Ralph Lauren Co. (NYSE:RL) Shares Purchased by Ieq Capital LLC

Ieq Capital LLC increased its position in shares of Ralph Lauren Co. (NYSE:RL - Free Report) by 546.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,030 shares of the textile maker's stock after buying an additional 22,850 shares during the period. Ieq Capital LLC's holdings in Ralph Lauren were worth $6,243,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Huntington National Bank lifted its position in shares of Ralph Lauren by 86.6% during the third quarter. Huntington National Bank now owns 222 shares of the textile maker's stock worth $43,000 after purchasing an additional 103 shares during the last quarter. True Wealth Design LLC raised its stake in Ralph Lauren by 8,933.3% during the third quarter. True Wealth Design LLC now owns 271 shares of the textile maker's stock valued at $53,000 after buying an additional 268 shares in the last quarter. AM Squared Ltd acquired a new position in shares of Ralph Lauren in the 3rd quarter worth approximately $58,000. Versant Capital Management Inc increased its holdings in shares of Ralph Lauren by 333.3% in the 4th quarter. Versant Capital Management Inc now owns 351 shares of the textile maker's stock valued at $81,000 after acquiring an additional 270 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Ralph Lauren during the 3rd quarter valued at approximately $86,000. Institutional investors and hedge funds own 67.91% of the company's stock.

Analyst Ratings Changes

RL has been the subject of a number of research reports. Needham & Company LLC started coverage on shares of Ralph Lauren in a report on Wednesday, February 12th. They issued a "buy" rating and a $310.00 price objective for the company. Guggenheim boosted their price objective on shares of Ralph Lauren from $285.00 to $310.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Argus raised shares of Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Tuesday, December 31st. Jefferies Financial Group lifted their target price on Ralph Lauren from $285.00 to $330.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group increased their price target on Ralph Lauren from $220.00 to $280.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ralph Lauren has an average rating of "Moderate Buy" and an average price target of $284.15.

Ralph Lauren Stock Performance

Shares of NYSE:RL traded down $8.58 on Friday, hitting $277.92. The company's stock had a trading volume of 859,235 shares, compared to its average volume of 768,522. Ralph Lauren Co. has a 12 month low of $155.96 and a 12 month high of $289.33. The stock's 50-day moving average is $248.94 and its two-hundred day moving average is $213.60. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.31 and a current ratio of 1.76. The company has a market capitalization of $17.16 billion, a price-to-earnings ratio of 25.36, a price-to-earnings-growth ratio of 1.73 and a beta of 1.49.

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 (EPS) for the quarter, beating analysts' consensus estimates of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. On average, equities research analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.825 dividend. The ex-dividend date was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a yield of 1.19%. Ralph Lauren's dividend payout ratio (DPR) is 30.11%.

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.