Blair William & Co. IL Grows Position in RH (NYSE:RH)

Blair William & Co. IL grew its holdings in shares of RH (NYSE:RH) by 5.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,014 shares of the company’s stock after purchasing an additional 825 shares during the quarter. Blair William & Co. IL owned about 0.09% of RH worth $6,303,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of RH. Versant Capital Management Inc lifted its stake in shares of RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock valued at $28,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. lifted its position in shares of RH by 125.8% during the fourth quarter. UMB Bank n.a. now owns 70 shares of the company’s stock worth $28,000 after acquiring an additional 39 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of RH by 533.3% in the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares during the period. Rakuten Securities Inc. grew 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 purchasing an additional 72 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of RH during the 4th quarter valued at $68,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Citigroup cut their target price on RH from $556.00 to $437.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Morgan Stanley upgraded shares of RH from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $435.00 to $530.00 in a research report on Monday, January 13th. StockNews.com lowered shares of RH from a “hold” rating to a “sell” rating in a report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of RH from a “sell” rating to a “neutral” rating and increased their target price for the stock from $261.00 to $374.00 in a research note on Thursday, January 30th. Finally, Stifel Nicolaus boosted their price target on shares of RH from $420.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $403.25.

Insider Buying and Selling at RH

In other RH news, Director Keith Belling sold 500 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $417.85, for a total transaction of $208,925.00. Following the completion of the sale, the director now directly owns 4,970 shares in the company, valued at $2,076,714.50. This represents a 9.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Eri Chaya sold 25,000 shares of RH stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $450.45, for a total value of $11,261,250.00. The disclosure for this sale can be found here. Insiders have sold 66,380 shares of company stock worth $28,922,379 over the last ninety days. Insiders own 28.10% of the company’s stock.

RH Trading Down 2.9 %

Shares of RH stock opened at $236.26 on Monday. The business’s 50-day moving average price is $335.63 and its 200-day moving average price is $352.36. The firm has a market capitalization of $4.40 billion, a PE ratio of 67.89, a price-to-earnings-growth ratio of 2.65 and a beta of 2.50. RH has a 12 month low of $212.04 and a 12 month high of $457.26.

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.