Mutual of America Capital Management LLC cut its position in shares of Ralph Lauren Corp (NYSE:RL) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,525 shares of the textile maker’s stock after selling 469 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Ralph Lauren were worth $1,817,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC grew its position in Ralph Lauren by 2.9% during the 2nd quarter. FMR LLC now owns 364,123 shares of the textile maker’s stock worth $26,872,000 after acquiring an additional 10,180 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in Ralph Lauren by 15.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 98,352 shares of the textile maker’s stock worth $7,258,000 after acquiring an additional 13,288 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Ralph Lauren by 45.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 618,317 shares of the textile maker’s stock worth $45,630,000 after acquiring an additional 194,350 shares during the last quarter. Janus Henderson Group PLC grew its position in Ralph Lauren by 1,115.4% during the 2nd quarter. Janus Henderson Group PLC now owns 114,664 shares of the textile maker’s stock worth $8,462,000 after acquiring an additional 105,230 shares during the last quarter. Finally, Toronto Dominion Bank grew its position in Ralph Lauren by 22.9% during the 2nd quarter. Toronto Dominion Bank now owns 18,686 shares of the textile maker’s stock worth $1,378,000 after acquiring an additional 3,483 shares during the last quarter. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $116.00 price target on the stock in a research report on Tuesday. Piper Jaffray Companies set a $109.00 price target on Ralph Lauren and gave the stock a “sell” rating in a research report on Tuesday, January 30th. Bank of America raised their price target on Ralph Lauren from $80.00 to $95.00 and gave the stock an “underperform” rating in a research report on Friday, February 2nd. Nomura raised their price target on Ralph Lauren from $92.00 to $111.00 and gave the stock a “neutral” rating in a research report on Friday, February 2nd. Finally, Royal Bank of Canada restated a “hold” rating and set a $113.00 price target on shares of Ralph Lauren in a research report on Friday, February 2nd. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Ralph Lauren currently has a consensus rating of “Hold” and an average price target of $98.05.

Ralph Lauren Corp (RL) opened at $104.54 on Wednesday. The company has a market capitalization of $8,500.00, a P/E ratio of -102.49, a PEG ratio of 1.71 and a beta of 0.65. Ralph Lauren Corp has a one year low of $66.06 and a one year high of $119.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.07 and a quick ratio of 1.58.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings data on Thursday, February 1st. The textile maker reported $2.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.16. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Ralph Lauren had a positive return on equity of 14.64% and a negative net margin of 1.33%. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.86 earnings per share. analysts expect that Ralph Lauren Corp will post 5.93 earnings per share for the current year.

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Ralph Lauren Profile

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world.

Institutional Ownership by Quarter for Ralph Lauren (NYSE:RL)

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