Ralph Lauren Co. (NYSE:RL) Position Cut by Fox Run Management L.L.C.

Fox Run Management L.L.C. lowered its holdings in shares of Ralph Lauren Co. (NYSE:RL) by 26.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,774 shares of the textile maker’s stock after selling 1,021 shares during the period. Fox Run Management L.L.C.’s holdings in Ralph Lauren were worth $641,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in RL. EverSource Wealth Advisors LLC raised its stake in shares of Ralph Lauren by 1,270.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 137 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 127 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker’s stock worth $47,000 after buying an additional 149 shares in the last quarter. True Wealth Design LLC lifted its stake in shares of Ralph Lauren by 8,933.3% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock worth $53,000 after acquiring an additional 268 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Ralph Lauren by 333.3% in the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock valued at $81,000 after acquiring an additional 270 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new position in shares of Ralph Lauren during the third quarter valued at approximately $86,000. Institutional investors and hedge funds own 67.91% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Jefferies Financial Group increased their price target on Ralph Lauren from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. UBS Group raised their target price on Ralph Lauren from $332.00 to $348.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Raymond James cut shares of Ralph Lauren from an “outperform” rating to a “market perform” rating in a research report on Monday, January 27th. Needham & Company LLC began coverage on shares of Ralph Lauren in a research report on Wednesday, February 12th. They set a “buy” rating and a $310.00 price objective for the company. Finally, Cowen reiterated a “buy” rating on shares of Ralph Lauren in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $284.62.

Ralph Lauren Stock Performance

Shares of Ralph Lauren stock opened at $236.74 on Tuesday. Ralph Lauren Co. has a 12 month low of $155.96 and a 12 month high of $289.33. 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 stock has a market cap of $14.62 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. The business has a fifty day simple moving average of $252.04 and a 200-day simple moving average of $225.05.

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

Ralph Lauren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $3.30 annualized dividend and a dividend yield of 1.39%. Ralph Lauren’s dividend payout ratio is 30.11%.

Ralph Lauren Company 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.