International Assets Investment Management LLC Acquires 17,990 Shares of RH (NYSE:RH)

International Assets Investment Management LLC boosted its stake in shares of RH (NYSE:RH - Free Report) by 21,939.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,072 shares of the company's stock after purchasing an additional 17,990 shares during the quarter. International Assets Investment Management LLC owned approximately 0.10% of RH worth $5,268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of RH in the third quarter worth $30,000. KB Financial Partners LLC grew its stake in shares of RH by 61.6% in the first quarter. KB Financial Partners LLC now owns 118 shares of the company's stock worth $38,000 after purchasing an additional 45 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of RH by 120.3% in the fourth quarter. Global Retirement Partners LLC now owns 141 shares of the company's stock worth $41,000 after purchasing an additional 77 shares in the last quarter. Core Wealth Advisors Inc. bought a new position in shares of RH in the third quarter worth $51,000. Finally, Solstein Capital LLC bought a new position in shares of RH in the third quarter worth $53,000. Institutional investors and hedge funds own 90.17% of the company's stock.

Insider Buying and Selling

In related news, Director Mark S. Demilio sold 1,000 shares of the stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $288.99, for a total value of $288,990.00. Following the completion of the sale, the director now directly owns 11,991 shares of the company's stock, valued at approximately $3,465,279.09. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Mark S. Demilio sold 1,000 shares of the stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $288.99, for a total value of $288,990.00. Following the completion of the sale, the director now directly owns 11,991 shares of the company's stock, valued at approximately $3,465,279.09. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $308.22, for a total value of $616,440.00. Following the completion of the sale, the director now directly owns 12,991 shares of the company's stock, valued at $4,004,086.02. The disclosure for this sale can be found here. Company insiders own 23.90% of the company's stock.

RH Stock Down 3.3 %

Shares of NYSE RH traded down $8.25 during mid-day trading on Tuesday, hitting $243.27. 1,135,966 shares of the company traded hands, compared to its average volume of 698,269. RH has a 1 year low of $207.26 and a 1 year high of $406.38. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 43.68, a PEG ratio of 2.81 and a beta of 2.46. The business has a 50 day moving average of $279.16 and a two-hundred day moving average of $267.59.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Wednesday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by ($0.99). The business had revenue of $738.26 million during the quarter, compared to analysts' expectations of $777.50 million. RH had a negative return on equity of 777.61% and a net margin of 4.21%. The firm's revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.88 earnings per share. As a group, research analysts anticipate that RH will post 9.08 EPS for the current year.

Wall Street Analysts Forecast Growth

RH has been the subject of several recent analyst reports. Wells Fargo & Company increased their price target on RH from $350.00 to $360.00 and gave the stock an "overweight" rating in a research note on Thursday, March 28th. JPMorgan Chase & Co. raised their target price on RH from $329.00 to $345.00 and gave the company an "overweight" rating in a research note on Thursday, March 28th. The Goldman Sachs Group raised their target price on RH from $201.00 to $264.00 and gave the company a "sell" rating in a research note on Monday, April 1st. Telsey Advisory Group reaffirmed a "market perform" rating and set a $335.00 target price (up previously from $285.00) on shares of RH in a research note on Tuesday, March 26th. Finally, Oppenheimer reaffirmed a "market perform" rating on shares of RH in a research note on Monday, April 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $332.15.

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.