Deutsche Bank AG Has $3.73 Million Stock Position in RH (NYSE:RH)

Deutsche Bank AG increased its holdings in shares of RH (NYSE:RH - Free Report) by 607.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,464 shares of the company's stock after purchasing an additional 8,127 shares during the period. Deutsche Bank AG owned approximately 0.05% of RH worth $3,725,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in RH by 0.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,872 shares of the company's stock valued at $1,524,000 after acquiring an additional 29 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in RH by 6.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 549 shares of the company's stock valued at $216,000 after acquiring an additional 31 shares in the last quarter. Insight Advisors LLC PA raised its holdings in RH by 2.3% in the 4th quarter. Insight Advisors LLC PA now owns 1,449 shares of the company's stock valued at $571,000 after acquiring an additional 33 shares in the last quarter. US Bancorp DE raised its holdings in RH by 14.6% in the 4th quarter. US Bancorp DE now owns 283 shares of the company's stock valued at $111,000 after acquiring an additional 36 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings 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 in the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Stock Performance

RH traded down $2.16 during mid-day trading on Friday, reaching $185.10. The stock had a trading volume of 936,228 shares, compared to its average volume of 978,368. The stock has a market capitalization of $3.47 billion, a P/E ratio of 53.19, a P/E/G ratio of 2.65 and a beta of 2.36. The firm's fifty day simple moving average is $196.05 and its two-hundred day simple moving average is $311.08. RH has a 52 week low of $123.03 and a 52 week high of $457.26.

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 the consensus estimate of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The firm's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.72 earnings per share. As a group, analysts expect that RH will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on RH shares. Bank of America upped their price objective on RH from $144.00 to $172.00 and gave the company an "underperform" rating in a research note on Wednesday, May 14th. Citigroup reiterated a "neutral" rating and issued a $200.00 price objective (down from $437.00) on shares of RH in a research note on Thursday, April 3rd. Stifel Nicolaus lowered their price objective on RH from $450.00 to $390.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. UBS Group lowered their price objective on RH from $250.00 to $235.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Finally, Robert W. Baird lowered their price objective on RH from $400.00 to $215.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, RH presently has an average rating of "Hold" and a consensus price target of $275.94.

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.