Yousif Capital Management LLC Buys 1,838 Shares of Ralph Lauren Co. (NYSE:RL)

Yousif Capital Management LLC grew its stake in Ralph Lauren Co. (NYSE:RL - Free Report) by 32.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,542 shares of the textile maker's stock after purchasing an additional 1,838 shares during the quarter. Yousif Capital Management LLC's holdings in Ralph Lauren were worth $1,742,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of RL. Creative Planning boosted its position in Ralph Lauren by 15.4% during the 2nd quarter. Creative Planning now owns 1,952 shares of the textile maker's stock valued at $342,000 after acquiring an additional 261 shares in the last quarter. CWM LLC lifted its stake in shares of Ralph Lauren by 66.9% in the 3rd quarter. CWM LLC now owns 9,689 shares of the textile maker's stock valued at $1,878,000 after purchasing an additional 3,885 shares during the period. Ritholtz Wealth Management boosted its position in shares of Ralph Lauren by 18.8% during the third quarter. Ritholtz Wealth Management now owns 5,778 shares of the textile maker's stock valued at $1,120,000 after purchasing an additional 914 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in Ralph Lauren by 93.2% in the third quarter. Exchange Traded Concepts LLC now owns 4,803 shares of the textile maker's stock worth $931,000 after purchasing an additional 2,317 shares during the period. Finally, ORG Wealth Partners LLC bought a new position in Ralph Lauren in the third quarter worth $91,000. Institutional investors own 67.91% of the company's stock.

Ralph Lauren Stock Performance

Shares of NYSE RL traded up $4.40 during trading on Friday, reaching $282.93. 731,038 shares of the company traded hands, compared to its average volume of 759,137. The firm has a 50 day simple moving average of $243.26 and a 200-day simple moving average of $209.86. The company has a quick ratio of 1.18, a current ratio of 1.76 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $17.57 billion, a PE ratio of 25.82, a P/E/G ratio of 2.03 and a beta of 1.49. 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 announced its quarterly 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%. Equities research analysts anticipate that Ralph Lauren Co. will post 11.73 earnings per share for the current year.

Ralph Lauren Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren's payout ratio is presently 30.11%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on RL shares. Wells Fargo & Company boosted 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. UBS Group increased their price target on shares of Ralph Lauren from $332.00 to $348.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Barclays increased their price target on shares of Ralph Lauren from $257.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Needham & Company LLC initiated coverage on shares of Ralph Lauren in a research note on Wednesday. They issued a "buy" rating and a $310.00 price target for the company. Finally, The Goldman Sachs Group increased their price target on shares of Ralph Lauren from $220.00 to $280.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $279.33.

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.