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Gateway Investment Advisers LLC Boosts Position in Ross Stores, Inc. $ROST
Gateway Investment Advisers LLC significantly increased its stake in Ross Stores, Inc. (NASDAQ:ROST) by 376.3% in the fourth quarter, now owning 10,969 shares valued at approximately $1.98 million. This comes as Ross Stores reported strong quarterly results, beating EPS and revenue expectations, and raised its quarterly dividend. The company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $212.06.