Azimuth Capital Management LLC Stake In Ross Stores (ROST) Was Boosted

May 26, 2018 - By Nellie Frank

Ross Stores, Inc. (NASDAQ:ROST) LogoInvestors sentiment decreased to 0.99 in Q4 2017. Its down 0.05, from 1.04 in 2017Q3. It worsened, as 39 investors sold ROST shares while 237 reduced holdings. 106 funds opened positions while 166 raised stakes. 329.97 million shares or 2.79% less from 339.45 million shares in 2017Q3 were reported. Virginia Retirement Et Al reported 242,200 shares or 0.23% of all its holdings. Exxonmobil Invest Mngmt Tx invested in 61,311 shares or 0.13% of the stock. Teacher Retirement Systems Of Texas owns 642,799 shares or 0.34% of their US portfolio. Bancshares Of Montreal Can reported 430,361 shares. Marketfield Asset Llc holds 2.26% or 104,536 shares in its portfolio. Calamos Advsrs Lc stated it has 0.02% in Ross Stores, Inc. (NASDAQ:ROST). Tirschwell Loewy has invested 2.42% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Pittenger Anderson owns 38,670 shares for 0.27% of their portfolio. Cim Ltd Liability Com has invested 0.22% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Employees Retirement Systems Of Texas stated it has 214,000 shares or 0.22% of all its holdings. Asset Mngmt One Limited holds 0.11% in Ross Stores, Inc. (NASDAQ:ROST) or 627,804 shares. Royal Fincl Bank Of Canada holds 0.05% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST) for 1.36M shares. Moreover, Highbridge Capital Ltd Limited Liability Company has 0.02% invested in Ross Stores, Inc. (NASDAQ:ROST). Neuberger Berman Grp Ltd Liability Corp holds 0.04% or 402,599 shares in its portfolio. Bridgewater Assocs Lp holds 0.09% in Ross Stores, Inc. (NASDAQ:ROST) or 142,572 shares.

Since March 12, 2018, it had 0 insider purchases, and 14 sales for $23.14 million activity. $1.44 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares were sold by Morrow Brian R.. Another trade for 12,471 shares valued at $991,139 was made by Panattoni Lisa R on Thursday, April 5. Shares for $1.38 million were sold by Brautigan Bernard G.. RENTLER BARBARA sold 15,000 shares worth $1.17M. Another trade for 5,060 shares valued at $392,795 was sold by Hartshorn Michael J.. $3.09 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares were sold by FASSIO JAMES S.

Azimuth Capital Management Llc increased its stake in Ross Stores (ROST) by 63.17% based on its latest 2017Q4 regulatory filing with the SEC. Azimuth Capital Management Llc bought 42,395 shares as the company’s stock declined 4.38% with the market. The institutional investor held 109,510 shares of the consumer services company at the end of 2017Q4, valued at $8.79 million, up from 67,115 at the end of the previous reported quarter. Azimuth Capital Management Llc who had been investing in Ross Stores for a number of months, seems to be bullish on the $29.28B market cap company. The stock decreased 6.77% or $5.62 during the last trading session, reaching $77.34. About 7.25 million shares traded or 154.60% up from the average. Ross Stores, Inc. (NASDAQ:ROST) has risen 17.72% since May 26, 2017 and is uptrending. It has outperformed by 6.17% the S&P500.

More notable recent Ross Stores, Inc. (NASDAQ:ROST) news were published by: Benzinga.com which released: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” on May 23, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Starbucks, Splunk, PayPal, L Brands, Medtronic, Gap, Novartis and More” published on May 25, 2018, Seekingalpha.com published: “Ross Stores Sandbags Again – Buy The Pullback” on May 25, 2018. More interesting news about Ross Stores, Inc. (NASDAQ:ROST) were released by: Benzinga.com and their article: “26 Stocks Moving In Friday’s Pre-Market Session” published on May 25, 2018 as well as Benzinga.com‘s news article titled: “33 Stocks Moving In Friday’s Mid-Day Session” with publication date: May 25, 2018.

Ross Stores, Inc. (NASDAQ:ROST) Ratings Coverage

Among 16 analysts covering Ross Stores (NASDAQ:ROST), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Ross Stores has $100.0 highest and $73.0 lowest target. $87’s average target is 12.49% above currents $77.34 stock price. Ross Stores had 21 analyst reports since December 14, 2017 according to SRatingsIntel. Bank of America maintained Ross Stores, Inc. (NASDAQ:ROST) on Tuesday, March 6 with “Buy” rating. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Buy” rating by Susquehanna on Wednesday, March 7. The rating was maintained by SunTrust with “Buy” on Wednesday, March 7. The firm has “Buy” rating given on Monday, April 30 by Deutsche Bank. Wells Fargo maintained it with “Buy” rating and $86.0 target in Wednesday, March 7 report. The stock of Ross Stores, Inc. (NASDAQ:ROST) has “Hold” rating given on Tuesday, March 6 by RBC Capital Markets. SunTrust maintained the shares of ROST in report on Friday, February 2 with “Buy” rating. The firm has “Buy” rating given on Wednesday, January 17 by Nomura. The stock has “Neutral” rating by Buckingham Research on Wednesday, March 7. As per Wednesday, March 7, the company rating was maintained by Jefferies.

Ross Stores, Inc. (NASDAQ:ROST) Institutional Positions Chart

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