Twin Capital Management Inc. Raises Position in Ralph Lauren Co. (NYSE:RL)

Twin Capital Management Inc. lifted its holdings in shares of Ralph Lauren Co. (NYSE:RL) by 1.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,659 shares of the textile maker’s stock after acquiring an additional 85 shares during the period. Twin Capital Management Inc.’s holdings in Ralph Lauren were worth $1,307,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of RL. Mather Group LLC. lifted its position in shares of Ralph Lauren by 4.1% during the 4th quarter. Mather Group LLC. now owns 1,182 shares of the textile maker’s stock valued at $273,000 after buying an additional 47 shares in the last quarter. M&T Bank Corp lifted its position in shares of Ralph Lauren by 3.4% in the third quarter. M&T Bank Corp now owns 1,657 shares of the textile maker’s stock valued at $321,000 after acquiring an additional 55 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Ralph Lauren by 6.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker’s stock worth $231,000 after acquiring an additional 62 shares during the last quarter. TD Private Client Wealth LLC raised its stake in Ralph Lauren by 19.6% in the 4th quarter. TD Private Client Wealth LLC now owns 446 shares of the textile maker’s stock valued at $103,000 after purchasing an additional 73 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its holdings in Ralph Lauren by 7.4% in the 4th quarter. Atomi Financial Group Inc. now owns 1,274 shares of the textile maker’s stock valued at $294,000 after purchasing an additional 88 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Trading Down 2.4 %

NYSE:RL opened at $192.87 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.31 and a current ratio of 1.76. Ralph Lauren Co. has a 1 year low of $155.96 and a 1 year high of $289.33. The stock has a fifty day moving average price of $246.48 and a two-hundred day moving average price of $227.81. The stock has a market capitalization of $11.91 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.73 and a beta of 1.38.

Ralph Lauren (NYSE:RL) last posted its quarterly earnings data 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%. As a group, sell-side analysts anticipate that Ralph Lauren Co. will post 12.01 earnings per share for the current fiscal year.

Ralph Lauren Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued 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 1.71%. Ralph Lauren’s payout ratio is 30.11%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on RL shares. Raymond James lowered shares of Ralph Lauren from an “outperform” rating to a “market perform” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. boosted their price objective on Ralph Lauren from $285.00 to $342.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Guggenheim lifted their price target on shares of Ralph Lauren from $285.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Jefferies Financial Group upped 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. Finally, Needham & Company LLC began coverage on shares of Ralph Lauren in a report on Wednesday, February 12th. They issued a “buy” rating and a $310.00 target price for the company. Three equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $279.93.

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.