WINTON GROUP Ltd Sells 717 Shares of Ralph Lauren Co. (NYSE:RL)

WINTON GROUP Ltd lessened its stake in shares of Ralph Lauren Co. (NYSE:RL) by 12.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,959 shares of the textile maker’s stock after selling 717 shares during the period. WINTON GROUP Ltd’s holdings in Ralph Lauren were worth $1,145,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of RL. Boston Partners lifted its position in shares of Ralph Lauren by 7.1% in the 4th quarter. Boston Partners now owns 982,927 shares of the textile maker’s stock worth $227,085,000 after purchasing an additional 65,303 shares during the period. Geode Capital Management LLC raised its stake in Ralph Lauren by 3.3% in the third quarter. Geode Capital Management LLC now owns 949,512 shares of the textile maker’s stock worth $183,787,000 after buying an additional 30,694 shares in the last quarter. Holocene Advisors LP lifted its holdings in Ralph Lauren by 10.2% during the third quarter. Holocene Advisors LP now owns 839,296 shares of the textile maker’s stock worth $162,714,000 after buying an additional 78,008 shares during the period. Lord Abbett & CO. LLC bought a new stake in Ralph Lauren during the 3rd quarter valued at $94,831,000. Finally, Atreides Management LP increased its holdings in shares of Ralph Lauren by 28.3% in the 3rd quarter. Atreides Management LP now owns 377,481 shares of the textile maker’s stock valued at $73,182,000 after acquiring an additional 83,349 shares during the period. Hedge funds and other institutional investors own 67.91% of the company’s stock.

Ralph Lauren Trading Down 4.3 %

Shares of RL stock opened at $215.46 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39. Ralph Lauren Co. has a twelve month low of $155.96 and a twelve month high of $289.33. The company’s 50-day moving average price is $251.01 and its 200-day moving average price is $225.77. The stock has a market cap of $13.31 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.73 and a beta of 1.50.

Ralph Lauren (NYSE:RL) last posted its earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. As a group, equities analysts predict that Ralph Lauren Co. will post 12.01 earnings per share for the current year.

Ralph Lauren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, March 28th. Ralph Lauren’s dividend payout ratio (DPR) is presently 30.11%.

Wall Street Analyst Weigh In

Several research firms recently commented on RL. Jefferies Financial Group boosted their price objective on shares of Ralph Lauren from $285.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Needham & Company LLC began coverage on Ralph Lauren in a research report on Wednesday, February 12th. They set a “buy” rating and a $310.00 price target on the stock. The Goldman Sachs Group raised Ralph Lauren from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $280.00 to $286.00 in a research report on Tuesday, March 18th. Wells Fargo & Company upped their target price on Ralph Lauren from $225.00 to $275.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Finally, Barclays raised their price target on Ralph Lauren from $257.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.62.

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.