Cadinha & Co LLC Has Upped Its Stake in Ross Stores INC (ROST) as Market Value Declined

May 21, 2018 - By Hazel Jackson

Ross Stores, Inc. (NASDAQ:ROST) LogoInvestors sentiment decreased to 0.99 in Q4 2017. Its down 0.05, from 1.04 in 2017Q3. It dived, 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. Caprock Group holds 0.04% or 2,441 shares. Moreover, Timber Hill Ltd Liability Corp has 0.06% invested in Ross Stores, Inc. (NASDAQ:ROST) for 11,352 shares. Apg Asset Mgmt Nv accumulated 713,476 shares or 0.09% of the stock. Smithfield Tru reported 0.01% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Cibc Asset has invested 0.04% in Ross Stores, Inc. (NASDAQ:ROST). Citigroup reported 875,654 shares. Cypress Group invested in 0.81% or 48,615 shares. 8,000 were accumulated by Jarislowsky Fraser. Global X Mngmt Com Ltd Liability Corp owns 4,044 shares for 0.01% of their portfolio. Fjarde Ap accumulated 114,156 shares. Manufacturers Life The holds 0.04% or 500,494 shares in its portfolio. Winslow Evans & Crocker holds 0.14% or 5,506 shares in its portfolio. Pinebridge Invests LP has 134,458 shares. Cornerstone Advsr holds 570 shares or 0.03% of its portfolio. Lenox Wealth Mngmt invested in 13,078 shares or 0.32% of the stock.

Since March 12, 2018, it had 0 insider purchases, and 14 selling transactions for $23.14 million activity. Another trade for 3,361 shares valued at $258,591 was made by Hartshorn Michael J. on Friday, March 16. Brautigan Bernard G. sold $659,482 worth of Ross Stores, Inc. (NASDAQ:ROST) on Wednesday, March 14. The insider RENTLER BARBARA sold 15,000 shares worth $1.17M. On Thursday, March 22 the insider FASSIO JAMES S sold $3.09M. Shares for $1.97 million were sold by BALMUTH MICHAEL. $2.00 million worth of stock was sold by GARRETT SHARON D on Thursday, March 15.

Cadinha & Co Llc increased its stake in Ross Stores Inc (ROST) by 4314.53% based on its latest 2017Q4 regulatory filing with the SEC. Cadinha & Co Llc bought 141,085 shares as the company’s stock declined 4.38% with the market. The institutional investor held 144,355 shares of the consumer services company at the end of 2017Q4, valued at $11.58M, up from 3,270 at the end of the previous reported quarter. Cadinha & Co Llc who had been investing in Ross Stores Inc for a number of months, seems to be bullish on the $31.09 billion market cap company. The stock decreased 0.45% or $0.37 during the last trading session, reaching $82.1. About 2.18 million shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 17.72% since May 21, 2017 and is uptrending. It has outperformed by 6.17% the S&P500.

Another recent and important Ross Stores, Inc. (NASDAQ:ROST) news was published by Benzinga.com which published an article titled: “Bargain Bin: Kohl’s Rings Up Nearly 30% Upside” on May 08, 2018.

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

Among 15 analysts covering Ross Stores (NASDAQ:ROST), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Ross Stores had 19 analyst reports since December 14, 2017 according to SRatingsIntel. Wells Fargo maintained it with “Buy” rating and $91.0 target in Thursday, January 11 report. The company was maintained on Tuesday, January 23 by Susquehanna. The stock of Ross Stores, Inc. (NASDAQ:ROST) has “Buy” rating given on Tuesday, March 6 by Bank of America. The stock has “Buy” rating by Susquehanna on Wednesday, March 7. On Wednesday, March 7 the stock rating was maintained by Wells Fargo with “Buy”. Cowen & Co maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Tuesday, March 6. Cowen & Co has “Buy” rating and $85.0 target. The rating was maintained by Buckingham Research with “Neutral” on Wednesday, March 7. The firm has “Overweight” rating given on Wednesday, March 7 by Morgan Stanley. SunTrust maintained Ross Stores, Inc. (NASDAQ:ROST) on Friday, February 2 with “Buy” rating. As per Tuesday, March 6, the company rating was maintained by RBC Capital Markets.

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

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