Personal CFO Solutions LLC Has $775,000 Stock Holdings in Ralph Lauren Co. (NYSE:RL)

Personal CFO Solutions LLC lowered its holdings in Ralph Lauren Co. (NYSE:RL) by 15.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,355 shares of the textile maker’s stock after selling 618 shares during the quarter. Personal CFO Solutions LLC’s holdings in Ralph Lauren were worth $775,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. grew its position in Ralph Lauren by 48.0% during the third quarter. Asset Management One Co. Ltd. now owns 943 shares of the textile maker’s stock worth $183,000 after buying an additional 306 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Ralph Lauren by 1.1% during the third quarter. Principal Financial Group Inc. now owns 64,999 shares of the textile maker’s stock valued at $12,601,000 after purchasing an additional 694 shares during the period. CWA Asset Management Group LLC acquired a new position in shares of Ralph Lauren in the third quarter valued at $1,751,000. Atria Investments Inc boosted its stake in Ralph Lauren by 55.8% during the third quarter. Atria Investments Inc now owns 1,922 shares of the textile maker’s stock worth $373,000 after buying an additional 688 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in Ralph Lauren by 18.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 22,395 shares of the textile maker’s stock valued at $4,341,000 after buying an additional 3,562 shares during the period. 67.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Jefferies Financial Group raised their price objective on shares of Ralph Lauren from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. BNP Paribas upgraded shares of Ralph Lauren to a “strong-buy” rating in a research note on Thursday, January 23rd. Guggenheim upped their price objective on Ralph Lauren from $285.00 to $310.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Raymond James downgraded Ralph Lauren from an “outperform” rating to a “market perform” rating in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. upped their price target on Ralph Lauren from $285.00 to $342.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ralph Lauren has a consensus rating of “Moderate Buy” and a consensus price target of $284.15.

Ralph Lauren Stock Down 2.4 %

Shares of NYSE RL opened at $232.51 on Monday. The company has a quick ratio of 1.31, a current ratio of 1.76 and a debt-to-equity ratio of 0.39. The company has a market cap of $14.36 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. Ralph Lauren Co. has a 12-month low of $155.96 and a 12-month high of $289.33. The firm’s 50-day simple moving average is $255.08 and its 200 day simple moving average is $221.09.

Ralph Lauren (NYSE:RL) last released its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, beating the consensus estimate of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. On average, research analysts expect that Ralph Lauren Co. will post 12.01 earnings per share for the current fiscal year.

Ralph Lauren Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were given a dividend of $0.825 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.42%. Ralph Lauren’s payout ratio is currently 30.11%.

About Ralph Lauren

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.