Deutsche Bank reaffirmed their hold rating on shares of Ralph Lauren Corp (NYSE:RL) in a research report report published on Tuesday, MarketBeat.com reports.

In other news, major shareholder Realty Advisors, Llc acquired 5,329 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The stock was acquired at an average cost of $6.65 per share, with a total value of $35,437.85. Following the acquisition, the insider now owns 7,821,700 shares in the company, valued at $52,014,305. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jackwyn Nemerov sold 44,773 shares of the company’s stock in a transaction on Friday, November 6th. The stock was sold at an average price of $135.88, for a total transaction of $6,083,755.24. The disclosure for this sale can be found here.

Several hedge funds have recently bought and sold shares of the company. Pensionfund Sabic purchased a new stake in Ralph Lauren Corp during the fourth quarter valued at about $1,338,000. Pensionfund DSM Netherlands purchased a new stake in Ralph Lauren Corp during the fourth quarter valued at about $2,676,000. Telemus Capital increased its stake in shares of Ralph Lauren Corp by 3.7% in the fourth quarter. Telemus Capital now owns 13,321 shares of the company’s stock worth $1,485,000 after buying an additional 472 shares during the period. CIBC World Markets bought a new stake in shares of Ralph Lauren Corp during the fourth quarter worth $996,000. Finally, Quantres Asset Management bought a new stake in shares of Ralph Lauren Corp during the fourth quarter worth $468,000.

Several other research firms have also commented on RL. Vetr raised shares of Ralph Lauren Corp from a buy rating to a strong-buy rating and set a $131.41 target price for the company in a research note on Thursday, October 15th. Stifel Nicolaus reissued a buy rating on shares of Ralph Lauren Corp in a research note on Thursday, October 1st. Susquehanna increased their target price on shares of Ralph Lauren Corp from $142.00 to $150.00 and gave the company a positive rating in a research note on Monday, November 9th. Zacks Investment Research lowered shares of Ralph Lauren Corp from a buy rating to a hold rating in a research note on Thursday, December 10th. Finally, Telsey Advisory Group increased their target price on shares of Ralph Lauren Corp from $142.00 to $150.00 and gave the company an outperform rating in a research note on Friday, November 6th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $137.35.

Ralph Lauren Corp (NYSE:RL) traded down 0.60% during mid-day trading on Tuesday, reaching $108.46. 1,087,187 shares of the company’s stock traded hands. Ralph Lauren Corp has a 52-week low of $98.15 and a 52-week high of $171.27. The company has a 50-day moving average of $109.54 and a 200-day moving average of $116.37. The company has a market capitalization of $9.19 billion and a price-to-earnings ratio of 16.89.

Ralph Lauren Corp (NYSE:RL) last posted its earnings results on Thursday, November 5th. The company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.73 by $0.40. The firm earned $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ralph Lauren Corp’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the company posted $2.25 EPS. Equities research analysts expect that Ralph Lauren Corp will post $6.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 8th. Stockholders of record on Thursday, December 24th were paid a dividend of $0.50 per share. This is a positive change from Ralph Lauren Corp’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, December 22nd. This represents a $2.00 annualized dividend and a dividend yield of 1.84%.

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 in three segments: Wholesale, Retail and Licensing. Wholesale business, representing approximately 46% of net revenues as of fiscal year ended March 28, 2015 (NYSE:RL), consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company’s retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company license to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear and fragrances.

12 Month Chart for NYSE:RL

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