Ralph Lauren Co. (NYSE:RL) Shares Purchased by Czech National Bank

Czech National Bank raised its holdings in Ralph Lauren Co. (NYSE:RL) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,721 shares of the textile maker’s stock after buying an additional 561 shares during the period. Czech National Bank’s holdings in Ralph Lauren were worth $2,014,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of RL. Wealth Enhancement Advisory Services LLC lifted its position in shares of Ralph Lauren by 1.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,325 shares of the textile maker’s stock worth $1,692,000 after buying an additional 118 shares during the last quarter. Fulton Bank N.A. lifted its position in Ralph Lauren by 11.8% in the fourth quarter. Fulton Bank N.A. now owns 3,257 shares of the textile maker’s stock valued at $752,000 after acquiring an additional 345 shares during the last quarter. CWA Asset Management Group LLC boosted its stake in Ralph Lauren by 31.9% in the fourth quarter. CWA Asset Management Group LLC now owns 11,913 shares of the textile maker’s stock valued at $2,752,000 after acquiring an additional 2,880 shares in the last quarter. GAMMA Investing LLC boosted its stake in Ralph Lauren by 56.0% in the fourth quarter. GAMMA Investing LLC now owns 1,048 shares of the textile maker’s stock valued at $242,000 after acquiring an additional 376 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of Ralph Lauren by 333.3% during the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock worth $81,000 after purchasing an additional 270 shares during the last quarter. 67.91% of the stock is owned by hedge funds and other institutional investors.

Ralph Lauren Stock Up 0.3 %

Shares of NYSE:RL opened at $237.54 on Friday. Ralph Lauren Co. has a fifty-two week low of $134.90 and a fifty-two week high of $245.92. The company has a quick ratio of 1.18, a current ratio of 1.72 and a debt-to-equity ratio of 0.40. The firm’s 50-day simple moving average is $226.70 and its 200-day simple moving average is $196.92. The company has a market cap of $14.75 billion, a price-to-earnings ratio of 22.64, a PEG ratio of 1.76 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings data on Thursday, November 7th. The textile maker reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.11. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. Ralph Lauren had a return on equity of 29.44% and a net margin of 10.15%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.10 EPS. As a group, equities research analysts predict that Ralph Lauren Co. will post 11.75 earnings per share for the current year.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date was Friday, December 27th. Ralph Lauren’s dividend payout ratio is presently 31.46%.

Analyst Ratings Changes

A number of research analysts recently issued reports on RL shares. Raymond James raised their price target on Ralph Lauren from $215.00 to $235.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Guggenheim raised their target price on shares of Ralph Lauren from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Wells Fargo & Company upped their price target on shares of Ralph Lauren from $215.00 to $225.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Telsey Advisory Group reissued an “outperform” rating and set a $207.00 price objective on shares of Ralph Lauren in a research report on Thursday, November 7th. Finally, Cfra set a $171.00 target price on shares of Ralph Lauren in a report on Thursday, October 17th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $228.09.

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