Vanguard Personalized Indexing Management LLC Purchases 1,087 Shares of Ralph Lauren Co. (NYSE:RL)

Vanguard Personalized Indexing Management LLC grew its position in shares of Ralph Lauren Co. (NYSE:RLGet Rating) by 19.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,728 shares of the textile maker’s stock after acquiring an additional 1,087 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Ralph Lauren were worth $711,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Keene & Associates Inc. lifted its stake in Ralph Lauren by 4.0% in the fourth quarter. Keene & Associates Inc. now owns 2,586 shares of the textile maker’s stock worth $273,000 after acquiring an additional 100 shares during the period. Qsemble Capital Management LP bought a new stake in shares of Ralph Lauren during the 4th quarter valued at about $201,000. Landscape Capital Management L.L.C. bought a new stake in shares of Ralph Lauren during the 4th quarter valued at about $3,016,000. Cibc World Markets Corp increased its position in shares of Ralph Lauren by 24.4% during the fourth quarter. Cibc World Markets Corp now owns 9,715 shares of the textile maker’s stock valued at $1,027,000 after buying an additional 1,903 shares during the period. Finally, Victory Capital Management Inc. raised its stake in Ralph Lauren by 224.0% in the fourth quarter. Victory Capital Management Inc. now owns 549,031 shares of the textile maker’s stock worth $58,172,000 after buying an additional 379,563 shares in the last quarter. 66.09% of the stock is currently owned by hedge funds and other institutional investors.

Ralph Lauren Stock Performance

Shares of RL stock opened at $114.00 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.08 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average price of $113.62 and a 200-day moving average price of $113.26. Ralph Lauren Co. has a 52 week low of $82.23 and a 52 week high of $128.94. The firm has a market capitalization of $7.52 billion, a PE ratio of 15.30, a P/E/G ratio of 1.27 and a beta of 1.39.

Ralph Lauren (NYSE:RLGet Rating) last announced its earnings results on Thursday, May 25th. The textile maker reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.25. Ralph Lauren had a net margin of 8.01% and a return on equity of 22.88%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the business earned $0.49 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. As a group, equities research analysts expect that Ralph Lauren Co. will post 8.12 earnings per share for the current year.

Ralph Lauren Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 31st were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend was Thursday, March 30th. Ralph Lauren’s payout ratio is currently 40.27%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on RL. BMO Capital Markets downgraded Ralph Lauren from a “market perform” rating to an “underperform” rating and upped their target price for the stock from $96.00 to $100.00 in a report on Friday, January 27th. Credit Suisse Group upped their price target on Ralph Lauren from $115.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, February 10th. OTR Global upgraded shares of Ralph Lauren to a “positive” rating in a report on Friday, April 28th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Ralph Lauren from $97.00 to $114.00 and gave the stock a “hold” rating in a research report on Monday, February 6th. Finally, The Goldman Sachs Group lifted their price target on shares of Ralph Lauren from $90.00 to $100.00 and gave the company a “sell” rating in a research report on Friday, February 10th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Ralph Lauren Company Profile

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Ralph Lauren Corp. engages in the design, marketing, and distribution of luxury lifestyle products, including apparel, footwear and accessories, home, fragrances, and hospitality categories. The firm offers products under the brands of Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, and Chaps.

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Institutional Ownership by Quarter for Ralph Lauren (NYSE:RL)

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