Aquatic Capital Management LLC Acquires 34,990 Shares of RH (NYSE:RH)

Aquatic Capital Management LLC lifted its holdings in RH (NYSE:RH - Free Report) by 221.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,790 shares of the company's stock after buying an additional 34,990 shares during the period. Aquatic Capital Management LLC owned about 0.27% of RH worth $19,990,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of RH. PNC Financial Services Group Inc. boosted its position in RH by 0.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,872 shares of the company's stock valued at $1,524,000 after purchasing an additional 29 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in RH by 6.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 549 shares of the company's stock valued at $216,000 after purchasing an additional 31 shares during the last quarter. Insight Advisors LLC PA boosted its position in RH by 2.3% during the fourth quarter. Insight Advisors LLC PA now owns 1,449 shares of the company's stock valued at $571,000 after purchasing an additional 33 shares during the last quarter. US Bancorp DE boosted its position in RH by 14.6% during the fourth quarter. US Bancorp DE now owns 283 shares of the company's stock valued at $111,000 after purchasing an additional 36 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in RH by 125.8% during the fourth quarter. UMB Bank n.a. now owns 70 shares of the company's stock valued at $28,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Stock Up 0.1 %

RH traded up $0.11 during trading on Thursday, reaching $184.14. 598,149 shares of the company's stock were exchanged, compared to its average volume of 945,013. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26. The business has a 50 day moving average price of $221.67 and a 200 day moving average price of $325.50. The company has a market capitalization of $3.45 billion, a P/E ratio of 53.02, a PEG 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 analysts' consensus estimates of $1.91 by ($0.33). RH had a negative return on equity of 35.72% and a net margin of 2.25%. The business had revenue of $812.41 million for the quarter, compared to analyst estimates of $828.21 million. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm's quarterly revenue was up 10.0% on a year-over-year basis. As a group, research analysts forecast that RH will post 4.39 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on RH shares. Barclays cut their price objective on RH from $515.00 to $436.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Citigroup reissued a "neutral" rating and issued a $200.00 price target (down previously from $437.00) on shares of RH in a research report on Thursday, April 3rd. StockNews.com lowered shares of RH from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Morgan Stanley dropped their price target on shares of RH from $530.00 to $300.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Finally, Telsey Advisory Group dropped their price target on shares of RH from $420.00 to $280.00 and set an "outperform" rating on the stock in a research report on Thursday, April 3rd. Three analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $278.44.

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.