Bryn Mawr Capital Management LLC Buys 4,585 Shares of Ralph Lauren Co. (NYSE:RL)

Bryn Mawr Capital Management LLC boosted its holdings in shares of Ralph Lauren Co. (NYSE:RL - Free Report) by 43.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,135 shares of the textile maker's stock after buying an additional 4,585 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Ralph Lauren were worth $3,496,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Pacer Advisors Inc. grew its position in Ralph Lauren by 13.7% during the third quarter. Pacer Advisors Inc. now owns 1,139,975 shares of the textile maker's stock valued at $221,007,000 after buying an additional 137,631 shares during the period. Geode Capital Management LLC boosted its position in shares of Ralph Lauren by 3.3% in the third quarter. Geode Capital Management LLC now owns 949,512 shares of the textile maker's stock worth $183,787,000 after purchasing an additional 30,694 shares during the period. Holocene Advisors LP boosted its position in shares of 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 during the period. Jennison Associates LLC boosted its position in shares of Ralph Lauren by 13.2% in the third quarter. Jennison Associates LLC now owns 520,393 shares of the textile maker's stock worth $100,889,000 after purchasing an additional 60,610 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Ralph Lauren by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker's stock worth $95,537,000 after purchasing an additional 13,640 shares during the period. 67.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on RL. The Goldman Sachs Group upped their price target on shares of Ralph Lauren from $220.00 to $280.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Barclays upped their price target on shares of Ralph Lauren from $257.00 to $310.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. BNP Paribas upgraded shares of Ralph Lauren to a "strong-buy" rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. upped their price target on shares of Ralph Lauren from $285.00 to $342.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Wells Fargo & Company boosted their target price on shares of Ralph Lauren from $225.00 to $275.00 and gave the stock an "equal weight" rating in a report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Ralph Lauren has a consensus rating of "Moderate Buy" and an average target price of $284.15.

Ralph Lauren Price Performance

Ralph Lauren stock traded down $8.48 during mid-day trading on Friday, reaching $278.02. 496,621 shares of the company's stock traded hands, compared to its average volume of 756,135. The company has a market cap of $17.17 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 1.73 and a beta of 1.49. The stock has a 50 day moving average of $247.94 and a two-hundred day moving average of $212.78. The company has a quick ratio of 1.31, a current ratio of 1.76 and a debt-to-equity ratio of 0.39. Ralph Lauren Co. has a 12-month low of $155.96 and a 12-month high of $289.33.

Ralph Lauren (NYSE:RL - Get Free Report) last announced its earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. Equities analysts forecast that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Announces Dividend

The company also recently announced 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 1.19%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren's dividend 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.