Clear Street Markets LLC invests $108,000 in Ross Stores, Inc. (NASDAQ:ROST)

Clear Street Markets LLC has reportedly purchased Ross Stores, Inc. during the third quarter, as stated in the most recent Form 13F filing made by Ross Stores, Inc. of the Securities and Exchange Commission. Ross Stores stock is traded on the NASDAQ under the ticker ROST. The corporation spent approximately 108 thousand dollars to acquire 1,276 shares held by the clothing retailer.

In the last few months, several other important investors have also modified the amount of ROST stock they own. Core Alternative Capital grew its holdings in Ross Stores by 59.7% in the third quarter. Core Alternative Capital now owns 321 shares of the apparel retailer’s stock valued at a total of $27,000 after purchasing an additional 120 shares in the most recent quarter. This brings the total number of shares in Core Alternative Capital to 321. CVA Family Office LLC increased the percentage of Ross Stores it owns by 1,466.7% during the second quarter of the fiscal year. The company, CVA Family Office LLC, recently became the owner of 470 shares held by the clothing retailer. Each share is worth $33,000. This is a result of the fact that the corporation bought 440 additional shares during the most recent fiscal quarter. Ross Stores was awarded a new investment in the second quarter of the fiscal year by CoreCap Advisors LLC. The value of this investment is approximately $34,000. During the second quarter, Venture Visionary Partners LLC invested approximately $36,000 to purchase a new interest in Ross Stores. And finally, during the second quarter, Harvest Fund Management Co. Ltd. made a 419.8% increase in the number of Ross Stores shares it owns, bringing the total number of shares it owns to 100%. After buying an additional 424 shares during the most recent period, Harvest Fund Management Co. Ltd. now has a total of 525 shares, making the clothing store stock it owns worth $37,000. This brings the total number of shares it owns to 525. At this point, institutions own 89.07% of the company’s stock.

Also Read :  Analysis: Xi's next premier faces tough task reviving Chinese economy

ROST stock started its trading career on Thursday with an opening price of $117.38 per share. Last year, the share price of Ross Stores, Inc. moved between a low of $69.24 and a high of $122.44 at various points. The stock is trading at a price that equates to a price-to-earnings ratio of 28.49; the price-to-earnings growth ratio is 2.66; and the beta value for the stock is 0.98. The company’s stock market value is currently $40.42 billion. The ratio of current ratio to quick ratio is 1.23, while the ratio of current ratio to quick ratio is 1.95. The debt to equity ratio is 0.59. The current price of the company’s simple moving average over the past 50 days is $114.12, and its simple moving average over the past 200 days is $95.93.

Also Read :  How to Score an Extra $1,830 per Social Security Check

On November 17, Ross Stores, Inc. (NASDAQ: ROST ) released its latest quarterly earnings report. The apparel retailer reported quarterly earnings per share of $1.00 for the period, which was $0.19 above industry analysts’ consensus estimates of $0.81 per share. The company’s revenue for the quarter was $4.57 billion, which was higher than the estimated amount of $4.37 billion it would have brought in for the quarter. Ross Stores had a return on equity of 34.95%, while the company’s net margin reached 7.74%. The company’s revenue decline for the quarter was 2.3% on a measured basis

Also Read :  Organic & Natural Feminine Care Market Research Report by Type, Distribution Channel, Region - Global Forecast to 2027

Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button