As Ralph Lauren Corp (RL) Stock Value Rose, Jupiter Asset Management LTD Has Raised Stake

July 27, 2018 - By Jack Shaw

Ralph Lauren Corporation (NYSE:RL) LogoInvestors sentiment decreased to 1.03 in 2018 Q1. Its down 0.17, from 1.2 in 2017Q4. It fall, as 28 investors sold RL shares while 128 reduced holdings. 55 funds opened positions while 105 raised stakes. 54.68 million shares or 5.07% less from 57.61 million shares in 2017Q4 were reported. Us Bankshares De accumulated 4,877 shares or 0% of the stock. Zuckerman Invest Grp Limited Liability Co invested in 103,631 shares. Commerzbank Aktiengesellschaft Fi owns 46,849 shares. Mackay Shields Ltd Liability Corp invested 0.14% in Ralph Lauren Corporation (NYSE:RL). J Goldman & Limited Partnership accumulated 199,964 shares or 0.95% of the stock. Gam Ag holds 65,311 shares. Thrivent Fincl For Lutherans has 2,311 shares. The Michigan-based State Treasurer State Of Michigan has invested 0.01% in Ralph Lauren Corporation (NYSE:RL). Pictet Asset Management holds 0.01% of its portfolio in Ralph Lauren Corporation (NYSE:RL) for 30,814 shares. Greenwood Capital Associate Limited Com holds 0.06% of its portfolio in Ralph Lauren Corporation (NYSE:RL) for 2,115 shares. Glob Thematic Prtn Ltd Liability reported 1.67% stake. Advantus Cap Management accumulated 5,535 shares or 0.02% of the stock. New York-based Coatue Mngmt Ltd Liability has invested 0.01% in Ralph Lauren Corporation (NYSE:RL). Manufacturers Life Insurance The holds 0.02% or 166,795 shares in its portfolio. Peak6 Invs Lp owns 28,240 shares.

Since June 11, 2018, it had 0 insider buys, and 2 sales for $14.49 million activity. Another trade for 100,000 shares valued at $14.24M was sold by LAUREN RALPH.

Jupiter Asset Management Ltd increased its stake in Ralph Lauren Corp (RL) by 1.78% based on its latest 2018Q1 regulatory filing with the SEC. Jupiter Asset Management Ltd bought 37,800 shares as the company’s stock rose 25.26% while stock markets declined. The institutional investor held 2.16M shares of the apparel company at the end of 2018Q1, valued at $241.30 million, up from 2.12M at the end of the previous reported quarter. Jupiter Asset Management Ltd who had been investing in Ralph Lauren Corp for a number of months, seems to be bullish on the $11.16 billion market cap company. The stock decreased 0.36% or $0.5 during the last trading session, reaching $136.67. About 809,517 shares traded. Ralph Lauren Corporation (NYSE:RL) has risen 106.40% since July 27, 2017 and is uptrending. It has outperformed by 93.83% the S&P500.

Jupiter Asset Management Ltd, which manages about $3.29B US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 357,712 shares to 280,455 shares, valued at $14.70M in 2018Q1, according to the filing. It also reduced its holding in Comcast Corp New (NASDAQ:CMCSA) by 133,952 shares in the quarter, leaving it with 347,720 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

Another recent and important Ralph Lauren Corporation (NYSE:RL) news was published by Seekingalpha.com which published an article titled: “Ralph Lauren: Just For The Dividend” on July 02, 2018.

Ralph Lauren Corporation (NYSE:RL) Ratings Coverage

Among 12 analysts covering Ralph Lauren (NYSE:RL), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. Ralph Lauren had 20 analyst reports since February 2, 2018 according to SRatingsIntel. The rating was maintained by PiperJaffray with “Underweight” on Thursday, May 24. The stock of Ralph Lauren Corporation (NYSE:RL) earned “Neutral” rating by Buckingham Research on Thursday, May 24. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, May 24. The firm has “Neutral” rating given on Friday, February 2 by Nomura. The company was upgraded on Thursday, March 22 by Cowen & Co. RBC Capital Markets maintained it with “Hold” rating and $113.0 target in Thursday, February 1 report. The rating was maintained by Barclays Capital with “Underweight” on Thursday, May 24. Nomura maintained the stock with “Neutral” rating in Thursday, May 24 report. Cowen & Co maintained the stock with “Buy” rating in Friday, June 8 report. Credit Suisse maintained it with “Buy” rating and $13500 target in Friday, May 18 report.

Ralph Lauren Corporation (NYSE:RL) Institutional Positions Chart

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