Susquehanna Fundamental Investments LLC Takes Position in RH (NYSE:RH)

Susquehanna Fundamental Investments LLC acquired a new stake in shares of RH (NYSE:RH - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,359 shares of the company's stock, valued at approximately $4,864,000. Susquehanna Fundamental Investments LLC owned 0.07% of RH at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. raised its holdings in 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 during the period. Versant Capital Management Inc raised its stake 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 valued at $28,000 after acquiring an additional 70 shares during the period. GAMMA Investing LLC lifted its holdings in shares of RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company's stock worth $30,000 after acquiring an additional 64 shares during the last quarter. Rakuten Securities Inc. boosted its stake in shares of RH by 180.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock worth $44,000 after purchasing an additional 72 shares during the period. Finally, Golden State Wealth Management LLC bought a new position in RH during the 4th quarter valued at about $68,000. 90.17% of the stock is owned by institutional investors.

RH Price Performance

NYSE:RH traded up $11.95 during mid-day trading on Friday, hitting $196.71. The company's stock had a trading volume of 1,525,873 shares, compared to its average volume of 950,163. The business's fifty day moving average is $218.44 and its two-hundred day moving average is $324.49. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 56.53, a PEG ratio of 2.65 and a beta of 2.44. RH has a 1 year low of $123.03 and a 1 year high of $457.26.

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

Analyst Ratings Changes

A number of research analysts have recently commented on RH shares. Morgan Stanley cut their target price on RH from $530.00 to $300.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Wedbush reduced their target price on RH from $500.00 to $350.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 26th. Robert W. Baird lowered their target price 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. StockNews.com lowered shares of RH from a "hold" rating to a "sell" rating in a report on Wednesday, March 19th. Finally, Barclays reduced their target price on shares of RH from $515.00 to $436.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, RH currently has an average rating of "Hold" and a consensus price target of $278.44.

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.