4,773 Shares in Ralph Lauren Co. (NYSE:RL) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new position in Ralph Lauren Co. (NYSE:RL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 4,773 shares of the textile maker's stock, valued at approximately $1,102,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in shares of Ralph Lauren by 1,270.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 137 shares of the textile maker's stock worth $32,000 after acquiring an additional 127 shares during the period. Jones Financial Companies Lllp raised its holdings in Ralph Lauren by 281.1% in the fourth quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock worth $47,000 after purchasing an additional 149 shares in the last quarter. Versant Capital Management Inc lifted its position in Ralph Lauren by 333.3% during the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker's stock valued at $81,000 after buying an additional 270 shares during the period. Erste Asset Management GmbH bought a new stake in shares of Ralph Lauren during the 3rd quarter valued at $97,000. Finally, TD Private Client Wealth LLC grew its position in shares of Ralph Lauren by 19.6% in the 4th quarter. TD Private Client Wealth LLC now owns 446 shares of the textile maker's stock worth $103,000 after buying an additional 73 shares during the period. Institutional investors own 67.91% of the company's stock.

Ralph Lauren Stock Performance

NYSE RL traded down $1.36 during trading hours on Friday, hitting $196.53. 3,060,980 shares of the company's stock traded hands, compared to its average volume of 835,540. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39. Ralph Lauren Co. has a 52 week low of $155.96 and a 52 week high of $289.33. The firm has a market capitalization of $12.14 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.73 and a beta of 1.50. The business's fifty day moving average price is $247.58 and its two-hundred day moving average price is $227.44.

Ralph Lauren (NYSE:RL - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 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%. Equities research analysts predict that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be paid a $0.825 dividend. The ex-dividend date is Friday, March 28th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.68%. Ralph Lauren's dividend payout ratio (DPR) is presently 30.11%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on RL shares. Wells Fargo & Company lifted their target price on shares of Ralph Lauren from $225.00 to $275.00 and gave the company an "equal weight" rating in a report on Friday, February 7th. Needham & Company LLC initiated coverage on Ralph Lauren in a research note on Wednesday, February 12th. They issued a "buy" rating and a $310.00 target price on the stock. BNP Paribas upgraded shares of Ralph Lauren to a "strong-buy" rating in a research note on Thursday, January 23rd. Guggenheim lifted their target price on shares of Ralph Lauren from $285.00 to $310.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Finally, TD Cowen increased their price target on shares of Ralph Lauren from $258.00 to $268.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $284.62.

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.