It is currently trading at $61.15 just a bit higher than the 50 day moving average of $57.77 and a tad higher than the 200 day moving average of $60.76. The 50 day moving average went up by +5.85% whereas the 200 day average was up by +0.64%. Ross Stores, Inc. shares had a trading volume of 2,903K on Wednesday. Trading volume was down 28.83% under the stocks average daily volume.
Short traders are more bearish on shares of the company as evidenced by the increase in short interest. The firm realized a rise in short interest of 5.35% as of the latest report on August 31, 2017. Short interest increased 825,134 over that period. The days to cover decreased to 3.0 and the short interest percentage is 0.04% as of August 31.
Ross Stores, Inc. (NASDAQ:ROST) has been the object of insider selling activity recently. Barbara Rentler, CEO let go of $945,012 worth of shares at an average price of $61.00 on Tue the 12th. Rentler now owns $31,215,530 of stock as recorded in a recent Form 4 SEC filing.
Here are a few substantial investment firms who have updated their positions. Perigon Wealth Management, LLC downsized its holdings by selling 153 shares a decrease of 0.5%. Perigon Wealth Management, LLC claims 28,961 shares valued at $1,672,000. The total value of its holdings decreased 12.8%. Cantab Capital Partners Llp bolstered its position by buying 3,077 shares an increase of 13.4% from 03/31/2017 to 06/30/2017. Cantab Capital Partners Llp now holds 26,039 shares with a value of $1,503,000,000. The value of the position overall is up by 99,239.1%.
Gwm Advisors LLC grew its ownership by buying 4,128 shares an increase of 126.7% in the quarter. Gwm Advisors LLC owns 7,387 shares worth $404,803,000. The value of the position overall is up by 197,364.9%. As of the end of the quarter William Blair Investment Management, LLC had sold a total of 98,574 shares trimming its stake by 4.4%. The value of the investment in Ross Stores, Inc. went from $147,753,000 to $123,804,000 a change of $23,949,000 since the last quarter.
The company is so far trading up by 0.56%% since yesterday’s close of 60.81. Additionally Ross Stores, Inc. recently declared a dividend that will be paid on Fri Sep 29, 2017. The dividend payment will be $0.160 per share for the quarter which is $0.64 annualized. The dividend yield will be $1.05. The ex-dividend date will be Wednesday the 6th of September 2017.
The most current P/E ratio is 20.19 and market capitalization is 23.58B. As of the last earnings report the EPS was $3.03 and is estimated to be $3.23 for the current year with 385,592,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.92 and the next full year EPS is projected to be $3.53.
Ross Stores, Inc., launched on March 29, 1989, and its subsidiaries operate two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd’s DISCOUNTS. 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. The Company 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. The Company also operated 193 dd’s DISCOUNTS stores in 15 states as of January 28, 2017..