Twin Tree Management LP Has $8.64 Million Stock Holdings in Ralph Lauren Co. (NYSE:RL)

Twin Tree Management LP raised its holdings in Ralph Lauren Co. (NYSE:RL - Free Report) by 10.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,395 shares of the textile maker's stock after buying an additional 3,688 shares during the quarter. Twin Tree Management LP owned 0.06% of Ralph Lauren worth $8,637,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in shares of Ralph Lauren by 1,270.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 137 shares of the textile maker's stock valued at $32,000 after buying an additional 127 shares during the last quarter. Huntington National Bank raised its holdings in Ralph Lauren by 86.6% in the 3rd quarter. Huntington National Bank now owns 222 shares of the textile maker's stock valued at $43,000 after acquiring an additional 103 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Ralph Lauren by 281.1% in the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock worth $47,000 after acquiring an additional 149 shares during the period. True Wealth Design LLC grew its holdings in shares of Ralph Lauren by 8,933.3% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker's stock worth $53,000 after purchasing an additional 268 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of 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 purchasing an additional 270 shares during the period. 67.91% of the stock is owned by institutional investors.

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Ralph Lauren Price Performance

Shares of Ralph Lauren stock traded down $1.16 during midday trading on Friday, reaching $223.97. The company had a trading volume of 2,293,398 shares, compared to its average volume of 886,842. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $252.28 and a 200 day simple moving average of $223.52. Ralph Lauren Co. has a 1-year low of $155.96 and a 1-year high of $289.33. The company has a market capitalization of $13.83 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50.

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

Ralph Lauren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Friday, March 28th. Ralph Lauren's dividend payout ratio is presently 30.11%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Barclays raised their price objective on shares of Ralph Lauren from $257.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. UBS Group raised 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. TD Cowen increased their target price on Ralph Lauren from $258.00 to $268.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Raymond James downgraded Ralph Lauren from an "outperform" rating to a "market perform" rating in a research report on Monday, January 27th. Finally, Needham & Company LLC began coverage on Ralph Lauren in a research report on Wednesday, February 12th. They issued a "buy" rating and a $310.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $284.62.

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.