Landscape Capital Management L.L.C. cut its position in shares of RH (NYSE:RH – Free Report) by 84.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 964 shares of the company’s stock after selling 5,310 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in RH were worth $226,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of RH. AlphaQuest LLC acquired a new position in RH during the first quarter worth $29,000. Sunbelt Securities Inc. raised its holdings in shares of RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock worth $31,000 after acquiring an additional 69 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of RH by 146.1% in the first quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after acquiring an additional 111 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of RH in the first quarter worth $45,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of RH by 100.6% in the first quarter. Golden State Wealth Management LLC now owns 347 shares of the company’s stock worth $81,000 after acquiring an additional 174 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.
RH Stock Down 1.7%
Shares of NYSE:RH opened at $225.44 on Tuesday. The company has a market cap of $4.22 billion, a P/E ratio of 53.68, a P/E/G ratio of 0.65 and a beta of 2.15. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The business has a fifty day simple moving average of $212.06 and a 200-day simple moving average of $215.39.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on RH shares. UBS Group cut their price target on RH from $235.00 to $215.00 and set a “neutral” rating for the company in a report on Thursday, June 5th. Bank of America boosted their price target on RH from $144.00 to $172.00 and gave the stock an “underperform” rating in a report on Wednesday, May 14th. Robert W. Baird boosted their price target on RH from $215.00 to $230.00 and gave the stock a “neutral” rating in a report on Monday, June 16th. Wall Street Zen raised RH from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd. Finally, The Goldman Sachs Group cut RH from a “neutral” rating to a “sell” rating and cut their price target for the stock from $199.00 to $179.00 in a report on Tuesday, June 24th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $270.35.
View Our Latest Research Report on RH
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.
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