Caprock Group LLC Invests $286,000 in Ralph Lauren Co. (NYSE:RL)

Caprock Group LLC purchased a new position in shares of Ralph Lauren Co. (NYSE:RL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,233 shares of the textile maker's stock, valued at approximately $286,000.

Other institutional investors have also recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in Ralph Lauren by 13.7% in the 3rd quarter. Pacer Advisors Inc. now owns 1,139,975 shares of the textile maker's stock valued at $221,007,000 after acquiring an additional 137,631 shares during the period. Geode Capital Management LLC raised its position in shares of Ralph Lauren by 3.3% in the third quarter. Geode Capital Management LLC now owns 949,512 shares of the textile maker's stock valued at $183,787,000 after purchasing an additional 30,694 shares during the period. Holocene Advisors LP lifted its stake in shares of Ralph Lauren by 10.2% during the 3rd quarter. Holocene Advisors LP now owns 839,296 shares of the textile maker's stock worth $162,714,000 after buying an additional 78,008 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Ralph Lauren by 13.2% during the 3rd quarter. Jennison Associates LLC now owns 520,393 shares of the textile maker's stock worth $100,889,000 after buying an additional 60,610 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Ralph Lauren by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker's stock valued at $95,537,000 after buying an additional 13,640 shares during the last quarter. Institutional investors and hedge funds own 67.91% of the company's stock.

Ralph Lauren Trading Down 0.0 %

NYSE:RL traded down $0.13 during trading hours on Monday, hitting $268.83. 783,314 shares of the company were exchanged, compared to its average volume of 782,704. The company has a fifty day simple moving average of $239.70 and a 200 day simple moving average of $207.17. Ralph Lauren Co. has a one year low of $155.96 and a one year high of $289.33. The stock has a market capitalization of $16.69 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 2.03 and a beta of 1.49. The company has a current ratio of 1.76, a quick ratio of 1.18 and a debt-to-equity ratio of 0.39.

Ralph Lauren (NYSE:RL - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share (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%. Sell-side analysts expect that Ralph Lauren Co. will post 11.73 EPS for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a $0.825 dividend. The ex-dividend date was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a yield of 1.23%. Ralph Lauren's payout ratio is currently 30.11%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lifted their target price on Ralph Lauren from $225.00 to $275.00 and gave the stock an "equal weight" rating in a report on Friday. Barclays lifted their price objective on shares of Ralph Lauren from $257.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday. Argus upgraded shares of Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 target price on the stock in a research report on Tuesday, December 31st. BNP Paribas upgraded shares of Ralph Lauren to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, UBS Group increased 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. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $276.55.

About Ralph Lauren

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.