3,100 Shares in Ralph Lauren Co. (NYSE:RL) Bought by Vision Financial Markets LLC

Vision Financial Markets LLC acquired a new stake in Ralph Lauren Co. (NYSE:RL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,100 shares of the textile maker's stock, valued at approximately $716,000. Ralph Lauren comprises about 0.8% of Vision Financial Markets LLC's portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Huntington National Bank boosted its holdings in Ralph Lauren by 86.6% in the third quarter. Huntington National Bank now owns 222 shares of the textile maker's stock valued at $43,000 after purchasing an additional 103 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Ralph Lauren by 281.1% in the fourth quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock worth $47,000 after buying an additional 149 shares during the last quarter. True Wealth Design LLC grew its holdings 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 worth $53,000 after acquiring an additional 268 shares during the period. AM Squared Ltd purchased a new position in Ralph Lauren during the third quarter valued at approximately $58,000. Finally, Versant Capital Management Inc lifted its holdings in Ralph Lauren by 333.3% in the fourth 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 period. Institutional investors and hedge funds own 67.91% of the company's stock.

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Ralph Lauren Trading Down 2.4 %

Shares of NYSE:RL traded down $5.83 during mid-day trading on Friday, reaching $232.51. 1,003,781 shares of the company were exchanged, compared to its average volume of 779,896. Ralph Lauren Co. has a 1 year low of $155.96 and a 1 year high of $289.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31. The firm's 50-day simple moving average is $255.02 and its 200 day simple moving average is $219.91. The firm has a market cap of $14.36 billion, a price-to-earnings ratio of 21.21, a P/E/G 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 (EPS) for the quarter, topping 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 forecast that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren's dividend payout ratio is presently 30.11%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. raised 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. Telsey Advisory Group reaffirmed an "outperform" rating and set a $265.00 target price on shares of Ralph Lauren in a research note on Tuesday, February 4th. The Goldman Sachs Group raised 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. Argus raised Ralph Lauren from a "hold" rating to a "buy" rating and set a $250.00 price target for the company in a report on Tuesday, December 31st. Finally, Jefferies Financial Group boosted their price objective on Ralph Lauren from $285.00 to $330.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ralph Lauren currently has an average rating of "Moderate Buy" and an average target price of $284.15.

About Ralph Lauren

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.