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Mitsubishi UFJ Asset Management Co. Ltd. Raises Position in Ross Stores, Inc. $ROST
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Ross Stores, Inc. (NASDAQ:ROST) by 4.5% during the fourth quarter, now owning 734,189 shares valued at $134,246,000. Other institutional investors have also adjusted their positions, and insider selling by CMO Karen Sykes and COO Michael J. Hartshorn was reported. Ross Stores reported strong fourth-quarter earnings, increased its dividend, and analysts maintain a “Moderate Buy” rating with a consensus target price of $212.06.