1,024 Shares in Ralph Lauren Co. (NYSE:RL) Purchased by Fielder Capital Group LLC

Fielder Capital Group LLC purchased a new stake in shares of Ralph Lauren Co. (NYSE:RL) in the 4th quarter, Holdings Channel.com reports. The firm purchased 1,024 shares of the textile maker’s stock, valued at approximately $237,000.

Other institutional investors have also added to or reduced their stakes in the company. Burney Co. bought a new stake in Ralph Lauren during the fourth quarter worth approximately $5,711,000. Charles Schwab Investment Management Inc. increased its position in shares of Ralph Lauren by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker’s stock valued at $95,537,000 after purchasing an additional 13,640 shares during the last quarter. Bridgewater Associates LP raised its holdings in Ralph Lauren by 145.8% during the 3rd quarter. Bridgewater Associates LP now owns 59,927 shares of the textile maker’s stock valued at $11,618,000 after buying an additional 35,550 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Ralph Lauren in the third quarter worth $1,819,000. Finally, CWA Asset Management Group LLC lifted its position in Ralph Lauren by 31.9% in the fourth quarter. CWA Asset Management Group LLC now owns 11,913 shares of the textile maker’s stock worth $2,752,000 after buying an additional 2,880 shares during the last quarter. Hedge funds and other institutional investors own 67.91% of the company’s stock.

Analyst Upgrades and Downgrades

RL has been the topic of several recent analyst reports. Cowen reissued a “buy” rating on shares of Ralph Lauren in a research note on Tuesday, February 4th. TD Cowen increased their price objective on shares of Ralph Lauren from $258.00 to $268.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Telsey Advisory Group restated an “outperform” rating and set a $265.00 target price on shares of Ralph Lauren in a research report on Tuesday, February 4th. The Goldman Sachs Group increased their price target on Ralph Lauren from $220.00 to $280.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Finally, Guggenheim boosted their price objective on Ralph Lauren from $285.00 to $310.00 and gave the company a “buy” rating in a report on Friday, February 7th. 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.com, Ralph Lauren presently has a consensus rating of “Moderate Buy” and an average target price of $284.15.

Ralph Lauren Stock Performance

RL stock opened at $270.93 on Friday. Ralph Lauren Co. has a 1-year low of $155.96 and a 1-year high of $289.33. The business has a 50-day moving average price of $252.68 and a 200 day moving average price of $216.67. The company has a market capitalization of $16.73 billion, a P/E ratio of 24.72, a PEG ratio of 1.73 and a beta of 1.49. 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 posted 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%. As a group, equities research analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current fiscal year.

Ralph Lauren Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a dividend of $0.825 per share. The ex-dividend date was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a yield of 1.22%. 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.