HS Management Partners LLC Reduces Stock Position in Ralph Lauren Co. (NYSE:RL)

HS Management Partners LLC lessened its holdings in Ralph Lauren Co. (NYSE:RL - Free Report) by 14.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,919 shares of the textile maker's stock after selling 43,960 shares during the period. Ralph Lauren comprises about 4.2% of HS Management Partners LLC's portfolio, making the stock its 15th largest holding. HS Management Partners LLC owned 0.42% of Ralph Lauren worth $60,729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Huntington National Bank increased its stake in Ralph Lauren by 86.6% during the 3rd quarter. Huntington National Bank now owns 222 shares of the textile maker's stock worth $43,000 after buying an additional 103 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock worth $47,000 after buying an additional 149 shares in the last quarter. True Wealth Design LLC increased its stake in Ralph Lauren by 8,933.3% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker's stock worth $53,000 after buying an additional 268 shares in the last quarter. AM Squared Ltd purchased a new stake in Ralph Lauren during the 3rd quarter worth approximately $58,000. Finally, Versant Capital Management Inc increased its stake in Ralph Lauren by 333.3% during the 4th quarter. Versant Capital Management Inc now owns 351 shares of the textile maker's stock worth $81,000 after buying an additional 270 shares in the last quarter. Hedge funds and other institutional investors own 67.91% of the company's stock.

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Analyst Ratings Changes

A number of research firms have recently issued reports on RL. Barclays upped their price target on Ralph Lauren from $257.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Argus upgraded Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 price target for the company in a research report on Tuesday, December 31st. StockNews.com upgraded Ralph Lauren from a "hold" rating to a "buy" rating in a research report on Monday, November 18th. UBS Group upped their price target on Ralph Lauren from $332.00 to $348.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Jefferies Financial Group upped their price target on Ralph Lauren from $285.00 to $330.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $284.15.

Ralph Lauren Trading Down 2.4 %

NYSE:RL traded down $5.83 during trading hours on Friday, reaching $232.51. 1,003,781 shares of the stock were exchanged, compared to its average volume of 779,896. The company has a quick ratio of 1.31, a current ratio of 1.76 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average of $255.02 and a two-hundred day moving average of $219.91. Ralph Lauren Co. has a twelve month low of $155.96 and a twelve month high of $289.33. The company has a market capitalization of $14.36 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 1.73 and a beta of 1.50.

Ralph Lauren (NYSE:RL - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping analysts' consensus estimates of $4.46 by $0.36. Ralph Lauren had a return on equity of 30.88% and a net margin of 10.14%. On average, equities analysts predict that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Friday, December 27th. Ralph Lauren's payout ratio is currently 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.