2 weeks Ago By ABMN Staff
Townsquare Capital LLC lowered its stake in shares of RH ( NYSE:RH – Free Report ) by 21.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 873 shares of the company’s stock after selling 235 shares during the quarter.
Townsquare Capital LLC’s holdings in RH were worth $344,000 at the end of the most recent reporting period. A number of other hedge funds also recently modified their holdings of RH. Versant Capital Management Inc increased its stake in RH by 7,000.
0% in the fourth 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. increased its position in RH by 125.8% in 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 grew its position in shares of 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 last quarter.
Rakuten Securities Inc. increased its position in RH by 180.0% during the 4th quarter.
Rakuten Securities Inc. now owns 112 shares of the company’s stock valued at $44,000 after purchasing an additional 72 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of RH during the fourth quarter worth $68,000.
Institutional investors own 90.17% of the company’s stock. Analyst Upgrades and Downgrades A number of analysts have commented on the stock.
UBS Group cut their price target on shares of RH from $250.00 to $235.00 and set a “neutral” rating on the stock in a research report on Thursday, April 3rd.
StockNews.com lowered RH from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Wells Fargo & Company dropped their price target on RH from $375.
00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, April 3rd. Guggenheim reduced their price objective on shares of RH from $500.
00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, April 3rd. Finally, The Goldman Sachs Group set a $276.
00 target price on shares of RH in a research report on Thursday, April 3rd. Three equities research 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. According to data from MarketBeat.
com, the company currently has a consensus rating of “Hold” and an average target price of $278.44. RH Stock Down 3.
2 % Shares of RH stock opened at $155.91 on Tuesday. The company has a market cap of $2.
92 billion, a PE ratio of 44.80, a price-to-earnings-growth 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. The business has a 50 day moving average price of $248.66 and a 200-day moving average price of $332.
45. RH ( NYSE:RH – Get Free Report ) last posted 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).
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 during the quarter, compared to the consensus estimate of $828.21 million.
During the same quarter in the previous year, the company earned $0.72 EPS. The business’s revenue was up 10.
0% compared to the same quarter last year. As a group, research analysts anticipate that RH will post 4.39 EPS for the current year.
RH Company Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding RH? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for RH ( NYSE:RH – Free Report ). Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter .
.
