2,175 Shares in RH (NYSE:RH) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas bought a new position in RH (NYSE:RH - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 2,175 shares of the company's stock, valued at approximately $510,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of RH. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in RH by 12.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,883 shares of the company's stock valued at $1,528,000 after acquiring an additional 426 shares during the period. Swiss National Bank boosted its holdings in RH by 1.0% during the 4th quarter. Swiss National Bank now owns 29,130 shares of the company's stock valued at $11,465,000 after acquiring an additional 300 shares during the period. Corient Private Wealth LLC boosted its holdings in RH by 79.4% during the 4th quarter. Corient Private Wealth LLC now owns 1,442 shares of the company's stock valued at $568,000 after acquiring an additional 638 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in RH during the 4th quarter valued at $290,000. Finally, Xponance Inc. boosted its holdings in RH by 5.0% during the 4th quarter. Xponance Inc. now owns 1,987 shares of the company's stock valued at $782,000 after acquiring an additional 95 shares during the period. Hedge funds and other institutional investors own 90.17% of the company's stock.

RH Stock Performance

NYSE:RH traded down $1.03 during mid-day trading on Friday, hitting $195.73. 677,381 shares of the company's stock traded hands, compared to its average volume of 1,056,843. The company has a fifty day moving average of $193.68 and a 200 day moving average of $260.67. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The company has a market capitalization of $3.67 billion, a P/E ratio of 46.60, a P/E/G ratio of 0.55 and a beta of 2.17.

RH (NYSE:RH - Get Free Report) last posted its quarterly 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 negative return on equity of 67.71% and a net margin of 2.57%. The business had revenue of $813.95 million for the quarter, compared to the consensus estimate of $817.66 million. During the same quarter in the previous year, the business earned ($0.40) EPS. The company's quarterly revenue was up 12.0% compared to the same quarter last year. On average, research analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

RH has been the subject of a number of research analyst reports. Zelman & Associates decreased their target price on RH from $305.00 to $251.00 and set an "outperform" rating for the company in a research report on Wednesday, July 9th. Loop Capital decreased their target price on RH from $450.00 to $190.00 and set a "hold" rating for the company in a research report on Friday, April 4th. Barclays decreased their target price on RH from $515.00 to $436.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. Stifel Nicolaus reduced their price target on RH from $450.00 to $390.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Finally, Bank of America boosted their price target on RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 14th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, RH presently has a consensus rating of "Hold" and an average target price of $270.35.

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.