RH (NYSE:RH) Insider Eri Chaya Sells 10,000 Shares

RH (NYSE:RH) insider Eri Chaya sold 10,000 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $416.27, for a total transaction of $4,162,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

RH Trading Down 2.8 %

RH stock traded down $11.52 during midday trading on Tuesday, reaching $403.44. 397,465 shares of the company’s stock traded hands, compared to its average volume of 395,641. The stock’s 50-day moving average is $370.35 and its 200 day moving average is $314.41. The stock has a market cap of $7.51 billion, a P/E ratio of 115.93, a PEG ratio of 2.73 and a beta of 2.43. RH has a 52-week low of $212.43 and a 52-week high of $457.26.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, December 12th. The company reported $2.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.67 by ($0.19). The company had revenue of $811.73 million for the quarter, compared to analysts’ expectations of $812.19 million. RH had a net margin of 2.25% and a negative return on equity of 32.76%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.42) earnings per share. As a group, research analysts expect that RH will post 5.63 EPS for the current fiscal year.

Institutional Trading of RH

Several hedge funds have recently bought and sold shares of RH. Anomaly Capital Management LP raised its stake in RH by 503.6% during the second quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock valued at $85,365,000 after purchasing an additional 291,368 shares in the last quarter. Two Sigma Advisers LP raised its position in shares of RH by 141.5% during the 3rd quarter. Two Sigma Advisers LP now owns 159,600 shares of the company’s stock valued at $53,375,000 after buying an additional 93,500 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of RH by 58.6% in the 2nd quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock valued at $42,612,000 after acquiring an additional 64,423 shares during the last quarter. Victory Capital Management Inc. grew its position in RH by 77.0% in the second quarter. Victory Capital Management Inc. now owns 128,711 shares of the company’s stock worth $31,462,000 after acquiring an additional 55,999 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in RH by 18.0% during the second quarter. Dimensional Fund Advisors LP now owns 270,993 shares of the company’s stock worth $66,239,000 after acquiring an additional 41,242 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on RH shares. Bank of America boosted their price objective on shares of RH from $310.00 to $359.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Wedbush reiterated an “outperform” rating and issued a $500.00 price objective on shares of RH in a report on Monday. StockNews.com lowered RH from a “hold” rating to a “sell” rating in a research report on Saturday, December 21st. Loop Capital upped their target price on RH from $320.00 to $450.00 and gave the company a “hold” rating in a report on Monday, December 16th. Finally, Morgan Stanley boosted their price objective on shares of RH from $310.00 to $435.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $402.40.

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.