Poinciana Advisors Group LLC Acquires Shares of 1,539 Ralph Lauren Co. (NYSE:RL)

Poinciana Advisors Group LLC acquired a new stake in shares of Ralph Lauren Co. (NYSE:RL) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,539 shares of the textile maker’s stock, valued at approximately $355,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Burney Co. acquired a new stake in Ralph Lauren during the 4th quarter valued at approximately $5,711,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Ralph Lauren by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker’s stock valued at $95,537,000 after purchasing an additional 13,640 shares in the last quarter. Bridgewater Associates LP increased its holdings in shares of Ralph Lauren by 145.8% during the 3rd quarter. Bridgewater Associates LP now owns 59,927 shares of the textile maker’s stock valued at $11,618,000 after purchasing an additional 35,550 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Ralph Lauren during the 3rd quarter valued at approximately $1,819,000. Finally, CWA Asset Management Group LLC increased its holdings in shares of Ralph Lauren by 31.9% during the 4th quarter. CWA Asset Management Group LLC now owns 11,913 shares of the textile maker’s stock valued at $2,752,000 after purchasing an additional 2,880 shares in the last quarter. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RL has been the subject of several recent research reports. UBS Group lifted their target price on shares of Ralph Lauren from $332.00 to $348.00 and gave the company a “buy” rating in a report on Friday, February 7th. Barclays lifted their target price on shares of Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. lifted their target price on shares of Ralph Lauren from $285.00 to $342.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Cowen reaffirmed a “buy” rating on shares of Ralph Lauren in a report on Tuesday, February 4th. Finally, BNP Paribas raised shares of Ralph Lauren to a “strong-buy” rating in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Ralph Lauren has an average rating of “Moderate Buy” and an average price target of $284.15.

Ralph Lauren Price Performance

Ralph Lauren stock opened at $220.40 on Friday. Ralph Lauren Co. has a 52-week low of $155.96 and a 52-week high of $289.33. The firm has a market capitalization of $13.61 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.73 and a beta of 1.50. The company has a fifty day simple moving average of $254.20 and a 200-day simple moving average of $221.76. The company has a quick ratio of 1.31, a current ratio of 1.76 and a debt-to-equity ratio of 0.39.

Ralph Lauren (NYSE:RL) last released its earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. On average, equities analysts anticipate that Ralph Lauren Co. will post 12.01 EPS for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.50%. Ralph Lauren’s payout ratio is 30.11%.

Ralph Lauren 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.