Schroder Investment Management Group Purchases 118,569 Shares of Ralph Lauren Co. (NYSE:RL)

Schroder Investment Management Group boosted its holdings in Ralph Lauren Co. (NYSE:RL) by 671.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,239 shares of the textile maker’s stock after acquiring an additional 118,569 shares during the quarter. Schroder Investment Management Group owned 0.22% of Ralph Lauren worth $31,637,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mather Group LLC. raised its stake in shares of Ralph Lauren by 4.1% in the fourth quarter. Mather Group LLC. now owns 1,182 shares of the textile maker’s stock worth $273,000 after purchasing an additional 47 shares during the last quarter. M&T Bank Corp raised its position 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 worth $321,000 after buying an additional 55 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Ralph Lauren by 6.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker’s stock valued at $231,000 after acquiring an additional 62 shares during the period. TD Private Client Wealth LLC boosted its holdings in shares of Ralph Lauren by 19.6% during the 4th quarter. TD Private Client Wealth LLC now owns 446 shares of the textile maker’s stock valued at $103,000 after acquiring an additional 73 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its stake in shares of Ralph Lauren by 7.4% in 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 period. 67.91% of the stock is owned by institutional investors.

Ralph Lauren Stock Performance

Shares of NYSE RL opened at $228.72 on Wednesday. The stock has a market cap of $14.13 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. Ralph Lauren Co. has a 1 year low of $155.96 and a 1 year high of $289.33. The firm has a fifty day moving average price of $250.23 and a 200-day moving average price of $227.18. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31.

Ralph Lauren (NYSE:RL) last issued its quarterly 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 return on equity of 30.88% and a net margin of 10.14%. Equities analysts anticipate that Ralph Lauren Co. will post 12.01 earnings per share for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be issued a $0.825 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $3.30 dividend on an annualized basis and a yield of 1.44%. Ralph Lauren’s dividend payout ratio is presently 30.11%.

Analysts Set New Price Targets

RL has been the topic of a number of research analyst reports. TD Cowen increased their price objective on shares of Ralph Lauren from $258.00 to $268.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Raymond James downgraded Ralph Lauren from an “outperform” rating to a “market perform” rating in a research note on Monday, January 27th. UBS Group upped their price objective on Ralph Lauren from $332.00 to $348.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Guggenheim raised their target price on Ralph Lauren from $285.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, The Goldman Sachs Group raised shares of Ralph Lauren from a “neutral” rating to a “buy” rating and upped their price target for the company from $280.00 to $286.00 in a research report on Tuesday, March 18th. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Ralph Lauren currently has a consensus rating of “Moderate Buy” and a consensus target price of $284.62.

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.