Ralph Lauren Co. (NYSE:RL) Stock Holdings Reduced by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its position in Ralph Lauren Co. (NYSE:RL) by 37.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392 shares of the textile maker’s stock after selling 239 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Ralph Lauren were worth $57,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RL. Advisor Group Holdings Inc. grew its stake in Ralph Lauren by 40.5% in the first quarter. Advisor Group Holdings Inc. now owns 3,225 shares of the textile maker’s stock valued at $366,000 after purchasing an additional 930 shares in the last quarter. Raymond James & Associates lifted its position in shares of Ralph Lauren by 451.8% in the first quarter. Raymond James & Associates now owns 21,696 shares of the textile maker’s stock worth $2,461,000 after buying an additional 17,764 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Ralph Lauren by 22.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,048 shares of the textile maker’s stock worth $233,000 after buying an additional 379 shares during the last quarter. MetLife Investment Management LLC lifted its position in shares of Ralph Lauren by 16.8% in the first quarter. MetLife Investment Management LLC now owns 12,575 shares of the textile maker’s stock worth $1,427,000 after buying an additional 1,808 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in shares of Ralph Lauren by 6.1% in the first quarter. Great West Life Assurance Co. Can now owns 10,892 shares of the textile maker’s stock worth $1,283,000 after buying an additional 623 shares during the last quarter. Hedge funds and other institutional investors own 67.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Raymond James boosted their price target on Ralph Lauren from $135.00 to $154.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 30th. StockNews.com raised Ralph Lauren from a “hold” rating to a “buy” rating in a research report on Monday, January 22nd. UBS Group boosted their price target on Ralph Lauren from $188.00 to $190.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. The Goldman Sachs Group boosted their price objective on Ralph Lauren from $132.00 to $151.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $195.00 price objective (up previously from $165.00) on shares of Ralph Lauren in a research report on Thursday, February 8th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $155.64.

Ralph Lauren Trading Down 2.9 %

Shares of RL opened at $160.29 on Monday. Ralph Lauren Co. has a 12-month low of $103.17 and a 12-month high of $192.03. The company has a quick ratio of 1.54, a current ratio of 2.17 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $10.25 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of 0.93 and a beta of 1.53. The stock’s 50-day moving average price is $178.02 and its 200 day moving average price is $146.17.

Ralph Lauren (NYSE:RL) last issued its quarterly earnings results on Thursday, February 8th. The textile maker reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.64. Ralph Lauren had a return on equity of 25.88% and a net margin of 8.90%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $3.35 earnings per share. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, research analysts predict that Ralph Lauren Co. will post 10.23 earnings per share for the current year.

Ralph Lauren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were paid a $0.75 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.00 annualized dividend and a dividend yield of 1.87%. Ralph Lauren’s dividend payout ratio is currently 34.01%.

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, lighting, tabletop, kitchen linens, floor coverings, and giftware; and fragrances.