Linden Thomas Advisory Services LLC Has $1.25 Million Stock Position in Ralph Lauren Co. (NYSE:RL)

Linden Thomas Advisory Services LLC raised its stake in Ralph Lauren Co. (NYSE:RL) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,417 shares of the textile maker’s stock after buying an additional 164 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Ralph Lauren were worth $1,251,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in RL. Huntington National Bank lifted its holdings in Ralph Lauren by 86.6% in the third quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock valued at $43,000 after buying an additional 103 shares during the period. True Wealth Design LLC increased its stake in Ralph Lauren by 8,933.3% in the third quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock valued at $53,000 after purchasing an additional 268 shares in the last quarter. AM Squared Ltd bought a new stake in Ralph Lauren in the third quarter valued at $58,000. Quent Capital LLC increased its stake in Ralph Lauren by 181.7% in the third quarter. Quent Capital LLC now owns 400 shares of the textile maker’s stock valued at $78,000 after purchasing an additional 258 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Ralph Lauren by 333.3% during the fourth quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock worth $81,000 after acquiring an additional 270 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Stock Down 0.1 %

RL opened at $256.17 on Friday. The stock has a market cap of $15.91 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 1.85 and a beta of 1.49. The company has a quick ratio of 1.18, a current ratio of 1.72 and a debt-to-equity ratio of 0.40. The company’s 50-day moving average price is $231.00 and its two-hundred day moving average price is $200.33. Ralph Lauren Co. has a twelve month low of $139.49 and a twelve month high of $257.41.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings results on Thursday, November 7th. The textile maker reported $2.54 EPS for the quarter, beating analysts’ consensus estimates of $2.43 by $0.11. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Ralph Lauren had a net margin of 10.15% and a return on equity of 29.44%. Ralph Lauren’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.10 EPS. As a group, equities analysts expect that Ralph Lauren Co. will post 11.75 earnings per share for the current year.

Ralph Lauren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were issued a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren’s dividend payout ratio (DPR) is presently 31.46%.

Analyst Ratings Changes

Several equities research analysts have recently commented on RL shares. StockNews.com raised shares of Ralph Lauren from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. The Goldman Sachs Group boosted their target price on shares of Ralph Lauren from $171.00 to $193.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Raymond James boosted their target price on shares of Ralph Lauren from $215.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Wells Fargo & Company boosted their target price on shares of Ralph Lauren from $215.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Finally, Argus raised shares of Ralph Lauren from a “hold” rating to a “buy” rating and set a $250.00 target price for the company in a research report on Tuesday, December 31st. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Ralph Lauren presently has an average rating of “Moderate Buy” and an average target price of $228.09.

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.