Linden Thomas Advisory Services LLC Has $1.25 Million Stock Holdings in Ralph Lauren Co. (NYSE:RL)

Linden Thomas Advisory Services LLC raised its holdings in shares of Ralph Lauren Co. (NYSE:RL) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,417 shares of the textile maker’s stock after acquiring an additional 164 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Ralph Lauren were worth $1,251,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. M&T Bank Corp lifted its stake in Ralph Lauren by 3.4% in the 3rd quarter. M&T Bank Corp now owns 1,657 shares of the textile maker’s stock valued at $321,000 after purchasing an additional 55 shares during the last quarter. Simmons Bank lifted its stake in Ralph Lauren by 2.3% in the 3rd quarter. Simmons Bank now owns 2,703 shares of the textile maker’s stock valued at $524,000 after purchasing an additional 62 shares during the last quarter. Commerce Bank lifted its stake in Ralph Lauren by 1.2% in the 3rd quarter. Commerce Bank now owns 5,687 shares of the textile maker’s stock valued at $1,103,000 after purchasing an additional 66 shares during the last quarter. GAMMA Investing LLC lifted its position in Ralph Lauren by 11.3% during the third quarter. GAMMA Investing LLC now owns 672 shares of the textile maker’s stock worth $130,000 after acquiring an additional 68 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its position in Ralph Lauren by 7.4% during the fourth quarter. Atomi Financial Group Inc. now owns 1,274 shares of the textile maker’s stock worth $294,000 after acquiring an additional 88 shares during the last quarter. Institutional investors own 67.91% of the company’s stock.

Ralph Lauren Stock Performance

Shares of NYSE:RL opened at $256.17 on Friday. The company’s 50 day simple moving average is $231.00 and its 200 day simple moving average is $200.33. The stock has a market capitalization of $15.91 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 1.85 and a beta of 1.49. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.72 and a quick ratio of 1.18. Ralph Lauren Co. has a 1 year low of $139.49 and a 1 year high of $257.41.

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

Ralph Lauren Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.825 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $3.30 dividend on an annualized basis and a yield of 1.29%. Ralph Lauren’s dividend payout ratio is currently 31.46%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. UBS Group raised their price objective on shares of Ralph Lauren from $287.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. TD Cowen raised their price objective on shares of Ralph Lauren from $208.00 to $251.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Telsey Advisory Group restated an “outperform” rating and set a $207.00 price objective on shares of Ralph Lauren in a research report on Thursday, November 7th. Raymond James raised their price objective on shares of Ralph Lauren from $215.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Cfra set a $171.00 price objective on shares of Ralph Lauren in a research report on Thursday, October 17th. Two equities 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.09.

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.