Aquatic Capital Management LLC Acquires 34,990 Shares of RH (NYSE:RH)

Aquatic Capital Management LLC grew its stake in RH (NYSE:RH - Free Report) by 221.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,790 shares of the company's stock after buying an additional 34,990 shares during the quarter. Aquatic Capital Management LLC owned 0.27% of RH worth $19,990,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its holdings in RH by 0.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,872 shares of the company's stock worth $1,524,000 after purchasing an additional 29 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in RH by 6.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 549 shares of the company's stock worth $216,000 after purchasing an additional 31 shares during the last quarter. Insight Advisors LLC PA boosted its holdings in RH by 2.3% during the fourth quarter. Insight Advisors LLC PA now owns 1,449 shares of the company's stock worth $571,000 after purchasing an additional 33 shares during the last quarter. US Bancorp DE boosted its holdings in RH by 14.6% during the fourth quarter. US Bancorp DE now owns 283 shares of the company's stock worth $111,000 after purchasing an additional 36 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in RH by 125.8% during the fourth quarter. UMB Bank n.a. now owns 70 shares of the company's stock worth $28,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on RH. Stifel Nicolaus reduced their target price on shares of RH from $450.00 to $390.00 and set a "buy" rating for the company in a report on Monday, April 7th. The Goldman Sachs Group set a $276.00 price objective on shares of RH in a research note on Thursday, April 3rd. Citigroup reaffirmed a "neutral" rating and issued a $200.00 target price (down from $437.00) on shares of RH in a report on Thursday, April 3rd. UBS Group reduced their price target on RH from $250.00 to $235.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Finally, Guggenheim lowered their price target on RH from $500.00 to $300.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $278.44.

RH Stock Up 0.6 %

Shares of RH stock traded up $1.06 on Tuesday, hitting $184.59. The stock had a trading volume of 679,666 shares, compared to its average volume of 944,190. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 53.04, a price-to-earnings-growth ratio of 2.65 and a beta of 2.44. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The business's 50 day moving average is $228.40 and its two-hundred day moving average is $327.47.

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). The company had revenue of $812.41 million for the quarter, compared to analyst estimates of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 EPS. As a group, equities analysts predict that RH will post 4.39 earnings per share for the current fiscal 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.