J. W. Coons Advisors LLC Buys Shares of 1,805 Ross Stores, Inc. (NASDAQ:ROST)

J. W. Coons Advisors LLC purchased a new position in Ross Stores, Inc. (NASDAQ:ROST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,805 shares of the apparel retailer’s stock, valued at approximately $273,000.

A number of other institutional investors have also recently made changes to their positions in the stock. ORG Partners LLC raised its holdings 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 buying an additional 191 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of Ross Stores during the fourth quarter worth approximately $51,000. Ashton Thomas Securities LLC bought a new stake in shares of Ross Stores in the 3rd quarter worth approximately $53,000. Oakworth Capital Inc. purchased a new stake in shares of Ross Stores in the 4th quarter valued at $57,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Ross Stores in the 3rd quarter valued at $59,000. Institutional investors own 86.86% of the company’s stock.

Analyst Ratings Changes

ROST has been the topic of a number of analyst reports. Guggenheim reiterated a “buy” rating and issued a $180.00 target price on shares of Ross Stores in a research report on Friday, November 22nd. JPMorgan Chase & Co. boosted their target price on Ross Stores from $171.00 to $173.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Morgan Stanley restated an “equal weight” rating and set a $140.00 price target (down from $164.00) on shares of Ross Stores in a research report on Tuesday, January 21st. StockNews.com downgraded Ross Stores from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Citigroup cut shares of Ross Stores from a “buy” rating to a “neutral” rating and cut their target price for the stock from $179.00 to $152.00 in a report on Tuesday, November 12th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $169.06.

Ross Stores Price Performance

ROST stock opened at $135.93 on Tuesday. 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 1 year low of $127.53 and a 1 year high of $163.60. The firm has a 50-day moving average of $147.65 and a 200 day moving average of $147.93. The company has a market cap of $44.85 billion, a P/E ratio of 21.41, a PEG ratio of 2.13 and a beta of 1.10.

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.