RH (NYSE:RH) Shares Purchased by Boothbay Fund Management LLC

Boothbay Fund Management LLC boosted its holdings in shares of RH (NYSE:RH - Free Report) by 1,023.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,036 shares of the company's stock after acquiring an additional 13,698 shares during the quarter. Boothbay Fund Management LLC owned 0.08% of RH worth $5,918,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in RH by 0.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,872 shares of the company's stock valued at $1,524,000 after purchasing an additional 29 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in RH by 6.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 549 shares of the company's stock valued at $216,000 after purchasing an additional 31 shares in the last quarter. Insight Advisors LLC PA raised its position in RH by 2.3% during the 4th quarter. Insight Advisors LLC PA now owns 1,449 shares of the company's stock valued at $571,000 after purchasing an additional 33 shares in the last quarter. US Bancorp DE raised its position in RH by 14.6% during the 4th quarter. US Bancorp DE now owns 283 shares of the company's stock valued at $111,000 after purchasing an additional 36 shares in the last quarter. Finally, UMB Bank n.a. raised its position in 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 purchasing an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on RH. Wells Fargo & Company reduced their price target on RH from $375.00 to $300.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. UBS Group lowered their target price on shares of RH from $250.00 to $235.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Stifel Nicolaus lowered their target price on shares of RH from $450.00 to $390.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Guggenheim lowered their target price on shares of RH from $500.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Finally, Citigroup reiterated a "neutral" rating and issued a $200.00 target price (down from $437.00) on shares of RH in a research note on Thursday, April 3rd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. 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 0.1 %

RH traded down $0.17 on Wednesday, reaching $184.43. The company had a trading volume of 857,952 shares, compared to its average volume of 946,289. The stock has a 50-day moving average price of $224.79 and a 200-day moving average price of $326.48. RH has a 1 year low of $123.03 and a 1 year high of $457.26. The stock has a market capitalization of $3.45 billion, a PE ratio of 53.00, a P/E/G ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 2nd. The company reported $1.58 EPS for the quarter, missing analysts' consensus estimates of $1.91 by ($0.33). The firm had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. RH's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

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.