8,350 RH $RH Shares Sold by Integrated Financial Solutions Inc.

Integrated Financial Solutions Inc. decreased its holdings in shares of RH (NYSE:RH) by 47.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,245 shares of the company’s stock after selling 8,350 shares during the quarter. RH makes up approximately 0.6% of Integrated Financial Solutions Inc.’s holdings, making the stock its 19th biggest holding. Integrated Financial Solutions Inc.’s holdings in RH were worth $1,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of RH. Sequoia Financial Advisors LLC boosted its position in RH by 7.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,800 shares of the company’s stock valued at $2,438,000 after purchasing an additional 967 shares during the period. Engineers Gate Manager LP lifted its stake in RH by 63.8% in the second quarter. Engineers Gate Manager LP now owns 19,337 shares of the company’s stock valued at $3,185,000 after buying an additional 7,531 shares during the last quarter. Allworth Financial LP lifted its stake in RH by 80.4% in the second quarter. Allworth Financial LP now owns 516 shares of the company’s stock valued at $85,000 after buying an additional 230 shares during the last quarter. Nykredit A S acquired a new position in shares of RH during the second quarter valued at $123,000. Finally, Corient Private Wealth LP boosted its holdings in shares of RH by 54.2% during the second quarter. Corient Private Wealth LP now owns 2,835 shares of the company’s stock valued at $467,000 after acquiring an additional 997 shares during the period. Institutional investors own 90.17% of the company’s stock.

RH Price Performance

NYSE:RH opened at $117.23 on Friday. The business’s 50-day moving average price is $145.84 and its 200 day moving average price is $146.14. The firm has a market cap of $2.22 billion, a P/E ratio of 20.86, a PEG ratio of 2.15 and a beta of 1.91. RH has a 52-week low of $106.30 and a 52-week high of $239.40. The company has a quick ratio of 0.37, a current ratio of 1.12 and a debt-to-equity ratio of 26.57.

RH (NYSE:RH) last announced its earnings results on Thursday, September 10th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $2.32. The company had revenue of $922.15 million for the quarter, compared to analyst estimates of $915.09 million. RH had a return on equity of 132.79% and a net margin of 3.23%. RH’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.93 earnings per share. As a group, sell-side analysts predict that RH will post 5.30 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on RH shares. Stifel Nicolaus cut their price target on RH from $130.00 to $120.00 and set a “hold” rating on the stock in a report on Monday, September 28th. Telsey Advisory Group raised their target price on RH from $140.00 to $155.00 and gave the company a “market perform” rating in a research report on Friday, September 11th. Guggenheim reiterated a “buy” rating and set a $200.00 price target on shares of RH in a research report on Friday, September 11th. Wells Fargo & Company decreased their price target on RH from $225.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, September 11th. Finally, Bank of America lowered their price target on RH from $156.00 to $114.00 and set an “underperform” rating on the stock in a report on Friday, September 11th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $164.86.

Insider Buying and Selling

In related news, Director Mark Demilio sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $132.00, for a total value of $132,000.00. Following the completion of the sale, the director owned 25,680 shares of the company’s stock, valued at approximately $3,389,760. The trade was a 3.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 26.90% of the stock is owned by company insiders.

More RH News

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Evacuations and preparations for Hurricane Isaias along the Gulf Coast could create temporary logistical or store-traffic disruptions for retailers in affected areas, but the reports do not mention RH directly. Hurricane Isaias live updates

About RH

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that curates and sells products for residential and hospitality environments. Its offerings include furniture, lighting, textiles, rugs, bath and kitchen fixtures, outdoor furnishings, décor and related design products.

The company markets its products through a multichannel platform that includes large-format RH Galleries, outlet locations, source books, websites and trade services for professional designers.