Sender Co & Partners Inc. Purchases 3,144 Shares of RH (NYSE:RH)

Sender Co & Partners Inc. increased its position in RH (NYSE:RH) by 283.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,252 shares of the company’s stock after acquiring an additional 3,144 shares during the quarter. RH makes up about 1.5% of Sender Co & Partners Inc.’s holdings, making the stock its 18th biggest holding. Sender Co & Partners Inc.’s holdings in RH were worth $1,674,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of RH. Grassi Investment Management bought a new stake in shares of RH in the 4th quarter worth approximately $236,000. Miracle Mile Advisors LLC purchased a new stake in RH during the 4th quarter valued at about $240,000. Gateway Investment Advisers LLC purchased a new stake in shares of RH during the 4th quarter valued at about $3,570,000. Shelton Wealth Management LLC purchased a new stake in shares of RH during the 4th quarter valued at about $1,695,000. Finally, Artemis Investment Management LLP bought a new position in shares of RH in the 4th quarter worth approximately $31,384,000. 90.17% of the stock is currently owned by institutional investors.

RH Trading Down 3.9%

Shares of NYSE:RH opened at $209.49 on Friday. The business has a 50-day moving average price of $198.31 and a 200 day moving average price of $314.51. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 60.20, a PEG ratio of 2.65 and a beta of 2.36. RH has a 12-month low of $123.03 and a 12-month high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 earnings per share. As a group, equities research analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RH has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of RH from $510.00 to $250.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Telsey Advisory Group reduced their price objective 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. The Goldman Sachs Group reduced their price target on shares of RH from $276.00 to $194.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. Citigroup restated 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. Finally, Loop Capital cut their price objective on shares of RH from $450.00 to $190.00 and set a “hold” rating on the stock in a research report on Friday, April 4th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $275.94.

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.