Ralph Lauren Co. (NYSE:RL) Stock Position Increased by Savant Capital LLC

Savant Capital LLC lifted its position in Ralph Lauren Co. (NYSE:RL) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,837 shares of the textile maker’s stock after buying an additional 127 shares during the period. Savant Capital LLC’s holdings in Ralph Lauren were worth $4,351,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of RL. Burney Co. acquired a new position in shares of Ralph Lauren in the 4th quarter worth $5,711,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Ralph Lauren by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker’s stock worth $95,537,000 after acquiring an additional 13,640 shares during the last quarter. Bridgewater Associates LP grew its holdings in shares of Ralph Lauren by 145.8% in the 3rd quarter. Bridgewater Associates LP now owns 59,927 shares of the textile maker’s stock worth $11,618,000 after acquiring an additional 35,550 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Ralph Lauren in the 3rd quarter worth $1,819,000. Finally, CWA Asset Management Group LLC grew its holdings in shares of Ralph Lauren by 31.9% in the 4th quarter. CWA Asset Management Group LLC now owns 11,913 shares of the textile maker’s stock worth $2,752,000 after acquiring an additional 2,880 shares during the last quarter. Institutional investors own 67.91% of the company’s stock.

Wall Street Analyst Weigh In

RL has been the topic of a number of recent research reports. Cfra set a $171.00 target price on Ralph Lauren in a report on Thursday, October 17th. UBS Group lifted their target price on Ralph Lauren from $332.00 to $348.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 price target on shares of Ralph Lauren in a report on Tuesday, February 4th. StockNews.com upgraded Ralph Lauren from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Finally, The Goldman Sachs Group lifted their price target on Ralph Lauren from $220.00 to $280.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $276.55.

Ralph Lauren Stock Performance

Shares of NYSE RL opened at $272.06 on Wednesday. The business’s 50-day moving average price is $240.51 and its two-hundred day moving average price is $207.91. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.18. Ralph Lauren Co. has a one year low of $155.96 and a one year high of $289.33. The company has a market capitalization of $16.90 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 2.03 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last issued its 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 return on equity of 30.88% and a net margin of 10.14%. Analysts anticipate that Ralph Lauren Co. will post 11.73 earnings per share for the current fiscal year.

Ralph Lauren Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.825 dividend. The ex-dividend date was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.21%. Ralph Lauren’s dividend payout ratio is currently 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.