Dimensional Fund Advisors LP Has $111.13 Million Stock Holdings in Ralph Lauren Co. (NYSE:RL)

Dimensional Fund Advisors LP lifted its stake in Ralph Lauren Co. (NYSE:RL) by 1.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 481,109 shares of the textile maker’s stock after purchasing an additional 6,981 shares during the quarter. Dimensional Fund Advisors LP owned 0.77% of Ralph Lauren worth $111,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its position in 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 buying an additional 127 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Ralph Lauren by 281.1% in the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker’s stock valued at $47,000 after purchasing an additional 149 shares during the period. Pinpoint Asset Management Ltd lifted its position in shares of Ralph Lauren by 22,500.0% in the fourth quarter. Pinpoint Asset Management Ltd now owns 226 shares of the textile maker’s stock worth $52,000 after purchasing an additional 225 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in shares of Ralph Lauren during the fourth quarter worth approximately $63,000. Finally, Versant Capital Management Inc grew its position in Ralph Lauren by 333.3% during the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock valued at $81,000 after purchasing an additional 270 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Stock Down 0.1 %

Ralph Lauren stock opened at $220.01 on Monday. 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 Co. has a fifty-two week low of $155.96 and a fifty-two week high of $289.33. The firm has a fifty day moving average price of $226.61 and a two-hundred day moving average price of $228.73. The firm has a market cap of $13.59 billion, a price-to-earnings ratio of 20.07, a P/E/G ratio of 1.73 and a beta of 1.38.

Ralph Lauren (NYSE:RL) last issued its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping the consensus estimate 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, analysts forecast that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date was Friday, March 28th. Ralph Lauren’s dividend payout ratio (DPR) is presently 30.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on RL shares. Barclays lifted their target price on shares of Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Telsey Advisory Group restated an “outperform” rating and issued a $265.00 target price on shares of Ralph Lauren in a research note on Tuesday, February 4th. JPMorgan Chase & Co. raised their price target on Ralph Lauren from $285.00 to $342.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Argus raised Ralph Lauren from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Tuesday, December 31st. Finally, TD Cowen raised their price objective on shares of Ralph Lauren from $258.00 to $268.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Ralph Lauren has an average rating of “Moderate Buy” and a consensus target price of $275.71.

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.