RBF Capital LLC Invests $1.57 Million in RH (NYSE:RH)

RBF Capital LLC purchased a new position in RH (NYSE:RH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,000 shares of the company's stock, valued at approximately $1,574,000.

Several other large investors have also bought and sold shares of the company. Versant Capital Management Inc lifted its holdings in shares of RH by 7,000.0% during the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after purchasing an additional 70 shares in the last quarter. UMB Bank n.a. increased its stake in shares of RH by 125.8% in the 4th quarter. UMB Bank n.a. now owns 70 shares of the company's stock worth $28,000 after purchasing an additional 39 shares in the last quarter. GAMMA Investing LLC increased its position in RH by 533.3% in the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company's stock worth $30,000 after buying an additional 64 shares in the last quarter. Rakuten Securities Inc. raised its stake in RH by 180.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock worth $44,000 after acquiring an additional 72 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in shares of RH during the 4th quarter valued at $68,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Stock Performance

RH stock traded down $4.49 on Monday, hitting $181.00. 290,294 shares of the company's stock were exchanged, compared to its average volume of 1,390,122. The firm has a 50 day moving average price of $232.35 and a two-hundred day moving average price of $328.50. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The stock has a market cap of $3.39 billion, a P/E ratio of 52.01, a price-to-earnings-growth ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 2nd. The company reported $1.58 earnings per share for the quarter, missing analysts' consensus estimates of $1.91 by ($0.33). RH had a net margin of 2.25% and a negative return on equity of 35.72%. The company had revenue of $812.41 million for the quarter, compared to analysts' expectations of $828.21 million. During the same period last year, the firm earned $0.72 earnings per share. RH's quarterly revenue was up 10.0% compared to the same quarter last year. Sell-side analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on RH. Citigroup reissued a "neutral" rating and set a $200.00 target price (down previously from $437.00) on shares of RH in a research note on Thursday, April 3rd. Loop Capital lowered 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. Robert W. Baird cut their price objective on shares of RH from $400.00 to $215.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Wells Fargo & Company cut their price objective on RH from $375.00 to $300.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Finally, UBS Group reduced their target price on shares of RH from $250.00 to $235.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $278.44.

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.