RH (NYSE:RH) Stock Holdings Raised by Blair William & Co. IL

Blair William & Co. IL lifted its stake in shares of RH (NYSE:RH) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,327 shares of the company’s stock after purchasing an additional 287 shares during the period. Blair William & Co. IL owned about 0.08% of RH worth $3,747,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RH. Creekmur Asset Management LLC bought a new stake in RH during the fourth quarter valued at $25,000. Quest Partners LLC bought a new position in shares of RH in the 4th quarter worth about $37,000. Hollencrest Capital Management acquired a new position in shares of RH in the 1st quarter valued at about $47,000. Ridgewood Investments LLC bought a new stake in shares of RH during the 2nd quarter valued at about $62,000. Finally, Tradition Wealth Management LLC raised its stake in RH by 14.8% during the fourth quarter. Tradition Wealth Management LLC now owns 350 shares of the company’s stock worth $102,000 after acquiring an additional 45 shares during the period. 90.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Gary G. Friedman acquired 34,200 shares of the business’s stock in a transaction dated Tuesday, June 25th. The stock was bought at an average price of $215.00 per share, for a total transaction of $7,353,000.00. Following the transaction, the chief executive officer now owns 3,339,263 shares of the company’s stock, valued at $717,941,545. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Gary G. Friedman purchased 34,200 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The shares were purchased at an average price of $215.00 per share, with a total value of $7,353,000.00. Following the purchase, the chief executive officer now owns 3,339,263 shares of the company’s stock, valued at approximately $717,941,545. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark S. Demilio sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $340.30, for a total transaction of $680,600.00. Following the sale, the director now directly owns 10,914 shares of the company’s stock, valued at $3,714,034.20. The disclosure for this sale can be found here. 28.10% of the stock is owned by company insiders.

RH Price Performance

RH stock opened at $344.28 on Monday. RH has a 12-month low of $207.26 and a 12-month high of $354.86. The stock has a market capitalization of $6.35 billion, a PE ratio of 95.37, a price-to-earnings-growth ratio of 1.70 and a beta of 2.42. The firm has a 50 day simple moving average of $272.03 and a 200-day simple moving average of $268.64.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, September 12th. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.13. The company had revenue of $829.66 million for the quarter, compared to analysts’ expectations of $824.52 million. RH had a negative return on equity of 11.29% and a net margin of 1.13%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the firm earned $3.93 EPS. On average, analysts forecast that RH will post 6.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Barclays lowered their target price on RH from $340.00 to $320.00 and set an “equal weight” rating for the company in a report on Monday, September 16th. StockNews.com raised RH to a “sell” rating in a research report on Thursday. Robert W. Baird boosted their price target on shares of RH from $275.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, September 13th. Stifel Nicolaus upped their price target on shares of RH from $315.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, September 16th. Finally, Bank of America lifted their price objective on shares of RH from $310.00 to $359.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, RH currently has a consensus rating of “Hold” and a consensus target price of $322.54.

About RH

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.