Ralph Lauren Co. (NYSE:RL) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in Ralph Lauren Co. (NYSE:RL) by 32.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,542 shares of the textile maker’s stock after buying an additional 1,838 shares during the period. Yousif Capital Management LLC’s holdings in Ralph Lauren were worth $1,742,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Mather Group LLC. increased its holdings in shares of Ralph Lauren by 4.1% in the 4th quarter. Mather Group LLC. now owns 1,182 shares of the textile maker’s stock valued at $273,000 after acquiring an additional 47 shares during the last quarter. M&T Bank Corp increased its stake in 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 purchasing an additional 55 shares during the last quarter. Simmons Bank raised its holdings in Ralph Lauren by 2.3% during the third quarter. Simmons Bank now owns 2,703 shares of the textile maker’s stock worth $524,000 after purchasing an additional 62 shares in the last quarter. Commerce Bank lifted its position in shares of Ralph Lauren by 1.2% during the 3rd quarter. Commerce Bank now owns 5,687 shares of the textile maker’s stock worth $1,103,000 after buying an additional 66 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its holdings in shares of 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 buying an additional 88 shares in the last quarter. 67.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

RL has been the topic of several research analyst reports. UBS Group lifted their price target on shares of Ralph Lauren from $332.00 to $348.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Jefferies Financial Group lifted their target price 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 reissued an “outperform” rating and issued a $265.00 target price on shares of Ralph Lauren in a research report on Tuesday, February 4th. TD Cowen lifted their price target on Ralph Lauren from $258.00 to $268.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Finally, Raymond James downgraded Ralph Lauren from an “outperform” rating to a “market perform” rating in a report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $276.55.

Ralph Lauren Price Performance

Ralph Lauren stock opened at $272.06 on Wednesday. The business has a 50 day simple moving average of $240.51 and a 200-day simple moving average of $207.91. Ralph Lauren Co. has a 12 month low of $155.96 and a 12 month high of $289.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.18. The stock has a market capitalization of $16.90 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 2.03 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last released 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 net margin of 10.14% and a return on equity of 30.88%. Equities analysts predict that Ralph Lauren Co. will post 11.73 earnings per share for the current year.

Ralph Lauren Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren’s payout ratio is 30.11%.

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.