RH (NYSE:RH) is Anomaly Capital Management LP's 7th Largest Position

Anomaly Capital Management LP grew its stake in RH (NYSE:RH - Free Report) by 9.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 481,111 shares of the company's stock after purchasing an additional 41,986 shares during the period. RH comprises approximately 5.6% of Anomaly Capital Management LP's investment portfolio, making the stock its 7th largest holding. Anomaly Capital Management LP owned 2.59% of RH worth $189,360,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Versant Capital Management Inc lifted its position in shares of RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company's stock valued at $28,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. lifted 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 buying an additional 39 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of RH by 533.3% during the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company's stock valued at $30,000 after buying an additional 64 shares in the last quarter. Rakuten Securities Inc. lifted 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 buying an additional 72 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in shares of RH during the 4th quarter valued at approximately $68,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

RH Stock Up 0.8 %

Shares of RH stock traded up $1.41 during mid-day trading on Friday, hitting $185.76. The stock had a trading volume of 997,144 shares, compared to its average volume of 944,606. The firm has a 50-day moving average of $232.35 and a two-hundred day moving average of $328.50. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The firm has a market cap of $3.48 billion, a P/E ratio of 53.38, a price-to-earnings-growth ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $812.41 million during the quarter, compared to analysts' expectations of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The business's quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company earned $0.72 EPS. Sell-side analysts expect that RH will post 4.39 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. StockNews.com lowered RH from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. The Goldman Sachs Group set a $276.00 price objective on RH in a report on Thursday, April 3rd. Loop Capital decreased 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. Guggenheim decreased their price objective on RH from $500.00 to $300.00 and set a "buy" rating on the stock in a report on Thursday, April 3rd. Finally, Wells Fargo & Company decreased their price objective on RH from $375.00 to $300.00 and set an "overweight" rating on the stock 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 assigned a buy rating to the stock. According to data from MarketBeat, RH has an average rating of "Hold" and an average target price 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.