Ralph Lauren Co. (NYSE:RL) Holdings Boosted by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Ralph Lauren Co. (NYSE:RL - Free Report) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,120,508 shares of the textile maker's stock after purchasing an additional 70,544 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned approximately 3.41% of Ralph Lauren worth $489,795,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. FMR LLC increased its stake in shares of Ralph Lauren by 16.9% in the fourth quarter. FMR LLC now owns 1,415,473 shares of the textile maker's stock worth $326,946,000 after purchasing an additional 205,121 shares during the period. Invesco Ltd. grew its position in Ralph Lauren by 30.6% in the fourth quarter. Invesco Ltd. now owns 1,237,512 shares of the textile maker's stock valued at $285,841,000 after acquiring an additional 289,924 shares during the period. JPMorgan Chase & Co. lifted its holdings in Ralph Lauren by 8.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,079,578 shares of the textile maker's stock valued at $249,361,000 after purchasing an additional 82,819 shares during the last quarter. Boston Partners boosted its holdings 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 acquiring an additional 65,303 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Ralph Lauren by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 968,776 shares of the textile maker's stock worth $223,513,000 after purchasing an additional 19,264 shares during the last quarter. Institutional investors and hedge funds own 67.91% of the company's stock.

Ralph Lauren Stock Performance

Shares of Ralph Lauren stock opened at $240.51 on Thursday. The stock has a market cap of $14.85 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 1.73 and a beta of 1.44. The company has a quick ratio of 1.31, a current ratio of 1.76 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 fifty day moving average is $219.24 and its 200 day moving average is $229.87.

Ralph Lauren (NYSE:RL - Get Free Report) last issued its quarterly earnings data 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%. Sell-side analysts forecast that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a dividend of $0.825 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $3.30 annualized dividend and a yield of 1.37%. Ralph Lauren's payout ratio is 30.11%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on RL. StockNews.com downgraded Ralph Lauren from a "buy" rating to a "hold" rating in a research report on Tuesday. Raymond James cut shares of Ralph Lauren from an "outperform" rating to a "market perform" rating in a research report on Monday, January 27th. Cowen reaffirmed a "buy" rating on shares of Ralph Lauren in a research note on Tuesday, February 4th. UBS Group boosted their price target on Ralph Lauren from $332.00 to $348.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Cfra Research raised shares of Ralph Lauren from a "moderate sell" rating to a "hold" rating in a research report on Monday, April 14th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $272.14.

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.

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