EAM Investors LLC purchased a new position in shares of RH (NYSE:RH - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,244 shares of the company's stock, valued at approximately $4,426,000. EAM Investors LLC owned approximately 0.06% of RH as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of RH. Evergreen Capital Management LLC boosted its holdings in shares of RH by 1.8% in the 4th quarter. Evergreen Capital Management LLC now owns 17,328 shares of the company's stock valued at $6,820,000 after buying an additional 304 shares in the last quarter. Senvest Management LLC grew its holdings in shares of RH by 35.6% during the fourth quarter. Senvest Management LLC now owns 315,368 shares of the company's stock worth $124,126,000 after purchasing an additional 82,742 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of RH in the 4th quarter valued at about $284,000. Keystone Financial Group lifted its stake in RH by 302.9% in the fourth quarter. Keystone Financial Group now owns 6,966 shares of the company's stock valued at $2,640,000 after buying an additional 5,237 shares during the last quarter. Finally, Summit Investment Advisors Inc. boosted its stake in RH by 12.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 7,574 shares of the company's stock worth $2,981,000 after purchasing an additional 859 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.
RH Trading Down 6.6 %
Shares of RH traded down $10.68 during midday trading on Monday, reaching $150.45. 585,527 shares of the company were exchanged, compared to its average volume of 919,460. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The stock has a 50-day moving average price of $253.03 and a 200-day moving average price of $333.69. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 43.23, a P/E/G ratio of 2.65 and a beta of 2.44.
RH (NYSE:RH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.91 by ($0.33). The firm had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The firm's revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS. Equities research analysts anticipate that RH will post 4.39 earnings per share for the current year.
Insider Transactions at RH
In related news, insider Eri Chaya sold 25,000 shares of the business's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $450.45, for a total value of $11,261,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 28.10% of the company's stock.
Analyst Ratings Changes
RH has been the subject of a number of recent research reports. Barclays decreased their price objective on RH from $515.00 to $436.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. Guggenheim lowered their target price on shares of RH from $500.00 to $300.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Wedbush cut their price target on RH from $500.00 to $350.00 and set an "outperform" rating for the company in a research note on Wednesday, March 26th. Wells Fargo & Company reduced their target price on RH from $375.00 to $300.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Finally, StockNews.com lowered shares of RH from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $278.44.
Get Our Latest Research Report on RH
About RH
(
Free Report)
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.
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