This has been revealed to clients and investors in analysts note on 18 August. It has outperformed by 8.19% the S&P500. Traders bought 12,143 call options on the stock. Wedgewood Partners Inc, a Missouri-based fund reported 1.84 million shares.
05/19/2017 - Ross Stores, Inc. had its "market perform" rating reiterated by analysts at BMO Capital Markets. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have assigned a buy rating to the stock. Therefore 53% are positive. For the quarter, shares have been noted at -21.42%. (NASDAQ:ROST) by 14.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. On Friday, May 20 the stock rating was maintained by RBC Capital Markets with "Sector Perform". As per Friday, August 18, the company rating was maintained by Credit Suisse. Moreover, Bnp Paribas Arbitrage has 0.05% invested in Ross Stores, Inc. Moreover, Cambridge Gp Inc has 0% invested in Ross Stores, Inc. The rating was maintained by Deutsche Bank on Tuesday, January 26 with "Hold". The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 18.63 and a beta of 1.10. DA Davidson has "Neutral" rating and $9 target. Silver Cap Management Ltd Liability Company owns 6,550 shares for 1.78% of their portfolio. Wisdomtree Tr (DEM) was reduced too.More news: Sensex Gives Up Gains, But Stays Positive For 3rd Day
Since March 10, 2017, it had 0 buys, and 11 selling transactions for $13.81 million activity. $1.02M worth of Ross Stores, Inc. (NASDAQ:ROST) earned "Neutral" rating by UBS on Friday, May 20. (NASDAQ:ROST) shares. Shares for $641,627 were sold by Hartshorn Michael J. Pfizer Inc. (NYSE:PFE) disclosed that the U.S. Food and Drug Administration (FDA) has authorized BESPONSA (inotuzumabozogamicin) for the treatment of adults with relapsed or refractory B-cell precursor acute lymphoblastic leukemia (ALL).1 BESPONSA was reviewed and authorized under the FDA's Breakthrough Therapy designation and Priority Review programs. (NASDAQ:ROST) on Thursday, March 23. BUSH MICHAEL J sold $582,723 worth of stock.
In related news, Director Sharon D. Garrett sold 16,130 shares of the firm's stock in a transaction that occurred on Friday, May 26th. This represents an increase of approximately 1,008% compared to the typical daily volume of 678 put options. Its up 0.24, from 0.84 in 2016Q3. Mgmt holds 0% in Citigroup Inc (NYSE:C) or 2 shares. 239,672 were accumulated by Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.53% in the stock. Barrington Strategic Wealth Mngmt Gru Ltd has 0.44% invested in Ross Stores, Inc. (NASDAQ ROST) opened at 54.37 on Thursday. Gateway Invest Advisers Ltd Liability Corp has 0.04% invested in Ross Stores, Inc. (NASDAQ:ROST) for 5,068 shares.
Nationwide Fund Advsrs has 493,705 shares. Goldman Sachs downgraded Ross Stores, Inc. Hgk Asset Management Incorporated reported 2.4% stake.