Delphi Management Inc. MA Has $1.61 Million Stock Position in Ralph Lauren Co. (NYSE:RL)

Delphi Management Inc. MA lowered its holdings in Ralph Lauren Co. (NYSE:RL) by 10.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,963 shares of the textile maker’s stock after selling 824 shares during the period. Ralph Lauren comprises about 1.6% of Delphi Management Inc. MA’s investment portfolio, making the stock its 8th biggest holding. Delphi Management Inc. MA’s holdings in Ralph Lauren were worth $1,608,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Signaturefd LLC boosted its holdings in shares of Ralph Lauren by 20.4% during the fourth quarter. Signaturefd LLC now owns 737 shares of the textile maker’s stock valued at $170,000 after acquiring an additional 125 shares during the period. Cibc World Markets Corp grew its position in shares of Ralph Lauren by 45.0% during the fourth quarter. Cibc World Markets Corp now owns 4,548 shares of the textile maker’s stock worth $1,050,000 after acquiring an additional 1,411 shares during the last quarter. Twin Tree Management LP grew its position in Ralph Lauren by 10.9% in the 4th quarter. Twin Tree Management LP now owns 37,395 shares of the textile maker’s stock worth $8,637,000 after purchasing an additional 3,688 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Ralph Lauren during the fourth quarter valued at approximately $914,000. Finally, Globeflex Capital L P bought a new stake in shares of Ralph Lauren during the fourth quarter valued at approximately $139,000. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Ralph Lauren Trading Down 0.1 %

Ralph Lauren stock opened at $220.03 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.31 and a current ratio of 1.76. The firm has a market cap of $13.59 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.73 and a beta of 1.50. Ralph Lauren Co. has a 1 year low of $155.96 and a 1 year high of $289.33. The firm’s 50 day moving average price is $253.47 and its two-hundred day moving average price is $223.17.

Ralph Lauren (NYSE:RL) last posted 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 net margin of 10.14% and a return on equity of 30.88%. On average, research analysts predict that Ralph Lauren Co. will post 12.01 EPS for the current fiscal year.

Ralph Lauren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be given a $0.825 dividend. The ex-dividend date is Friday, March 28th. This represents a $3.30 annualized dividend and a yield of 1.50%. Ralph Lauren’s dividend payout ratio (DPR) is 30.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on RL shares. Needham & Company LLC started coverage on Ralph Lauren in a report on Wednesday, February 12th. They set a “buy” rating and a $310.00 price target on the stock. Guggenheim lifted their price target on Ralph Lauren from $285.00 to $310.00 and gave the company a “buy” rating in a report on Friday, February 7th. StockNews.com raised Ralph Lauren from a “hold” rating to a “buy” rating in a report on Monday, November 18th. TD Cowen lifted their price target on Ralph Lauren from $258.00 to $268.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Argus raised Ralph Lauren from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a report on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $284.15.

Ralph Lauren 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.