5,950 Shares in Ralph Lauren Co. (NYSE:RL) Acquired by Inceptionr LLC

Inceptionr LLC acquired a new position in Ralph Lauren Co. (NYSE:RL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,950 shares of the textile maker’s stock, valued at approximately $1,374,000.

A number of other hedge funds have also recently added to or reduced their stakes in RL. Huntington National Bank increased its holdings in Ralph Lauren by 86.6% in the third quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock worth $43,000 after buying an additional 103 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Ralph Lauren by 281.1% in the fourth quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker’s stock worth $47,000 after buying an additional 149 shares during the last quarter. True Wealth Design LLC increased its holdings in Ralph Lauren by 8,933.3% in the third quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock worth $53,000 after buying an additional 268 shares during the last quarter. AM Squared Ltd acquired a new position in Ralph Lauren during the third quarter valued at approximately $58,000. Finally, Versant Capital Management Inc grew its holdings 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 during the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on RL shares. Argus upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a report on Tuesday, December 31st. 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. Raymond James downgraded Ralph Lauren from an “outperform” rating to a “market perform” rating in a report on Monday, January 27th. Wells Fargo & Company increased their price target on Ralph Lauren from $225.00 to $275.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, The Goldman Sachs Group increased 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 analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $284.15.

Ralph Lauren Stock Down 1.2 %

Shares of RL stock opened at $249.79 on Thursday. The stock has a market cap of $15.43 billion, a P/E ratio of 22.79, a price-to-earnings-growth ratio of 1.73 and a beta of 1.49. Ralph Lauren Co. has a one year low of $155.96 and a one year high of $289.33. The stock has a fifty day moving average price of $254.55 and a 200 day moving average price of $219.57. 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 issued its 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%. Analysts predict that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors 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 annualized dividend and a yield of 1.32%. Ralph Lauren’s dividend payout ratio (DPR) is currently 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.