Broad Run Investment Management LLC Has $28.83 Million Position in RH (NYSE:RH)

Broad Run Investment Management LLC decreased its holdings in shares of RH (NYSE:RH - Free Report) by 23.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,240 shares of the company's stock after selling 22,011 shares during the period. RH makes up about 3.9% of Broad Run Investment Management LLC's holdings, making the stock its 12th biggest position. Broad Run Investment Management LLC owned approximately 0.39% of RH worth $28,827,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in RH by 7,000.0% in 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 during the last quarter. UMB Bank n.a. increased its position in shares of RH by 125.8% in the fourth 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 increased its position in shares of 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 buying an additional 64 shares in the last quarter. Rakuten Securities Inc. increased its position in shares of RH by 180.0% in the fourth 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 in the fourth quarter valued at $68,000. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Stock Down 0.1 %

Shares of RH traded down $0.17 during trading on Wednesday, reaching $184.43. The company's stock had a trading volume of 857,952 shares, compared to its average volume of 946,289. The company has a fifty day moving average of $224.79 and a two-hundred day moving average of $326.48. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 53.00, a P/E/G ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH - Get Free Report) last announced its earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.91 by ($0.33). The business had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The business's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 earnings per share. As a group, equities analysts forecast that RH will post 4.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Telsey Advisory Group dropped their price objective on RH from $420.00 to $280.00 and set an "outperform" rating for the company in a research report on Thursday, April 3rd. Stifel Nicolaus dropped their price objective on RH from $450.00 to $390.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Loop Capital dropped their price objective on RH from $450.00 to $190.00 and set a "hold" rating for the company in a research report on Friday, April 4th. UBS Group dropped their price objective on RH from $250.00 to $235.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Finally, Wells Fargo & Company dropped their price objective on RH from $375.00 to $300.00 and set an "overweight" rating for the company in a research 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.com, the company currently 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.