B & T Capital Management DBA Alpha Capital Management Sells 842 Shares of RH (NYSE:RH)

B & T Capital Management DBA Alpha Capital Management lessened its position in shares of RH (NYSE:RH) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,119 shares of the company’s stock after selling 842 shares during the period. B & T Capital Management DBA Alpha Capital Management owned approximately 0.05% of RH worth $3,983,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc increased its position in RH by 7,000.0% during the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock worth $28,000 after acquiring an additional 70 shares during the period. GAMMA Investing LLC increased its holdings in shares of RH by 533.3% during the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after purchasing an additional 64 shares during the period. Blue Trust Inc. increased its holdings in shares of RH by 308.3% during the third quarter. Blue Trust Inc. now owns 98 shares of the company’s stock worth $33,000 after purchasing an additional 74 shares during the period. Centaurus Financial Inc. acquired a new stake in shares of RH in the third quarter valued at approximately $100,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of RH in the third quarter valued at approximately $110,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. StockNews.com cut RH from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. Stifel Nicolaus boosted their price target on RH from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Wedbush reissued an “outperform” rating and issued a $500.00 target price on shares of RH in a report on Monday, January 6th. Telsey Advisory Group raised shares of RH from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $485.00 to $500.00 in a report on Thursday, December 19th. Finally, Barclays raised shares of RH from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $383.00 to $515.00 in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat, RH currently has an average rating of “Hold” and an average price target of $421.73.

RH Trading Up 3.1 %

Shares of RH opened at $446.05 on Friday. The company has a market capitalization of $8.30 billion, a PE ratio of 128.17, a PEG ratio of 9.52 and a beta of 2.43. The stock’s 50-day moving average price is $387.30 and its two-hundred day moving average price is $325.17. RH has a 12 month low of $212.43 and a 12 month high of $457.26.

RH (NYSE:RH) last announced its earnings results on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing the consensus estimate of $2.67 by ($0.19). RH had a net margin of 2.25% and a negative return on equity of 35.72%. The company had revenue of $811.73 million during the quarter, compared to the consensus estimate of $812.19 million. During the same quarter in the previous year, the company earned ($0.42) earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. Equities research analysts predict that RH will post 4.35 EPS for the current fiscal year.

Insider Buying and Selling

In other RH news, insider Eri Chaya sold 25,000 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $426.41, for a total value of $10,660,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Keith Belling sold 500 shares of the stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $415.00, for a total transaction of $207,500.00. Following the transaction, the director now directly owns 5,470 shares in the company, valued at $2,270,050. This trade represents a 8.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,000 shares of company stock valued at $15,239,375 over the last quarter. Insiders own 28.10% of the company’s stock.

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.