RH (NYSE:RH) Shares Bought by Senvest Management LLC

Senvest Management LLC lifted its stake in RH (NYSE:RH - Free Report) by 35.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 315,368 shares of the company's stock after acquiring an additional 82,742 shares during the quarter. RH accounts for 3.8% of Senvest Management LLC's investment portfolio, making the stock its 12th largest position. Senvest Management LLC owned 1.70% of RH worth $124,126,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. UMB Bank n.a. boosted its stake in shares of RH by 125.8% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after purchasing an additional 39 shares during the period. Versant Capital Management Inc boosted its position in 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 buying an additional 70 shares during the period. GAMMA Investing LLC boosted its position in RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company's stock valued at $30,000 after buying an additional 64 shares during the period. Rakuten Securities Inc. grew its stake in shares of RH by 180.0% in the fourth 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 purchased a new stake in shares of RH during the fourth quarter worth $68,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Insiders Place Their Bets

In other news, insider Eri Chaya sold 25,000 shares of the business'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 SEC, which is available at the SEC website. Insiders own 28.10% of the company's stock.

Analyst Ratings Changes

RH has been the subject of several analyst reports. Guggenheim lowered their target price on RH from $500.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. UBS Group lowered their price target on shares of RH from $250.00 to $235.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Morgan Stanley decreased their price target on RH from $530.00 to $300.00 and set an "overweight" rating for the company in a report on Thursday, April 3rd. StockNews.com lowered shares of RH from a "hold" rating to a "sell" rating in a research note on Wednesday, March 19th. Finally, Wells Fargo & Company dropped their target price on shares of RH from $375.00 to $300.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Three analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, RH presently has an average rating of "Hold" and a consensus price target of $278.44.

RH Stock Up 4.3 %

RH traded up $6.57 on Friday, hitting $160.42. 1,211,311 shares of the company traded hands, compared to its average volume of 918,898. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The company has a 50 day moving average of $253.03 and a 200-day moving average of $333.70. The stock has a market capitalization of $3.00 billion, a PE ratio of 46.10, a PEG ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last issued its quarterly earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.91 by ($0.33). RH had a negative return on equity of 35.72% and a net margin of 2.25%. The firm had revenue of $812.41 million for the quarter, compared to analyst estimates of $828.21 million. During the same quarter last year, the firm earned $0.72 earnings per share. The company's revenue was up 10.0% compared to the same quarter last year. On average, research analysts anticipate that RH will post 4.39 EPS for the current year.

RH 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.