Sender Co & Partners Inc. Has $1.67 Million Stock Position in RH (NYSE:RH)

Sender Co & Partners Inc. raised its stake in shares of RH (NYSE:RH - Free Report) by 283.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,252 shares of the company's stock after buying an additional 3,144 shares during the period. RH makes up 1.5% of Sender Co & Partners Inc.'s portfolio, making the stock its 18th biggest position. Sender Co & Partners Inc.'s holdings in RH were worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of RH. UMB Bank n.a. boosted its position in shares of RH by 125.8% during the 4th quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after purchasing an additional 39 shares in the last quarter. Rakuten Securities Inc. boosted its position in shares of RH by 180.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock valued at $44,000 after purchasing an additional 72 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of RH during the 4th quarter valued at about $68,000. Pingora Partners LLC bought a new position in shares of RH during the 4th quarter valued at about $79,000. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of RH during the 4th quarter valued at about $80,000. Institutional investors and hedge funds own 90.17% of the company's stock.

Wall Street Analyst Weigh In

RH has been the subject of several research reports. Guggenheim reduced their price objective on shares of RH from $500.00 to $300.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. The Goldman Sachs Group decreased their target price on shares of RH from $276.00 to $194.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Loop Capital decreased their target price on shares of RH from $450.00 to $190.00 and set a "hold" rating for the company in a report on Friday, April 4th. Telsey Advisory Group decreased their target price on shares of RH from $420.00 to $280.00 and set an "outperform" rating for the company in a report on Thursday, April 3rd. Finally, Wells Fargo & Company decreased their target price on shares of RH from $375.00 to $300.00 and set an "overweight" rating for the company in a report on Thursday, April 3rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $275.94.

RH Price Performance

RH traded up $3.63 during midday trading on Tuesday, hitting $207.54. 879,958 shares of the company's stock traded hands, compared to its average volume of 974,929. The company has a market cap of $3.89 billion, a PE ratio of 59.64, a price-to-earnings-growth ratio of 2.65 and a beta of 2.36. The stock's fifty day simple moving average is $197.57 and its 200-day simple moving average is $313.61. RH has a one year low of $123.03 and a one year high of $457.26.

RH (NYSE:RH - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $812.41 million for the quarter, compared to the consensus estimate of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. RH's revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. On average, research analysts expect that RH will post 4.39 EPS for the current year.

About RH

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.