1,392 Shares in RH (NYSE:RH) Acquired by AXQ Capital LP

AXQ Capital LP bought a new stake in shares of RH (NYSE:RH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,392 shares of the company's stock, valued at approximately $548,000.

Several other large investors have also recently made changes to their positions in the business. Virtu Financial LLC purchased a new stake in RH during the 3rd quarter valued at about $4,268,000. Invst LLC bought a new position in shares of RH in the third quarter worth approximately $752,000. Cerity Partners LLC lifted its stake in shares of RH by 139.7% in the third quarter. Cerity Partners LLC now owns 2,584 shares of the company's stock worth $864,000 after buying an additional 1,506 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of RH by 0.9% during the fourth quarter. Victory Capital Management Inc. now owns 50,684 shares of the company's stock valued at $19,949,000 after buying an additional 445 shares during the last quarter. Finally, L.M. Kohn & Company bought a new stake in shares of RH during the fourth quarter valued at approximately $289,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Guggenheim upped their price target on RH from $425.00 to $550.00 and gave the company a "buy" rating in a report on Friday, December 13th. UBS Group reduced their target price on shares of RH from $440.00 to $250.00 and set a "neutral" rating for the company in a report on Friday. Robert W. Baird upped their target price on shares of RH from $300.00 to $400.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. Telsey Advisory Group cut their price objective on shares of RH from $500.00 to $420.00 and set an "outperform" rating for the company in a report on Monday. Finally, Wells Fargo & Company cut their price objective on RH from $500.00 to $375.00 and set an "overweight" rating for the company in a research report on Tuesday, March 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $412.56.

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RH Stock Performance

NYSE RH traded down $5.19 on Tuesday, hitting $252.65. 655,006 shares of the stock were exchanged, compared to its average volume of 768,482. RH has a 52-week low of $212.04 and a 52-week high of $457.26. The firm has a market capitalization of $4.70 billion, a P/E ratio of 72.60, a P/E/G ratio of 2.65 and a beta of 2.50. The stock has a fifty day moving average price of $350.53 and a two-hundred day moving average price of $352.39.

Insider Buying and Selling

In related news, insider Eri Chaya sold 25,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $450.45, for a total transaction of $11,261,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Edward T. Lee sold 600 shares of the company's stock in a transaction on Friday, January 17th. The shares were sold at an average price of $446.73, for a total value of $268,038.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,380 shares of company stock valued at $28,922,379. Company insiders own 28.10% of the company's stock.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.