557 Shares in RH (NYSE:RH) Acquired by Lincoln Capital LLC

Lincoln Capital LLC bought a new stake in RH (NYSE:RH) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 557 shares of the company’s stock, valued at approximately $219,000.

Several other large investors also recently added to or reduced their stakes in the business. Versant Capital Management Inc raised its holdings 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 purchasing an additional 70 shares in the last quarter. GAMMA Investing LLC increased its position in RH by 533.3% during the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after buying an additional 64 shares during the last quarter. Blue Trust Inc. raised its holdings in RH by 308.3% during the third quarter. Blue Trust Inc. now owns 98 shares of the company’s stock valued at $33,000 after buying an additional 74 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in shares of RH in the third quarter worth about $100,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of RH during the 3rd quarter worth about $110,000. 90.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on RH shares. Loop Capital raised their price objective on RH from $320.00 to $450.00 and gave the company a “hold” rating in a research note on Monday, December 16th. StockNews.com lowered shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, December 21st. Morgan Stanley raised shares of RH from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $435.00 to $530.00 in a report on Monday, January 13th. Telsey Advisory Group upgraded shares of RH from a “market perform” rating to an “outperform” rating and raised their target price for the company from $485.00 to $500.00 in a research note on Thursday, December 19th. Finally, Wells Fargo & Company boosted their target price on shares of RH from $425.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, RH has an average rating of “Hold” and an average target price of $421.73.

RH Trading Up 3.1 %

Shares of RH stock opened at $446.05 on Monday. RH has a 12 month low of $212.43 and a 12 month high of $457.26. The company has a market capitalization of $8.30 billion, a P/E ratio of 128.17, a P/E/G ratio of 9.52 and a beta of 2.43. The stock has a 50 day moving average of $387.30 and a two-hundred day moving average of $326.30.

RH (NYSE:RH) last issued 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 negative return on equity of 35.72% and a net margin of 2.25%. The firm had revenue of $811.73 million during the quarter, compared to the consensus estimate of $812.19 million. During the same period last year, the business earned ($0.42) earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Sell-side analysts predict that RH will post 4.35 earnings per share for the current fiscal year.

Insider Transactions at RH

In other RH news, insider Eri Chaya sold 10,000 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $416.27, for a total value of $4,162,700.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Keith Belling sold 500 shares of RH stock in a transaction on Monday, January 6th. The shares were sold at an average price of $417.85, for a total value of $208,925.00. Following the transaction, the director now directly owns 4,970 shares of the company’s stock, valued at approximately $2,076,714.50. The trade was a 9.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 36,000 shares of company stock valued at $15,239,375. Company 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.