Wolf Hill Capital Management LP Has $59.15 Million Holdings in RH (NYSE:RH)

Wolf Hill Capital Management LP grew its stake in shares of RH (NYSE:RH - Free Report) by 160.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,294 shares of the company's stock after purchasing an additional 92,565 shares during the period. RH makes up 4.2% of Wolf Hill Capital Management LP's investment portfolio, making the stock its 8th largest holding. Wolf Hill Capital Management LP owned approximately 0.81% of RH worth $59,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its position in RH by 0.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,872 shares of the company's stock valued at $1,524,000 after acquiring an additional 29 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of RH by 6.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 549 shares of the company's stock valued at $216,000 after purchasing an additional 31 shares during the last quarter. Insight Advisors LLC PA boosted its position in shares of RH by 2.3% in the 4th quarter. Insight Advisors LLC PA now owns 1,449 shares of the company's stock worth $571,000 after purchasing an additional 33 shares in the last quarter. US Bancorp DE grew its stake in shares of RH by 14.6% in the 4th quarter. US Bancorp DE now owns 283 shares of the company's stock worth $111,000 after buying an additional 36 shares during the last quarter. Finally, UMB Bank n.a. increased its position in 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 buying an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company's stock.

Analysts Set New Price Targets

RH has been the topic of several analyst reports. Stifel Nicolaus dropped their target price on RH from $450.00 to $390.00 and set a "buy" rating on the stock in a report on Monday, April 7th. Telsey Advisory Group dropped their target price on shares of RH from $420.00 to $280.00 and set an "outperform" rating on the stock in a research note on Thursday, April 3rd. StockNews.com cut RH from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Wedbush decreased 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. Finally, Robert W. Baird dropped their price objective on RH from $400.00 to $215.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $278.44.

RH Trading Up 0.8 %

NYSE RH traded up $1.41 on Friday, hitting $185.76. 997,144 shares of the company traded hands, compared to its average volume of 942,741. The business's 50 day moving average price is $232.35 and its 200-day moving average price is $328.33. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 53.38, a P/E/G ratio of 2.65 and a beta of 2.44. RH has a 52-week low of $123.03 and a 52-week high of $457.26.

RH (NYSE:RH - Get Free Report) last released its earnings results 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 analysts' expectations of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The company's revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 earnings per share. As a group, sell-side analysts predict that RH will post 4.39 earnings per share for the current year.

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.