Vision Financial Markets LLC Takes Position in Ralph Lauren Co. (NYSE:RL)

Vision Financial Markets LLC acquired a new stake in shares of Ralph Lauren Co. (NYSE:RL) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,100 shares of the textile maker’s stock, valued at approximately $716,000. Ralph Lauren accounts for about 0.8% of Vision Financial Markets LLC’s investment portfolio, making the stock its 26th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of RL. Huntington National Bank boosted its stake in shares of Ralph Lauren by 86.6% during the 3rd quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock worth $43,000 after purchasing an additional 103 shares during the period. Jones Financial Companies Lllp lifted its holdings in Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker’s stock valued at $47,000 after buying an additional 149 shares in the last quarter. True Wealth Design LLC lifted its holdings in Ralph Lauren by 8,933.3% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock valued at $53,000 after buying an additional 268 shares in the last quarter. AM Squared Ltd bought a new stake in Ralph Lauren during the 3rd quarter valued at about $58,000. Finally, Versant Capital Management Inc lifted its holdings in Ralph Lauren by 333.3% during the 4th quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock valued at $81,000 after buying an additional 270 shares in the last quarter. 67.91% of the stock is currently owned by institutional investors.

Ralph Lauren Trading Down 1.2 %

Shares of RL opened at $249.79 on Thursday. 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 12-month low of $155.96 and a 12-month high of $289.33. The firm has a 50-day moving average price of $254.55 and a 200 day moving average price of $219.57. The firm has a market capitalization of $15.43 billion, a P/E ratio of 22.79, a P/E/G ratio of 1.73 and a beta of 1.49.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. Sell-side analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current 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 paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren’s dividend payout ratio (DPR) is presently 30.11%.

Analyst Upgrades and Downgrades

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 report on Thursday, February 6th. StockNews.com upgraded shares of Ralph Lauren from a “hold” rating to a “buy” rating in a report on Monday, November 18th. UBS Group boosted their price target on shares of Ralph Lauren from $332.00 to $348.00 and gave the company a “buy” rating in a report on Friday, February 7th. Barclays boosted their price target on shares of Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, BNP Paribas upgraded shares of Ralph Lauren to a “strong-buy” rating in a report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.