RH (NYSE:RH) Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC cut its stake in RH (NYSE:RH - Free Report) by 52.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,590 shares of the company's stock after selling 10,570 shares during the quarter. Lisanti Capital Growth LLC owned approximately 0.05% of RH worth $2,248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RH. LPL Financial LLC lifted its stake in RH by 61.3% in the 4th quarter. LPL Financial LLC now owns 9,141 shares of the company's stock worth $3,598,000 after purchasing an additional 3,473 shares in the last quarter. Deutsche Bank AG lifted its stake in RH by 607.9% in the 4th quarter. Deutsche Bank AG now owns 9,464 shares of the company's stock worth $3,725,000 after purchasing an additional 8,127 shares in the last quarter. Sterling Capital Management LLC lifted its stake in RH by 49.7% in the 4th quarter. Sterling Capital Management LLC now owns 762 shares of the company's stock worth $300,000 after purchasing an additional 253 shares in the last quarter. Victory Capital Management Inc. lifted its stake in RH by 0.9% in the 4th quarter. Victory Capital Management Inc. now owns 50,684 shares of the company's stock worth $19,949,000 after purchasing an additional 445 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in RH by 16.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,257 shares of the company's stock worth $888,000 after purchasing an additional 314 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Trading Down 1.1%

RH stock traded down $2.07 during trading on Friday, hitting $190.97. The company had a trading volume of 1,356,580 shares, compared to its average volume of 1,032,648. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The company's 50 day simple moving average is $188.76 and its 200-day simple moving average is $279.58. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 45.47, a price-to-earnings-growth ratio of 0.54 and a beta of 2.19.

RH (NYSE:RH - Get Free Report) last posted its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.20. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The firm had revenue of $813.95 million during the quarter, compared to the consensus estimate of $817.66 million. During the same quarter last year, the firm earned ($0.40) EPS. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts forecast that RH will post 4.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RH has been the topic of a number of research reports. Morgan Stanley decreased their target price on shares of RH from $530.00 to $300.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Wedbush decreased their target price on shares of RH from $500.00 to $350.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 26th. Wall Street Zen raised shares of RH from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Loop Capital decreased their target price on shares of RH from $450.00 to $190.00 and set a "hold" rating on the stock in a research note on Friday, April 4th. Finally, Stifel Nicolaus decreased their target price on shares of RH from $450.00 to $390.00 and set a "buy" rating on the stock in a research note on Monday, April 7th. Three investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $271.56.

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.