RH (NYSE:RH) Stock Position Cut by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in RH (NYSE:RH) by 1.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 248,541 shares of the company’s stock after selling 2,948 shares during the period. Dimensional Fund Advisors LP owned 1.34% of RH worth $97,824,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. UMB Bank n.a. boosted its holdings in shares of RH by 125.8% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the company’s stock worth $28,000 after buying an additional 39 shares during the period. Versant Capital Management Inc lifted its position in shares of RH by 7,000.0% in the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock worth $28,000 after purchasing an additional 70 shares in the last quarter. GAMMA Investing LLC grew its position in RH by 533.3% during the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. Rakuten Securities Inc. increased its stake in RH by 180.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company’s stock valued at $44,000 after buying an additional 72 shares during the period. Finally, Golden State Wealth Management LLC purchased a new position in shares of RH during the 4th quarter valued at $68,000. Institutional investors own 90.17% of the company’s stock.

RH Stock Down 1.1 %

Shares of RH opened at $183.52 on Tuesday. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 52.74, a P/E/G ratio of 2.65 and a beta of 2.44. RH has a 12 month low of $123.03 and a 12 month high of $457.26. The company has a 50-day moving average price of $228.40 and a two-hundred day moving average price of $327.47.

RH (NYSE:RH) last announced its quarterly earnings results on Wednesday, April 2nd. The company reported $1.58 EPS for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.33). RH had a negative return on equity of 35.72% and a net margin of 2.25%. The business had revenue of $812.41 million for the quarter, compared to the consensus estimate of $828.21 million. During the same quarter in the prior year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities research analysts expect that RH will post 4.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on RH. Stifel Nicolaus lowered their price target on shares of RH from $450.00 to $390.00 and set a “buy” rating on the stock in a report on Monday, April 7th. Morgan Stanley lowered their target price on shares of RH from $530.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, April 3rd. Loop Capital lowered their price target on RH from $450.00 to $190.00 and set a “hold” rating on the stock in a research report on Friday, April 4th. Bank of America downgraded RH from a “buy” rating to an “underperform” rating and lowered their price target for the company from $410.00 to $130.00 in a research report on Thursday, April 3rd. Finally, Barclays lowered their price target on RH from $515.00 to $436.00 and set an “overweight” rating on the stock in a research report on Thursday, April 3rd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $278.44.

RH 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.