RH (NYSE:RH) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in RH (NYSE:RH - Free Report) by 55.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,755 shares of the company's stock after purchasing an additional 1,341 shares during the quarter. Sanctuary Advisors LLC's holdings in RH were worth $1,382,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its holdings in shares of RH by 4.9% in the third quarter. Nisa Investment Advisors LLC now owns 747 shares of the company's stock valued at $250,000 after acquiring an additional 35 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of RH by 1.7% during the second quarter. Pacer Advisors Inc. now owns 2,340 shares of the company's stock valued at $572,000 after purchasing an additional 40 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in RH by 4.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 1,212 shares of the company's stock valued at $296,000 after buying an additional 47 shares during the period. State of Alaska Department of Revenue raised its stake in RH by 3.6% in the third quarter. State of Alaska Department of Revenue now owns 1,733 shares of the company's stock worth $579,000 after buying an additional 60 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in RH by 308.3% during 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 in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Insider Activity

In other RH news, Director Keith Belling sold 500 shares of the business's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $415.00, for a total transaction of $207,500.00. Following the sale, the director now directly owns 5,470 shares in the company, valued at $2,270,050. This represents a 8.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward T. Lee sold 2,000 shares of the business's stock in a transaction on Friday, October 18th. The stock was sold at an average price of $353.57, for a total transaction of $707,140.00. The disclosure for this sale can be found here. Insiders own 28.10% of the company's stock.

RH Stock Performance

Shares of RH stock traded up $10.24 on Friday, hitting $398.26. 763,426 shares of the stock traded hands, compared to its average volume of 727,881. RH has a twelve month low of $212.43 and a twelve month high of $457.26. The stock has a market capitalization of $7.41 billion, a PE ratio of 114.44, a PEG ratio of 2.73 and a beta of 2.44. The firm's 50-day moving average price is $355.73 and its two-hundred day moving average price is $302.38.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings results on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing the consensus estimate of $2.67 by ($0.19). The business had revenue of $811.73 million during the quarter, compared to analyst estimates of $812.19 million. RH had a net margin of 2.25% and a negative return on equity of 32.76%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the company earned ($0.42) EPS. On average, equities research analysts anticipate that RH will post 5.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of RH from $425.00 to $500.00 and gave the company an "overweight" rating in a report on Friday, December 13th. Telsey Advisory Group raised shares of RH from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $485.00 to $500.00 in a report on Thursday. Stifel Nicolaus increased their price objective on RH from $420.00 to $500.00 and gave the company a "buy" rating in a report on Monday, December 16th. TD Cowen boosted their target price on RH from $325.00 to $350.00 and gave the stock a "buy" rating in a research note on Friday, September 13th. Finally, Guggenheim increased their price target on RH from $425.00 to $550.00 and gave the company a "buy" rating in a research note on Friday, December 13th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $402.40.

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.