Natixis Advisors LLC Has $5.51 Million Position in Ralph Lauren Co. (NYSE:RL)

Natixis Advisors LLC boosted its holdings in shares of Ralph Lauren Co. (NYSE:RL) by 78.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 23,845 shares of the textile maker’s stock after acquiring an additional 10,502 shares during the period. Natixis Advisors LLC’s holdings in Ralph Lauren were worth $5,508,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Frank Rimerman Advisors LLC acquired a new stake in Ralph Lauren during the 4th quarter worth $218,000. Poinciana Advisors Group LLC bought a new position in shares of Ralph Lauren during the fourth quarter worth $355,000. Hilton Capital Management LLC boosted its position in shares of Ralph Lauren by 4.9% during the fourth quarter. Hilton Capital Management LLC now owns 12,810 shares of the textile maker’s stock worth $2,959,000 after purchasing an additional 595 shares in the last quarter. LBP AM SA boosted its position in shares of Ralph Lauren by 54.6% during the fourth quarter. LBP AM SA now owns 26,293 shares of the textile maker’s stock worth $6,073,000 after purchasing an additional 9,284 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Ralph Lauren by 12.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,557 shares of the textile maker’s stock worth $360,000 after purchasing an additional 175 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Analyst Upgrades and Downgrades

RL has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised shares of Ralph Lauren from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $280.00 to $286.00 in a research report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of Ralph Lauren from $285.00 to $342.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Wells Fargo & Company boosted their price objective on shares of Ralph Lauren from $225.00 to $275.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Barclays boosted their price objective on shares of Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, Needham & Company LLC started coverage on shares of Ralph Lauren in a research note on Wednesday, February 12th. They issued a “buy” rating and a $310.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $284.62.

Ralph Lauren Stock Down 0.5 %

Ralph Lauren stock opened at $223.97 on Friday. The firm has a market capitalization of $13.83 billion, a PE ratio of 20.44, a P/E/G ratio of 1.73 and a beta of 1.50. The company’s 50-day moving average is $252.02 and its 200-day moving average is $223.89. Ralph Lauren Co. has a fifty-two week low of $155.96 and a fifty-two week high of $289.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. Sell-side analysts anticipate that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be paid a $0.825 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $3.30 dividend on an annualized basis and a yield of 1.47%. Ralph Lauren’s dividend payout ratio (DPR) is currently 30.11%.

Ralph Lauren Profile

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.