Eisler Capital Management Ltd. Acquires Shares of 5,919 Ross Stores, Inc. (NASDAQ:ROST)

Eisler Capital Management Ltd. acquired a new position in Ross Stores, Inc. (NASDAQ:ROST - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,919 shares of the apparel retailer's stock, valued at approximately $904,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Larson Financial Group LLC increased its holdings in Ross Stores by 152.9% during the 4th quarter. Larson Financial Group LLC now owns 177 shares of the apparel retailer's stock worth $27,000 after purchasing an additional 107 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in shares of Ross Stores during the fourth quarter worth $31,000. ORG Partners LLC lifted its holdings in shares of Ross Stores by 434.1% in 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. Cary Street Partners Financial LLC purchased a new stake in shares of Ross Stores in the 4th quarter valued at about $48,000. Finally, Kestra Investment Management LLC purchased a new position in shares of Ross Stores during the 4th quarter valued at about $51,000. 86.86% of the stock is currently owned by institutional investors.

Insider Transactions at Ross Stores

In other Ross Stores news, CMO Karen Sykes sold 5,036 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $130.48, for a total value of $657,097.28. Following the completion of the sale, the chief marketing officer now directly owns 110,365 shares in the company, valued at $14,400,425.20. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Karen Fleming sold 5,339 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $125.73, for a total value of $671,272.47. Following the completion of the transaction, the chief marketing officer now owns 94,063 shares in the company, valued at $11,826,540.99. This represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,398 shares of company stock valued at $4,439,950 in the last ninety days. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

ROST has been the subject of a number of analyst reports. StockNews.com lowered shares of Ross Stores from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Citigroup raised Ross Stores from a "neutral" rating to a "buy" rating and set a $146.00 price objective on the stock in a research report on Thursday, April 3rd. Evercore ISI cut their price objective on Ross Stores from $175.00 to $170.00 and set an "outperform" rating for the company in a report on Wednesday, March 5th. UBS Group decreased their price target on shares of Ross Stores from $168.00 to $163.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 5th. Finally, Barclays upped their price objective on Ross Stores from $150.00 to $157.00 and gave the stock an "overweight" rating in a research note on Monday. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Ross Stores currently has an average rating of "Moderate Buy" and a consensus target price of $161.20.

Ross Stores Trading Up 0.0%

Shares of NASDAQ:ROST traded up $0.07 during trading on Tuesday, reaching $149.33. 1,658,337 shares of the company were exchanged, compared to its average volume of 2,654,843. The business's fifty day simple moving average is $134.24 and its 200-day simple moving average is $142.35. 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 12-month low of $122.36 and a 12-month high of $163.60. The firm has a market capitalization of $49.10 billion, a PE ratio of 23.52, a P/E/G ratio of 2.13 and a beta of 1.17.

Ross Stores (NASDAQ:ROST - Get Free Report) last issued its earnings results on Tuesday, March 4th. The apparel retailer reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.14. Ross Stores had a return on equity of 41.83% and a net margin of 9.95%. The business had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.95 billion. On average, research analysts anticipate that Ross Stores, Inc. will post 6.17 EPS for the current year.

Ross Stores Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th were given a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 1.08%. The ex-dividend date was Tuesday, March 18th. This is a positive change from Ross Stores's previous quarterly dividend of $0.37. Ross Stores's dividend payout ratio is currently 25.63%.

About Ross Stores

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.