Ogorek Anthony Joseph NY ADV Has $31,000 Stock Position in RH (NYSE:RH)

Ogorek Anthony Joseph NY ADV cut its holdings in shares of RH (NYSE:RH) by 26.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80 shares of the company’s stock after selling 29 shares during the period. Ogorek Anthony Joseph NY ADV’s holdings in RH were worth $31,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. UMB Bank n.a. grew its position 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. Versant Capital Management Inc lifted its stake in RH by 7,000.0% in the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock worth $28,000 after purchasing an additional 70 shares in the last quarter. GAMMA Investing LLC raised its holdings 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 acquiring an additional 64 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of RH by 308.3% in the 3rd quarter. Blue Trust Inc. now owns 98 shares of the company’s stock worth $33,000 after buying an additional 74 shares during the last quarter. Finally, Spire Wealth Management purchased a new stake in RH in the fourth quarter worth approximately $80,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Loop Capital increased their target price on RH from $320.00 to $450.00 and gave the company a “hold” rating in a report on Monday, December 16th. Robert W. Baird raised their target price on RH from $300.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Morgan Stanley raised RH from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $435.00 to $530.00 in a research report on Monday, January 13th. Guggenheim increased their price objective on RH from $425.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and boosted their target price for the company from $261.00 to $374.00 in a research note on Thursday. Two analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $431.60.

RH Stock Down 3.1 %

RH stock opened at $419.70 on Monday. The stock’s 50 day moving average is $407.01 and its 200 day moving average is $337.93. The company has a market capitalization of $7.81 billion, a P/E ratio of 120.60, a PEG ratio of 9.60 and a beta of 2.42. RH has a twelve month low of $212.43 and a twelve month high of $457.26.

RH (NYSE:RH) last released its earnings results on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.19). The company had revenue of $811.73 million during the quarter, compared to analysts’ expectations of $812.19 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.42) earnings per share. As a group, equities analysts expect that RH will post 4.37 EPS for the current year.

Insider Buying and Selling at RH

In other RH news, insider Eri Chaya sold 25,000 shares of RH stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $426.41, for a total value of $10,660,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Edward T. Lee sold 600 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $446.73, for a total value of $268,038.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,880 shares of company stock worth $29,129,879. 28.10% of the stock is owned by corporate insiders.

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.