XTX Topco Ltd Has $384,000 Holdings in Ralph Lauren Co. (NYSE:RL)

XTX Topco Ltd lessened its stake in shares of Ralph Lauren Co. (NYSE:RL - Free Report) by 85.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,983 shares of the textile maker's stock after selling 11,502 shares during the period. XTX Topco Ltd's holdings in Ralph Lauren were worth $384,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in Ralph Lauren by 161.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,900 shares of the textile maker's stock worth $508,000 after buying an additional 1,789 shares in the last quarter. Blue Trust Inc. increased its stake in Ralph Lauren by 35.7% in the second quarter. Blue Trust Inc. now owns 384 shares of the textile maker's stock valued at $72,000 after acquiring an additional 101 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Ralph Lauren by 38.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 3,221 shares of the textile maker's stock valued at $564,000 after purchasing an additional 887 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Ralph Lauren by 244.6% during the second quarter. Nisa Investment Advisors LLC now owns 20,648 shares of the textile maker's stock valued at $3,620,000 after purchasing an additional 14,656 shares in the last quarter. Finally, Pallas Capital Advisors LLC lifted its stake in Ralph Lauren by 134.4% during the second quarter. Pallas Capital Advisors LLC now owns 2,897 shares of the textile maker's stock worth $486,000 after purchasing an additional 1,661 shares during the last quarter. 67.91% of the stock is owned by institutional investors and hedge funds.

Ralph Lauren Trading Up 1.9 %

Shares of Ralph Lauren stock traded up $4.21 during trading on Monday, hitting $231.66. The company's stock had a trading volume of 468,011 shares, compared to its average volume of 845,287. The stock has a market cap of $14.39 billion, a price-to-earnings ratio of 22.08, a price-to-earnings-growth ratio of 1.69 and a beta of 1.50. Ralph Lauren Co. has a 52 week low of $134.90 and a 52 week high of $237.16. The stock has a 50-day moving average price of $212.06 and a two-hundred day moving average price of $188.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.72 and a quick ratio of 1.18.

Ralph Lauren (NYSE:RL - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The textile maker reported $2.54 EPS for the quarter, beating analysts' consensus estimates of $2.43 by $0.11. Ralph Lauren had a return on equity of 29.44% and a net margin of 10.15%. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the previous year, the company posted $2.10 EPS. The business's revenue was up 5.7% on a year-over-year basis. Equities research analysts anticipate that Ralph Lauren Co. will post 11.71 EPS for the current fiscal year.

Ralph Lauren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be issued a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.42%. Ralph Lauren's payout ratio is 31.46%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Wells Fargo & Company boosted their price target on Ralph Lauren from $195.00 to $205.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 23rd. Cfra set a $171.00 price target on shares of Ralph Lauren in a report on Thursday, October 17th. Raymond James increased their price objective on shares of Ralph Lauren from $215.00 to $235.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. StockNews.com raised shares of Ralph Lauren from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. Finally, UBS Group increased their price target on Ralph Lauren from $287.00 to $300.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $223.90.

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.