Catalyst Capital Advisors LLC Has $3.41 Million Holdings in Ralph Lauren Co. (NYSE:RL)

Catalyst Capital Advisors LLC boosted its holdings in shares of Ralph Lauren Co. (NYSE:RL - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,740 shares of the textile maker's stock after purchasing an additional 3,120 shares during the period. Catalyst Capital Advisors LLC's holdings in Ralph Lauren were worth $3,405,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Lord Abbett & CO. LLC purchased a new position in Ralph Lauren during the 3rd quarter valued at about $94,831,000. Pacer Advisors Inc. raised its holdings in shares of Ralph Lauren by 13.7% during the third quarter. Pacer Advisors Inc. now owns 1,139,975 shares of the textile maker's stock worth $221,007,000 after acquiring an additional 137,631 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Ralph Lauren during the 3rd quarter valued at about $19,320,000. Atreides Management LP grew its position in Ralph Lauren by 28.3% in the third quarter. Atreides Management LP now owns 377,481 shares of the textile maker's stock worth $73,182,000 after acquiring an additional 83,349 shares in the last quarter. Finally, Holocene Advisors LP boosted its holdings in Ralph Lauren by 10.2% in the third quarter. Holocene Advisors LP now owns 839,296 shares of the textile maker's stock worth $162,714,000 after purchasing an additional 78,008 shares in the last quarter. 67.91% of the stock is owned by institutional investors.

Ralph Lauren Price Performance

Shares of RL stock traded down $0.06 during trading hours on Thursday, hitting $286.38. 661,875 shares of the company's stock were exchanged, compared to its average volume of 765,772. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31. The stock has a market cap of $17.69 billion, a price-to-earnings ratio of 26.13, a price-to-earnings-growth ratio of 1.73 and a beta of 1.49. Ralph Lauren Co. has a 52 week low of $155.96 and a 52 week high of $289.33. The stock's 50-day moving average is $247.94 and its 200-day moving average is $212.78.

Ralph Lauren (NYSE:RL - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) for the quarter, beating 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%. As a group, research analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current 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 given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Friday, December 27th. Ralph Lauren's payout ratio is 30.11%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Guggenheim increased their price target on Ralph Lauren from $285.00 to $310.00 and gave the company a "buy" rating in a report on Friday, February 7th. TD Cowen boosted their target price on shares of Ralph Lauren from $258.00 to $268.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Barclays increased their target price on Ralph Lauren from $257.00 to $310.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. BNP Paribas upgraded shares of Ralph Lauren to a "strong-buy" rating in a report on Thursday, January 23rd. Finally, Argus raised Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 target price for the company in a research report on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $279.33.

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.