919 Shares in Ralph Lauren Co. (NYSE:RL) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new stake in shares of Ralph Lauren Co. (NYSE:RL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 919 shares of the textile maker’s stock, valued at approximately $212,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Graham Capital Management L.P. purchased a new stake in shares of Ralph Lauren during the 4th quarter valued at about $2,562,000. Ground Swell Capital LLC bought a new stake in Ralph Lauren during the fourth quarter worth approximately $236,000. Focus Partners Wealth raised its position in Ralph Lauren by 30.8% during the fourth quarter. Focus Partners Wealth now owns 2,943 shares of the textile maker’s stock valued at $680,000 after purchasing an additional 693 shares during the period. Ensign Peak Advisors Inc lifted its stake in shares of Ralph Lauren by 8.5% in the 4th quarter. Ensign Peak Advisors Inc now owns 21,536 shares of the textile maker’s stock valued at $4,974,000 after purchasing an additional 1,682 shares during the last quarter. Finally, FORA Capital LLC purchased a new position in shares of Ralph Lauren in the 4th quarter worth approximately $420,000. 67.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on RL shares. Citigroup decreased their price target on Ralph Lauren from $282.00 to $219.00 and set a “neutral” rating on the stock in a report on Monday, April 7th. StockNews.com downgraded shares of Ralph Lauren from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Cfra Research upgraded shares of Ralph Lauren from a “moderate sell” rating to a “hold” rating in a report on Monday, April 14th. JPMorgan Chase & Co. upped their price target on shares of Ralph Lauren from $285.00 to $342.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $315.00 price objective on shares of Ralph Lauren in a research note on Friday. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ralph Lauren currently has a consensus rating of “Moderate Buy” and an average target price of $277.29.

Ralph Lauren Trading Up 2.1%

Shares of NYSE RL opened at $274.65 on Monday. Ralph Lauren Co. has a twelve month low of $155.96 and a twelve 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 business has a fifty day simple moving average of $222.67 and a two-hundred day simple moving average of $233.41. The firm has a market cap of $16.96 billion, a PE ratio of 25.06, a price-to-earnings-growth ratio of 1.73 and a beta of 1.44.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Friday, March 28th. Ralph Lauren’s dividend payout ratio (DPR) is presently 30.11%.

Ralph Lauren 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.