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Ross Stores, Inc. $ROST Shares Sold by M&T Bank Corp
M&T Bank Corp significantly reduced its stake in Ross Stores, Inc. by 90.1% in the fourth quarter, selling 32,829 shares and retaining 3,605 shares valued at approximately $649,000. Despite this, Ross Stores exceeded Q4 earnings expectations with EPS of $2.00 and revenue of $6.64 billion, leading to a dividend increase to $0.445. The company maintains a “Moderate Buy” consensus rating from analysts, with institutional investors holding 86.86% of the stock.