WINTON GROUP Ltd Grows Position in Ralph Lauren Co. (NYSE:RL)

WINTON GROUP Ltd raised its position in Ralph Lauren Co. (NYSE:RL) by 2.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,400 shares of the textile maker’s stock after acquiring an additional 117 shares during the quarter. WINTON GROUP Ltd’s holdings in Ralph Lauren were worth $945,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Family Firm Inc. acquired a new stake in shares of Ralph Lauren during the 2nd quarter worth about $30,000. Gladius Capital Management LP acquired a new stake in Ralph Lauren during the second quarter worth approximately $31,000. Versant Capital Management Inc raised its holdings in Ralph Lauren by 1,775.0% during the second quarter. Versant Capital Management Inc now owns 225 shares of the textile maker’s stock worth $39,000 after purchasing an additional 213 shares in the last quarter. Fidelis Capital Partners LLC purchased a new stake in shares of Ralph Lauren during the 1st quarter worth approximately $42,000. Finally, EntryPoint Capital LLC acquired a new position in shares of Ralph Lauren in the 1st quarter valued at $63,000. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Price Performance

Shares of NYSE RL opened at $181.44 on Tuesday. The stock has a fifty day moving average price of $169.85 and a 200 day moving average price of $173.28. Ralph Lauren Co. has a 1-year low of $108.60 and a 1-year high of $192.03. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.19 and a quick ratio of 1.53. The company has a market cap of $11.34 billion, a PE ratio of 18.67, a P/E/G ratio of 1.44 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last released its earnings results on Wednesday, August 7th. The textile maker reported $2.70 EPS for the quarter, topping the consensus estimate of $2.45 by $0.25. Ralph Lauren had a net margin of 10.27% and a return on equity of 28.79%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the business earned $2.34 EPS. The business’s revenue was up 1.0% on a year-over-year basis. Sell-side analysts forecast that Ralph Lauren Co. will post 11.23 EPS for the current year.

Ralph Lauren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Friday, September 27th. Ralph Lauren’s payout ratio is 33.95%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Telsey Advisory Group reissued an “outperform” rating and issued a $195.00 price target on shares of Ralph Lauren in a research report on Wednesday, August 7th. Barclays boosted their target price on Ralph Lauren from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Wells Fargo & Company dropped their price target on Ralph Lauren from $185.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, May 24th. TD Cowen cut their price target on Ralph Lauren from $196.00 to $193.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, StockNews.com downgraded Ralph Lauren from a “buy” rating to a “hold” rating in a report on Friday, September 6th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $184.80.

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.