Insider Deal: Lauren Family – L.L.C. Sold 107,142 Shares of Ralph Lauren Corporation (NYSE:RL)

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Lauren Family – L.L.C. Insider Buy

The insider of Ralph Lauren Corp, Lauren Family – L.L.C. sold 107,142 shares of the Pinksheet-listed Ralph Lauren Corp based on the average price of $99.7 for share. The sold shares had a value of roughly $10,686,195 U.S. Dollars. Currently, Lauren Family – L.L.C., has in hand 21,405 shares, which accounts for 10%+ of the Company’s market capitalization.

Ralph Lauren Corporation (NYSE:RL) Ratings Coverage

Among 9 analysts covering Ralph Lauren (NYSE:RL), 4 have Buy rating, 2 Sell and 3 Hold. Therefore 44% are positive. Ralph Lauren has $15400 highest and $7600 lowest target. $127.78’s average target is 24.96% above currents $102.26 stock price. Ralph Lauren had 14 analyst reports since March 18, 2019 according to SRatingsIntel. The company was downgraded on Wednesday, July 17 by Goldman Sachs. The company was maintained on Wednesday, May 15 by Deutsche Bank. The firm has “Overweight” rating given on Monday, March 18 by JP Morgan. The firm has “Neutral” rating given on Wednesday, May 8 by UBS. The stock of Ralph Lauren Corporation (NYSE:RL) earned “Outperform” rating by RBC Capital Markets on Thursday, May 9. The stock of Ralph Lauren Corporation (NYSE:RL) earned “Neutral” rating by Nomura on Wednesday, May 15. On Monday, August 26 the stock rating was maintained by Bank of America with “Underperform”. J.P. Morgan maintained the shares of RL in report on Monday, March 18 with “Buy” rating. The company was reinitiated on Monday, March 18 by Citigroup.

Investors sentiment increased to 1.05 in Q2 2019. Its up 0.08, from 0.97 in 2019Q1. It improved, as 38 investors sold Ralph Lauren Corporation shares while 125 reduced holdings. 61 funds opened positions while 110 raised stakes. 49.01 million shares or 0.74% less from 49.38 million shares in 2019Q1 were reported.

Moreover, Nelson Van Denburg Campbell Wealth Grp Inc has 0.04% invested in Ralph Lauren Corporation (NYSE:RL) for 1,830 shares. Mitsubishi Ufj Tru Bk has 41,223 shares. Royal Retail Bank Of Canada invested in 0% or 21,339 shares. 2,683 were accumulated by Ls Investment Advisors Ltd Limited Liability Company. Retirement Of Alabama stated it has 24,342 shares. Td Asset has 15,734 shares for 0% of their portfolio. Aqr Capital Mngmt Ltd Company stated it has 1.84 million shares. Daiwa Secs Group Inc Inc reported 1,963 shares. Fifth Third Commercial Bank has invested 0% of its portfolio in Ralph Lauren Corporation (NYSE:RL). Tci Wealth Advsrs reported 0% stake. Lmr Partners Llp holds 0.02% or 4,258 shares. First Hawaiian National Bank & Trust invested in 0.01% or 2,439 shares. Nuveen Asset Management Limited Co holds 257,391 shares. 20,521 are held by Oregon Employees Retirement Fund. Dnb Asset As holds 0% or 16,457 shares in its portfolio.

Since May 30, 2019, it had 0 buys, and 6 sales for $46.65 million activity.

The stock increased 1.67% or $1.68 during the last trading session, reaching $102.26. About 1.55M shares traded or 25.28% up from the average. Ralph Lauren Corporation (NYSE:RL) has declined 23.30% since September 14, 2018 and is downtrending. It has underperformed by 23.30% the S&P500.

Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company has market cap of $7.90 billion. The firm operates in three divisions: North America, Europe, and Asia. It has a 18.84 P/E ratio. It offers apparel, including a range of men's, women's, and children's clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.

Analysts await Ralph Lauren Corporation (NYSE:RL) to report earnings on November, 5. They expect $2.39 EPS, up 5.75 % or $0.13 from last year’s $2.26 per share. RL’s profit will be $184.57M for 10.70 P/E if the $2.39 EPS becomes a reality. After $1.77 actual EPS reported by Ralph Lauren Corporation for the previous quarter, Wall Street now forecasts 35.03 % EPS growth.

More notable recent Ralph Lauren Corporation (NYSE:RL) news were published by: Finance.Yahoo.com which released: “5 Apparel and Footwear Manufacturing Companies Gurus Agree On – Yahoo Finance” on September 11, 2019, also Finance.Yahoo.com with their article: “Why Ralph Lauren Offers Good Value for Money – Yahoo Finance” published on August 22, 2019, Nasdaq.com published: “Enough with the Hoodies and Lycra. Can Ralph Lauren’s Sustainability Drive Bring Denim Back? – Nasdaq” on September 05, 2019. More interesting news about Ralph Lauren Corporation (NYSE:RL) were released by: Seekingalpha.com and their article: “BAML negative on Ralph Lauren – Seeking Alpha” published on August 26, 2019 as well as Bizjournals.com‘s news article titled: “Ralph Lauren launches ad campaign on TikTok – Bizwomen – The Business Journals” with publication date: September 03, 2019.

Ralph Lauren Corporation (NYSE:RL) Institutional Positions Chart

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