RH (NYSE:RH) Stock Position Increased by Anomaly Capital Management LP

Anomaly Capital Management LP grew its stake in shares of RH (NYSE:RH - Free Report) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 481,111 shares of the company's stock after acquiring an additional 41,986 shares during the quarter. RH comprises approximately 5.6% of Anomaly Capital Management LP's portfolio, making the stock its 7th biggest position. Anomaly Capital Management LP owned approximately 2.59% of RH worth $189,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in shares of RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after acquiring an additional 70 shares during the last quarter. UMB Bank n.a. grew its stake 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 boosted its position in shares of RH by 533.3% in the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company's stock worth $30,000 after purchasing an additional 64 shares during the period. Rakuten Securities Inc. increased 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 purchasing an additional 72 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of RH during the 4th quarter valued at $68,000. Institutional investors own 90.17% of the company's stock.

Wall Street Analyst Weigh In

RH has been the subject of several research analyst reports. UBS Group cut their target price on RH from $250.00 to $235.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. StockNews.com downgraded shares of RH from a "hold" rating to a "sell" rating in a report on Wednesday, March 19th. Guggenheim cut their price objective on RH from $500.00 to $300.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Morgan Stanley dropped their price target on RH from $530.00 to $300.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. Finally, Barclays reduced their price objective on RH from $515.00 to $436.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, RH presently has a consensus rating of "Hold" and an average target price of $278.44.

RH Price Performance

RH stock traded up $1.41 during midday trading on Friday, reaching $185.76. The company's stock had a trading volume of 997,144 shares, compared to its average volume of 942,741. RH has a 52-week low of $123.03 and a 52-week high of $457.26. The stock has a market capitalization of $3.48 billion, a P/E ratio of 53.38, a PEG ratio of 2.65 and a beta of 2.44. The stock's 50-day simple moving average is $236.39 and its 200-day simple moving average is $329.27.

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