Crossmark Global Holdings Inc. Has $4.34 Million Holdings in Ralph Lauren Co. (NYSE:RL)

Crossmark Global Holdings Inc. boosted its position in Ralph Lauren Co. (NYSE:RL - Free Report) by 18.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,395 shares of the textile maker's stock after purchasing an additional 3,562 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Ralph Lauren were worth $4,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Family Firm Inc. acquired a new position in Ralph Lauren during the second quarter worth about $30,000. Gladius Capital Management LP bought a new stake in Ralph Lauren during the second quarter worth approximately $31,000. Versant Capital Management Inc lifted its position in shares of Ralph Lauren by 1,775.0% during the 2nd quarter. Versant Capital Management Inc now owns 225 shares of the textile maker's stock valued at $39,000 after acquiring an additional 213 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Ralph Lauren in the 1st quarter valued at approximately $63,000. Finally, Signaturefd LLC grew its position in Ralph Lauren by 80.8% during the 2nd quarter. Signaturefd LLC now owns 367 shares of the textile maker's stock worth $64,000 after purchasing an additional 164 shares in the last quarter. Institutional investors own 67.91% of the company's stock.

Ralph Lauren Price Performance

RL stock traded down $2.07 during trading on Tuesday, hitting $211.80. 215,739 shares of the stock traded hands, compared to its average volume of 863,671. The stock has a market cap of $13.12 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 1.76 and a beta of 1.49. The company has a 50 day simple moving average of $193.77 and a 200 day simple moving average of $179.74. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.40. Ralph Lauren Co. has a one year low of $113.92 and a one year high of $237.16.

Ralph Lauren (NYSE:RL - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The textile maker reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.11. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.68 billion. Ralph Lauren had a return on equity of 29.44% and a net margin of 10.15%. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.10 EPS. Equities analysts expect that Ralph Lauren Co. will post 11.59 EPS for the current fiscal year.

Ralph Lauren Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 27th were given a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Friday, September 27th. Ralph Lauren's dividend payout ratio is currently 31.46%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Guggenheim upped their price target on Ralph Lauren from $200.00 to $225.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Barclays raised their price target on shares of Ralph Lauren from $200.00 to $257.00 and gave the company an "overweight" rating in a report on Friday. The Goldman Sachs Group raised their price objective on Ralph Lauren from $171.00 to $193.00 and gave the company a "neutral" rating in a research note on Monday, October 21st. StockNews.com raised Ralph Lauren from a "hold" rating to a "buy" rating in a research report on Friday. Finally, TD Cowen upped their price objective on shares of Ralph Lauren from $208.00 to $251.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Ralph Lauren currently has a consensus rating of "Moderate Buy" and an average price target of $223.90.

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.