RH (NYSE:RH) Shares Sold by X Square Capital LLC

X Square Capital LLC decreased its position in shares of RH (NYSE:RH - Free Report) by 22.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,697 shares of the company's stock after selling 3,079 shares during the quarter. RH accounts for approximately 1.6% of X Square Capital LLC's portfolio, making the stock its 17th largest holding. X Square Capital LLC owned 0.06% of RH worth $3,578,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in RH by 308.3% in the 3rd quarter. Blue Trust Inc. now owns 98 shares of the company's stock valued at $33,000 after acquiring an additional 74 shares during the period. Hollencrest Capital Management acquired a new stake in shares of RH in the first quarter valued at about $47,000. Ridgewood Investments LLC purchased a new stake in shares of RH during the second quarter worth about $62,000. Ameliora Wealth Management Ltd. acquired a new position in shares of RH during the 3rd quarter worth about $110,000. Finally, CWM LLC lifted its stake in RH by 47.2% in the 3rd quarter. CWM LLC now owns 468 shares of the company's stock valued at $157,000 after buying an additional 150 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $340.30, for a total value of $680,600.00. Following the completion of the transaction, the director now owns 10,914 shares of the company's stock, valued at $3,714,034.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $340.30, for a total value of $680,600.00. Following the sale, the director now directly owns 10,914 shares in the company, valued at approximately $3,714,034.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stefan Duban sold 4,285 shares of the business's stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $346.37, for a total value of $1,484,195.45. Following the transaction, the insider now directly owns 78 shares of the company's stock, valued at $27,016.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,285 shares of company stock valued at $2,871,935 in the last ninety days. Company insiders own 28.10% of the company's stock.

RH Stock Up 0.5 %

NYSE:RH traded up $1.53 during trading hours on Thursday, reaching $327.45. 357,292 shares of the stock were exchanged, compared to its average volume of 728,027. RH has a twelve month low of $207.26 and a twelve month high of $367.00. The business has a 50-day moving average of $303.76 and a two-hundred day moving average of $275.04. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 190.98, a PEG ratio of 1.92 and a beta of 2.43.

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

Analyst Ratings Changes

A number of equities analysts have commented on the company. Stifel Nicolaus increased their target price on RH from $315.00 to $375.00 and gave the company a "buy" rating in a report on Monday, September 16th. Bank of America raised their price objective on RH from $310.00 to $359.00 and gave the company a "buy" rating in a report on Friday, September 13th. Citigroup upped their target price on shares of RH from $340.00 to $355.00 and gave the stock a "buy" rating in a report on Friday, September 13th. Barclays lowered their price target on shares of RH from $340.00 to $320.00 and set an "equal weight" rating on the stock in a research report on Monday, September 16th. Finally, StockNews.com upgraded shares of RH to a "sell" rating in a report on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $331.77.

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.