180 Wealth Advisors LLC Buys Shares of 875 Ralph Lauren Co. (NYSE:RL)

180 Wealth Advisors LLC acquired a new position in shares of Ralph Lauren Co. (NYSE:RL) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 875 shares of the textile maker’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also made changes to their positions in RL. Huntington National Bank boosted its position in shares of Ralph Lauren by 86.6% during the third quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock worth $43,000 after buying an additional 103 shares during the period. True Wealth Design LLC boosted its position in shares of Ralph Lauren by 8,933.3% during the third quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock worth $53,000 after buying an additional 268 shares during the period. AM Squared Ltd acquired a new stake in Ralph Lauren in the third quarter worth approximately $58,000. Quent Capital LLC lifted its position in Ralph Lauren by 181.7% in the third quarter. Quent Capital LLC now owns 400 shares of the textile maker’s stock worth $78,000 after purchasing an additional 258 shares during the period. Finally, Versant Capital Management Inc lifted its position in Ralph Lauren by 333.3% in 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 period. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Ralph Lauren Price Performance

Shares of NYSE:RL opened at $236.85 on Thursday. The company’s fifty day moving average is $226.38 and its two-hundred day moving average is $196.64. The company has a quick ratio of 1.18, a current ratio of 1.72 and a debt-to-equity ratio of 0.40. Ralph Lauren Co. has a 12-month low of $134.90 and a 12-month high of $245.92. The company has a market cap of $14.71 billion, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 1.69 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last announced its earnings results on Thursday, November 7th. The textile maker reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.11. Ralph Lauren had a net margin of 10.15% and a return on equity of 29.44%. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the business earned $2.10 EPS. The company’s revenue was up 5.7% on a year-over-year basis. Equities analysts expect that Ralph Lauren Co. will post 11.71 earnings per share for the current fiscal year.

Ralph Lauren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.39%. The ex-dividend date was Friday, December 27th. Ralph Lauren’s dividend payout ratio (DPR) is currently 31.46%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Telsey Advisory Group restated an “outperform” rating and issued a $207.00 target price on shares of Ralph Lauren in a research report on Thursday, November 7th. Guggenheim upped their target price on 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 target price on Ralph Lauren from $215.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. The Goldman Sachs Group upped their target price on Ralph Lauren from $171.00 to $193.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Finally, TD Cowen upped their price target on Ralph Lauren from $208.00 to $251.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Ralph Lauren presently 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.