ORG Wealth Partners LLC Lowers Position in Ralph Lauren Co. (NYSE:RL)

ORG Wealth Partners LLC lowered its holdings in Ralph Lauren Co. (NYSE:RL) by 18.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 382 shares of the textile maker’s stock after selling 87 shares during the period. ORG Wealth Partners LLC’s holdings in Ralph Lauren were worth $88,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in Ralph Lauren by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,787 shares of the textile maker’s stock worth $95,537,000 after purchasing an additional 13,640 shares during the period. Bridgewater Associates LP grew its position in shares of Ralph Lauren by 145.8% in the 3rd quarter. Bridgewater Associates LP now owns 59,927 shares of the textile maker’s stock worth $11,618,000 after buying an additional 35,550 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Ralph Lauren in the 3rd quarter worth approximately $1,819,000. CWA Asset Management Group LLC boosted its position in shares of Ralph Lauren by 31.9% during the fourth quarter. CWA Asset Management Group LLC now owns 11,913 shares of the textile maker’s stock valued at $2,752,000 after purchasing an additional 2,880 shares in the last quarter. Finally, Quest Partners LLC boosted its position in shares of Ralph Lauren by 210.1% during the third quarter. Quest Partners LLC now owns 6,167 shares of the textile maker’s stock valued at $1,196,000 after purchasing an additional 4,178 shares in the last quarter. 67.91% of the stock is owned by hedge funds and other institutional investors.

Ralph Lauren Trading Down 2.6 %

Ralph Lauren stock opened at $236.78 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.72 and a quick ratio of 1.18. Ralph Lauren Co. has a one year low of $134.90 and a one year high of $245.92. The stock has a market capitalization of $14.70 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 1.69 and a beta of 1.49. The business’s fifty day moving average is $223.62 and its 200 day moving average is $194.93.

Ralph Lauren (NYSE:RL) last released its quarterly earnings data on Thursday, November 7th. The textile maker reported $2.54 EPS for the quarter, beating the consensus estimate of $2.43 by $0.11. Ralph Lauren had a return on equity of 29.44% and a net margin of 10.15%. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same period last year, the firm posted $2.10 earnings per share. Ralph Lauren’s revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts predict that Ralph Lauren Co. will post 11.71 EPS for the current year.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were given a dividend of $0.825 per share. The ex-dividend date was Friday, December 27th. This represents a $3.30 annualized dividend and a dividend yield of 1.39%. Ralph Lauren’s dividend payout ratio (DPR) is presently 31.46%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on RL shares. Wells Fargo & Company lifted their price target on Ralph Lauren from $215.00 to $225.00 and gave the company an “equal weight” rating in a research report on Friday. Telsey Advisory Group restated an “outperform” rating and set a $207.00 price target on shares of Ralph Lauren in a research report on Thursday, November 7th. TD Cowen lifted their price target on Ralph Lauren from $208.00 to $251.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. Argus upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a research report on Tuesday, December 31st. Finally, UBS Group lifted their price objective on Ralph Lauren from $287.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $228.09.

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.