Ralph Lauren Co. (NYSE:RL) Stock Holdings Trimmed by Jump Financial LLC

Jump Financial LLC decreased its holdings in Ralph Lauren Co. (NYSE:RL - Free Report) by 94.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,398 shares of the textile maker's stock after selling 25,450 shares during the quarter. Jump Financial LLC's holdings in Ralph Lauren were worth $323,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Mather Group LLC. increased its stake in Ralph Lauren by 4.1% during the 4th quarter. Mather Group LLC. now owns 1,182 shares of the textile maker's stock valued at $273,000 after buying an additional 47 shares during the period. Asset Management One Co. Ltd. increased its stake in shares of Ralph Lauren by 6.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker's stock valued at $231,000 after acquiring an additional 62 shares during the period. TD Private Client Wealth LLC raised its holdings in Ralph Lauren by 19.6% during the fourth quarter. TD Private Client Wealth LLC now owns 446 shares of the textile maker's stock worth $103,000 after purchasing an additional 73 shares in the last quarter. Twin Capital Management Inc. lifted its position in Ralph Lauren by 1.5% in the fourth quarter. Twin Capital Management Inc. now owns 5,659 shares of the textile maker's stock worth $1,307,000 after purchasing an additional 85 shares during the period. Finally, Atomi Financial Group Inc. boosted its stake in Ralph Lauren by 7.4% during the 4th quarter. Atomi Financial Group Inc. now owns 1,274 shares of the textile maker's stock valued at $294,000 after purchasing an additional 88 shares in the last quarter. 67.91% of the stock is owned by institutional investors and hedge funds.

Ralph Lauren Price Performance

RL opened at $220.01 on Friday. The firm has a market capitalization of $13.59 billion, a P/E ratio of 20.07, a PEG ratio of 1.73 and a beta of 1.38. The stock has a fifty day moving average of $226.61 and a 200-day moving average of $228.53. 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 posted its quarterly 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 return on equity of 30.88% and a net margin of 10.14%. Equities analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current fiscal year.

Ralph Lauren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date was Friday, March 28th. Ralph Lauren's payout ratio is presently 30.11%.

Analysts Set New Price Targets

Several analysts have recently weighed in on RL shares. Cowen restated a "buy" rating on shares of Ralph Lauren in a report on Tuesday, February 4th. BNP Paribas raised shares of Ralph Lauren to a "strong-buy" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Ralph Lauren from $285.00 to $342.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. TD Cowen increased their target price on shares of Ralph Lauren from $258.00 to $268.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Finally, UBS Group lifted their price target on shares of Ralph Lauren from $332.00 to $348.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $275.71.

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.

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