RH (NYSE:RH) Shares Sold by Duality Advisers LP

Duality Advisers LP lowered its position in shares of RH (NYSE:RH - Free Report) by 84.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 835 shares of the company's stock after selling 4,385 shares during the period. Duality Advisers LP's holdings in RH were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of RH. Oak Thistle LLC acquired a new position in RH in the third quarter valued at $380,000. Handelsbanken Fonder AB boosted its stake in RH by 56.2% in the third quarter. Handelsbanken Fonder AB now owns 4,296 shares of the company's stock valued at $1,136,000 after acquiring an additional 1,545 shares in the last quarter. Raymond James & Associates boosted its stake in RH by 3.1% in the third quarter. Raymond James & Associates now owns 9,095 shares of the company's stock valued at $2,404,000 after acquiring an additional 274 shares in the last quarter. Solstein Capital LLC acquired a new position in RH in the third quarter valued at $53,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in RH by 19.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,098 shares of the company's stock valued at $819,000 after acquiring an additional 509 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Stock Up 2.3 %

NYSE RH traded up $5.54 during trading hours on Friday, hitting $248.91. 478,529 shares of the stock were exchanged, compared to its average volume of 871,733. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 44.69, a price-to-earnings-growth ratio of 2.68 and a beta of 2.46. RH has a 12-month low of $207.26 and a 12-month high of $406.38. The stock has a 50-day moving average of $275.85 and a 200 day moving average of $267.13.

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

Insider Buying and Selling at RH

In other RH news, Director Mark S. Demilio sold 1,000 shares of the stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $288.99, for a total value of $288,990.00. Following the completion of the transaction, the director now directly owns 11,991 shares of the company's stock, valued at $3,465,279.09. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, Director Mark S. Demilio sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $288.99, for a total transaction of $288,990.00. Following the completion of the transaction, 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 filing with the SEC, which is available at the SEC website. Also, Director Mark S. Demilio sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $308.22, for a total transaction of $616,440.00. Following the transaction, 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. 23.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on RH shares. Barclays increased their target price on shares of RH from $293.00 to $340.00 and gave the stock an "equal weight" rating in a research note on Monday, April 1st. Wedbush increased their target price on shares of RH from $275.00 to $320.00 and gave the stock a "neutral" rating in a research note on Thursday, March 28th. The Goldman Sachs Group increased their target price on shares of RH from $201.00 to $264.00 and gave the stock a "sell" rating in a research note on Monday, April 1st. Telsey Advisory Group reiterated 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, Wells Fargo & Company increased their target price on shares of RH from $350.00 to $360.00 and gave the stock an "overweight" rating in a research note on Thursday, March 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $332.15.

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.