Sender Co & Partners Inc. Sells 2,255 Shares of RH (NYSE:RH)

Sender Co & Partners Inc. lowered its position in shares of RH (NYSE:RH - Free Report) by 72.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 849 shares of the company's stock after selling 2,255 shares during the period. Sender Co & Partners Inc.'s holdings in RH were worth $208,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new position in shares of RH during the fourth quarter valued at approximately $25,000. Quest Partners LLC bought a new position in RH in the 4th quarter worth $37,000. Hollencrest Capital Management bought a new position in RH in the 1st quarter worth $47,000. Ridgewood Investments LLC purchased a new stake in shares of RH in the 2nd quarter worth about $62,000. Finally, Tradition Wealth Management LLC boosted its stake in shares of RH by 14.8% during the 4th quarter. Tradition Wealth Management LLC now owns 350 shares of the company's stock valued at $102,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 90.17% of the company's stock.

RH Stock Performance

Shares of RH traded down $0.88 on Friday, hitting $338.81. 313,279 shares of the stock traded hands, compared to its average volume of 742,804. RH has a one year low of $207.26 and a one year high of $354.86. The company has a market capitalization of $6.25 billion, a PE ratio of 94.10, a P/E/G ratio of 1.97 and a beta of 2.42. The business has a 50 day simple moving average of $275.42 and a 200 day simple moving average of $270.08.

RH (NYSE:RH - Get Free Report) last posted its earnings results on Thursday, September 12th. The company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.56 by $0.13. The business had revenue of $829.66 million during the quarter, compared to analyst estimates of $824.52 million. RH had a negative return on equity of 11.29% and a net margin of 1.13%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $3.93 EPS. On average, equities analysts expect that RH will post 5.61 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on RH shares. Stifel Nicolaus increased their price target on shares of RH from $315.00 to $375.00 and gave the stock a "buy" rating in a research note on Monday, September 16th. Citigroup raised their target price on RH from $340.00 to $355.00 and gave the company a "buy" rating in a research note on Friday, September 13th. BNP Paribas raised RH to a "hold" rating in a research note on Friday, June 14th. Wedbush raised their price objective on RH from $250.00 to $310.00 and gave the company a "neutral" rating in a research report on Friday, September 13th. Finally, Robert W. Baird upped their target price on shares of RH from $275.00 to $290.00 and gave the stock a "neutral" rating in a research report on Friday, September 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $322.54.

Insider Buying and Selling at RH

In related news, insider Stefan Duban sold 4,285 shares of the firm's stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $346.37, for a total value of $1,484,195.45. Following the sale, the insider now owns 78 shares in the company, valued at $27,016.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other RH news, Director Mark S. Demilio sold 2,000 shares of the business's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $340.30, for a total transaction of $680,600.00. Following the completion of the sale, the director now directly owns 10,914 shares in the company, valued at approximately $3,714,034.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Stefan Duban sold 4,285 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $346.37, for a total transaction of $1,484,195.45. Following the completion of the transaction, the insider now owns 78 shares in the company, valued at approximately $27,016.86. The disclosure for this sale can be found here. 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.