RH (NYSE:RH) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in RH (NYSE:RH - Free Report) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,378 shares of the company's stock after buying an additional 4,643 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of RH worth $14,318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of RH. Janney Montgomery Scott LLC grew its stake in shares of RH by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,356 shares of the company's stock valued at $534,000 after buying an additional 52 shares during the last quarter. KBC Group NV boosted its holdings in RH by 47.4% during the 4th quarter. KBC Group NV now owns 669 shares of the company's stock valued at $263,000 after acquiring an additional 215 shares during the period. R Squared Ltd bought a new position in RH in the 4th quarter valued at $130,000. Spire Wealth Management bought a new position in RH in the 4th quarter valued at $80,000. Finally, Retirement Systems of Alabama increased its stake in RH by 0.3% in the fourth quarter. Retirement Systems of Alabama now owns 18,204 shares of the company's stock worth $7,165,000 after purchasing an additional 55 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Trading Up 5.7%

Shares of RH stock traded up $9.59 during trading hours on Tuesday, reaching $177.05. 1,108,228 shares of the company's stock were exchanged, compared to its average volume of 988,944. RH has a 1 year low of $123.03 and a 1 year high of $457.26. The stock has a market cap of $3.32 billion, a PE ratio of 50.88, a PEG ratio of 2.65 and a beta of 2.36. The stock's fifty day moving average price is $186.55 and its two-hundred day moving average price is $302.84.

RH (NYSE:RH - Get Free Report) last released its earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.33). The company had revenue of $812.41 million for the quarter, compared to analysts' expectations of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The firm's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 EPS. On average, equities analysts expect that RH will post 4.39 EPS for the current fiscal year.

Analysts Set New Price Targets

RH has been the subject of a number of recent analyst reports. 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. Loop Capital lowered their price objective on shares of RH from $450.00 to $190.00 and set a "hold" rating for the company in a research report on Friday, April 4th. JPMorgan Chase & Co. reduced their target price on shares of RH from $510.00 to $250.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Citigroup reiterated a "neutral" rating and issued a $200.00 price target (down previously from $437.00) on shares of RH in a report on Thursday, April 3rd. Finally, Wells Fargo & Company dropped their price objective on RH from $375.00 to $300.00 and set an "overweight" 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 given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $275.94.

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.