RH (NYSE:RH) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lessened its position in RH (NYSE:RH - Free Report) by 63.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,496 shares of the company's stock after selling 56,411 shares during the period. Marshall Wace LLP owned approximately 0.17% of RH worth $12,790,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RH. Versant Capital Management Inc increased its holdings in shares of RH by 7,000.0% in the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after purchasing an additional 70 shares in the last quarter. UMB Bank n.a. lifted its position in shares of RH by 125.8% during the 4th quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after acquiring an additional 39 shares during the period. GAMMA Investing LLC lifted its position in shares of RH by 533.3% during the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company's stock valued at $30,000 after acquiring an additional 64 shares during the period. Rakuten Securities Inc. boosted its stake in shares of RH by 180.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock worth $44,000 after acquiring an additional 72 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of RH in the 4th quarter worth approximately $68,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on RH. Citigroup reiterated a "neutral" rating and set a $200.00 target price (down from $437.00) on shares of RH in a research report on Thursday, April 3rd. StockNews.com lowered shares of RH from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Robert W. Baird dropped their target price on shares of RH from $400.00 to $215.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Wedbush reduced their price target on shares of RH from $500.00 to $350.00 and set an "outperform" rating on the stock in a report on Wednesday, March 26th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of RH from $510.00 to $250.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Three analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, RH currently has a consensus rating of "Hold" and an average price target of $278.44.

RH Trading Up 0.8 %

Shares of RH traded up $1.41 during mid-day trading on Friday, reaching $185.76. The company had a trading volume of 997,144 shares, compared to its average volume of 942,118. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26. The firm has a fifty day simple moving average of $236.39 and a 200-day simple moving average of $329.27. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 53.38, a price-to-earnings-growth ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last released 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 business had revenue of $812.41 million for the quarter, compared to analysts' expectations of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. RH's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, equities analysts predict that RH will post 4.39 EPS for the current fiscal year.

About RH

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.