Alpha Windward LLC purchased a new position in shares of Ralph Lauren Corp (NYSE:RL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,025 shares of the textile maker’s stock, valued at approximately $625,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in Ralph Lauren by 7.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,368 shares of the textile maker’s stock worth $101,000 after purchasing an additional 96 shares during the last quarter. Norinchukin Bank The increased its stake in Ralph Lauren by 4.5% during the 2nd quarter. Norinchukin Bank The now owns 3,824 shares of the textile maker’s stock worth $282,000 after acquiring an additional 164 shares during the period. Mutual of America Capital Management LLC increased its stake in Ralph Lauren by 2.9% during the 2nd quarter. Mutual of America Capital Management LLC now owns 18,875 shares of the textile maker’s stock worth $1,393,000 after acquiring an additional 532 shares during the period. Sentry Investment Management LLC increased its stake in Ralph Lauren by 1.6% during the 2nd quarter. Sentry Investment Management LLC now owns 37,912 shares of the textile maker’s stock worth $2,798,000 after acquiring an additional 594 shares during the period. Finally, Hosking Partners LLP increased its stake in Ralph Lauren by 0.4% during the 3rd quarter. Hosking Partners LLP now owns 174,778 shares of the textile maker’s stock worth $15,431,000 after acquiring an additional 617 shares during the period. 66.89% of the stock is owned by institutional investors and hedge funds.

Ralph Lauren Corp (NYSE RL) opened at $106.05 on Thursday. Ralph Lauren Corp has a 52 week low of $66.06 and a 52 week high of $107.39. The company has a quick ratio of 1.55, a current ratio of 2.09 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $8,486.74, a price-to-earnings ratio of 109.33, a PEG ratio of 2.13 and a beta of 0.65.

Ralph Lauren (NYSE:RL) last issued its quarterly earnings results on Thursday, November 2nd. The textile maker reported $1.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.90 by $0.09. Ralph Lauren had a return on equity of 14.06% and a net margin of 1.29%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the company posted $1.90 EPS. The company’s revenue for the quarter was down 8.6% compared to the same quarter last year. sell-side analysts expect that Ralph Lauren Corp will post 5.56 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $2.00 annualized dividend and a dividend yield of 1.89%. Ralph Lauren’s payout ratio is 206.19%.

In other news, insider Valerie Hermann sold 2,400 shares of Ralph Lauren stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $91.22, for a total value of $218,928.00. Following the transaction, the insider now owns 35,028 shares in the company, valued at approximately $3,195,254.16. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 32.93% of the company’s stock.

RL has been the topic of a number of recent research reports. Bank of America lowered Ralph Lauren from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $100.14 to $80.00 in a research note on Wednesday, December 13th. Zacks Investment Research upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $97.00 price objective on the stock in a research note on Tuesday, October 10th. Piper Jaffray Companies set a $81.00 price objective on Ralph Lauren and gave the stock a “sell” rating in a research note on Thursday, October 19th. Cowen set a $95.00 price objective on Ralph Lauren and gave the stock a “hold” rating in a research note on Thursday, November 16th. Finally, Barclays raised their price objective on Ralph Lauren from $84.00 to $87.00 and gave the stock an “underweight” rating in a research note on Monday, November 6th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $88.66.

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About Ralph Lauren

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.

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Institutional Ownership by Quarter for Ralph Lauren (NYSE:RL)

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