Fielder Capital Group LLC Takes $237,000 Position in Ralph Lauren Co. (NYSE:RL)

Fielder Capital Group LLC bought a new position in shares of Ralph Lauren Co. (NYSE:RL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,024 shares of the textile maker's stock, valued at approximately $237,000.

A number of other large investors have also recently made changes to their positions in RL. Mather Group LLC. boosted its holdings in Ralph Lauren by 4.1% in the fourth quarter. Mather Group LLC. now owns 1,182 shares of the textile maker's stock valued at $273,000 after purchasing an additional 47 shares in the last quarter. M&T Bank Corp boosted its holdings 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 in the last quarter. Simmons Bank boosted its holdings in shares of Ralph Lauren by 2.3% in the third quarter. Simmons Bank now owns 2,703 shares of the textile maker's stock valued at $524,000 after acquiring an additional 62 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of Ralph Lauren by 6.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker's stock valued at $231,000 after acquiring an additional 62 shares during the period. Finally, Commerce Bank boosted its holdings in shares of Ralph Lauren by 1.2% in the third quarter. Commerce Bank now owns 5,687 shares of the textile maker's stock valued at $1,103,000 after acquiring an additional 66 shares during the period. 67.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RL has been the subject of several research analyst reports. Cowen reissued a "buy" rating on shares of Ralph Lauren in a report on Tuesday, February 4th. Barclays increased their price objective on Ralph Lauren from $257.00 to $310.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. The Goldman Sachs Group increased their price objective on Ralph Lauren from $220.00 to $280.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Raymond James downgraded Ralph Lauren from an "outperform" rating to a "market perform" rating in a report on Monday, January 27th. Finally, Argus raised Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 price objective for the company in a report on Tuesday, December 31st. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Ralph Lauren has an average rating of "Moderate Buy" and a consensus target price of $284.15.

Ralph Lauren Price Performance

NYSE:RL traded down $9.00 during trading hours on Monday, hitting $262.14. The company's stock had a trading volume of 806,255 shares, compared to its average volume of 778,331. The business's 50-day moving average is $253.49 and its two-hundred day moving average is $218.25. The company has a market capitalization of $16.19 billion, a PE ratio of 23.92, a PEG ratio of 1.73 and a beta of 1.49. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.31 and a current ratio of 1.76. Ralph Lauren Co. has a 52-week low of $155.96 and a 52-week high of $289.33.

Ralph Lauren (NYSE:RL - Get Free Report) last released its quarterly earnings data 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 return on equity of 30.88% and a net margin of 10.14%. As a group, research analysts anticipate that Ralph Lauren Co. will post 12.01 EPS for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.26%. The ex-dividend date 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.