Ralph Lauren Co. (NYSE:RL) Stock Position Raised by Twin Tree Management LP

Twin Tree Management LP boosted its holdings in Ralph Lauren Co. (NYSE:RL) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,395 shares of the textile maker’s stock after acquiring an additional 3,688 shares during the period. Twin Tree Management LP owned about 0.06% of Ralph Lauren worth $8,637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RL. Lord Abbett & CO. LLC acquired a new position in Ralph Lauren during the 3rd quarter valued at about $94,831,000. Pacer Advisors Inc. grew its holdings in Ralph Lauren by 13.7% in the 3rd quarter. Pacer Advisors Inc. now owns 1,139,975 shares of the textile maker’s stock worth $221,007,000 after buying an additional 137,631 shares in the last quarter. World Investment Advisors LLC bought a new stake in Ralph Lauren during the 3rd quarter valued at $19,320,000. Atreides Management LP raised its stake in Ralph Lauren by 28.3% during 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 in the last quarter. Finally, Holocene Advisors LP boosted its position in Ralph Lauren by 10.2% during the 3rd quarter. Holocene Advisors LP now owns 839,296 shares of the textile maker’s stock worth $162,714,000 after acquiring an additional 78,008 shares during the period. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Ralph Lauren Stock Performance

Ralph Lauren stock opened at $220.03 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31. The company has a market cap of $13.59 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. Ralph Lauren Co. has a fifty-two week low of $155.96 and a fifty-two week high of $289.33. The firm’s 50 day simple moving average is $253.47 and its 200-day simple moving average is $223.17.

Ralph Lauren (NYSE:RL) last announced its earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) 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 research analysts predict that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $3.30 annualized dividend and a yield of 1.50%. Ralph Lauren’s dividend payout ratio (DPR) is presently 30.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Ralph Lauren from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Wells Fargo & Company raised their price objective on shares of Ralph Lauren from $225.00 to $275.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. The Goldman Sachs Group upped their target price on Ralph Lauren from $220.00 to $280.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 price target on shares of Ralph Lauren in a research report on Tuesday, February 4th. Finally, Guggenheim upped their price objective on Ralph Lauren from $285.00 to $310.00 and gave the company a “buy” rating in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $284.15.

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.