Ralph Lauren Co. (NYSE:RL) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. decreased its position in shares of Ralph Lauren Co. (NYSE:RL) by 26.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 322 shares of the textile maker’s stock after selling 118 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Ralph Lauren were worth $75,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RL. Orion Portfolio Solutions LLC boosted its stake in shares of Ralph Lauren by 5.8% during the 4th quarter. Orion Portfolio Solutions LLC now owns 11,167 shares of the textile maker’s stock valued at $2,579,000 after buying an additional 612 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Ralph Lauren by 70.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 7,455 shares of the textile maker’s stock valued at $1,722,000 after acquiring an additional 3,077 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in Ralph Lauren during the 4th quarter worth $1,102,000. Norges Bank bought a new stake in shares of Ralph Lauren in the 4th quarter worth about $12,619,000. Finally, Blair William & Co. IL raised its stake in shares of Ralph Lauren by 36.3% in the 4th quarter. Blair William & Co. IL now owns 2,584 shares of the textile maker’s stock valued at $597,000 after purchasing an additional 688 shares in the last quarter. 67.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RL has been the subject of several research analyst reports. Raymond James lowered Ralph Lauren from an “outperform” rating to a “market perform” rating in a report on Monday, January 27th. BNP Paribas upgraded Ralph Lauren to a “strong-buy” rating in a report on Thursday, January 23rd. Barclays upped their price target on Ralph Lauren from $257.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. TD Cowen lifted their price objective on shares of Ralph Lauren from $258.00 to $268.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, UBS Group increased their target price on shares of Ralph Lauren from $332.00 to $348.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Ralph Lauren presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.62.

Ralph Lauren Stock Performance

Shares of RL stock opened at $215.46 on Monday. Ralph Lauren Co. has a 12-month low of $155.96 and a 12-month high of $289.33. 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 firm has a market capitalization of $13.31 billion, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. The business has a 50 day simple moving average of $251.01 and a 200 day simple moving average of $226.51.

Ralph Lauren (NYSE:RL) last released its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.46 by $0.36. Ralph Lauren had a return on equity of 30.88% and a net margin of 10.14%. On average, equities research analysts anticipate that Ralph Lauren Co. will post 12.01 EPS for the current year.

Ralph Lauren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, March 28th. Ralph Lauren’s dividend payout ratio is currently 30.11%.

About Ralph Lauren

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.