Atria Investments Inc Has $481,000 Position in Ralph Lauren Co. (NYSE:RL)

Atria Investments Inc raised its stake in shares of Ralph Lauren Co. (NYSE:RL) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,084 shares of the textile maker’s stock after buying an additional 162 shares during the quarter. Atria Investments Inc’s holdings in Ralph Lauren were worth $481,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Huntington National Bank grew its position in shares of Ralph Lauren by 86.6% in the 3rd quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock valued at $43,000 after purchasing an additional 103 shares during the period. Jones Financial Companies Lllp grew its position 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. True Wealth Design LLC grew its position in shares of Ralph Lauren by 8,933.3% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock valued at $53,000 after purchasing an additional 268 shares during the period. AM Squared Ltd acquired a new position in shares of Ralph Lauren in the 3rd quarter valued at approximately $58,000. Finally, Versant Capital Management Inc boosted its position in Ralph Lauren by 333.3% during the 4th quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock worth $81,000 after acquiring an additional 270 shares during the last quarter. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on RL. Jefferies Financial Group upped their price target on Ralph Lauren from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 price target on shares of Ralph Lauren in a research report on Tuesday, February 4th. UBS Group upped their price target on Ralph Lauren from $332.00 to $348.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. The Goldman Sachs Group upped their price objective on Ralph Lauren from $220.00 to $280.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, StockNews.com upgraded Ralph Lauren from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $284.15.

Ralph Lauren Stock Up 1.7 %

RL opened at $220.40 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $253.92 and its 200 day simple moving average is $222.45. Ralph Lauren Co. has a 1-year low of $155.96 and a 1-year high of $289.33. The stock has a market cap of $13.61 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50.

Ralph Lauren (NYSE:RL) last issued 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, research analysts expect that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be issued a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.50%. Ralph Lauren’s dividend payout ratio is 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.