RH (NYSE:RH) Shares Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP raised its stake in shares of RH (NYSE:RH - Free Report) by 49.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,696 shares of the company's stock after purchasing an additional 2,214 shares during the period. Brevan Howard Capital Management LP's holdings in RH were worth $2,635,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in shares of RH by 7,000.0% in the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company's stock worth $28,000 after buying an additional 70 shares during the period. GAMMA Investing LLC grew its position in RH by 533.3% in the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company's stock valued at $30,000 after acquiring an additional 64 shares in the last quarter. Grassi Investment Management acquired a new stake in RH in the fourth quarter valued at approximately $236,000. Miracle Mile Advisors LLC purchased a new stake in shares of RH during the fourth quarter valued at approximately $240,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of RH during the fourth quarter worth $294,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Guggenheim cut their price objective on shares of RH from $500.00 to $300.00 and set a "buy" rating on the stock in a report on Thursday, April 3rd. Bank of America downgraded RH from a "buy" rating to an "underperform" rating and reduced their price target for the company from $410.00 to $130.00 in a report on Thursday, April 3rd. Loop Capital dropped their price objective on RH from $450.00 to $190.00 and set a "hold" rating on the stock in a report on Friday, April 4th. StockNews.com cut RH from a "hold" rating to a "sell" rating in a research note on Wednesday, March 19th. Finally, Robert W. Baird dropped their price target on shares of RH from $400.00 to $215.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $273.31.

RH Stock Down 5.2 %

RH stock opened at $186.39 on Tuesday. The stock has a market cap of $3.49 billion, a PE ratio of 53.56, a price-to-earnings-growth ratio of 2.65 and a beta of 2.36. The firm's 50-day simple moving average is $212.04 and its 200 day simple moving average is $321.99. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26.

RH (NYSE:RH - Get Free Report) last released its quarterly earnings results 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 business had revenue of $812.41 million for the quarter, compared to the consensus estimate of $828.21 million. During the same period last year, the firm posted $0.72 EPS. The business's quarterly revenue was up 10.0% on a year-over-year basis. Equities analysts forecast that RH will post 4.39 EPS for the current fiscal year.

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.

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