Xponance Inc. Has $607,000 Stock Holdings in RH (NYSE:RH)

Xponance Inc. cut its position in RH (NYSE:RH) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,083 shares of the company’s stock after selling 152 shares during the period. Xponance Inc.’s holdings in RH were worth $607,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Global Retirement Partners LLC lifted its position in RH by 120.3% in the 4th quarter. Global Retirement Partners LLC now owns 141 shares of the company’s stock valued at $41,000 after acquiring an additional 77 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management lifted its position in shares of RH by 1.0% during the 4th quarter. B & T Capital Management DBA Alpha Capital Management now owns 7,706 shares of the company’s stock worth $2,246,000 after buying an additional 78 shares in the last quarter. Natixis Advisors L.P. lifted its position in shares of RH by 0.8% during the 3rd quarter. Natixis Advisors L.P. now owns 17,099 shares of the company’s stock worth $4,520,000 after buying an additional 131 shares in the last quarter. Raymond James & Associates lifted its position in shares of RH by 1.5% during the 4th quarter. Raymond James & Associates now owns 9,231 shares of the company’s stock worth $2,691,000 after buying an additional 136 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its position in shares of RH by 8.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 1,835 shares of the company’s stock worth $485,000 after buying an additional 137 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 1,000 shares of the business’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $288.99, for a total transaction of $288,990.00. Following the completion of the transaction, the director now directly owns 11,991 shares in the company, valued at approximately $3,465,279.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Mark S. Demilio sold 1,000 shares of the business’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $288.99, for a total transaction of $288,990.00. Following the completion of the transaction, the director now directly owns 11,991 shares in the company, valued at approximately $3,465,279.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark S. Demilio sold 2,000 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $308.22, for a total transaction of $616,440.00. Following the transaction, the director now owns 12,991 shares of the company’s stock, valued at $4,004,086.02. The disclosure for this sale can be found here. 23.90% of the stock is owned by company insiders.

RH Trading Up 2.3 %

RH stock opened at $249.02 on Friday. RH has a 1-year low of $207.26 and a 1-year high of $406.38. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 44.71, a P/E/G ratio of 2.68 and a beta of 2.46. The firm has a 50 day simple moving average of $275.85 and a 200 day simple moving average of $267.13.

RH (NYSE:RH) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.99). RH had a net margin of 4.21% and a negative return on equity of 777.61%. The business had revenue of $738.26 million during the quarter, compared to analysts’ expectations of $777.50 million. During the same quarter in the prior year, the firm posted $2.88 earnings per share. The firm’s quarterly revenue was down 4.4% on a year-over-year basis. On average, equities research analysts forecast that RH will post 9.08 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on RH. Wedbush lifted their target price on shares of RH from $275.00 to $320.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. Oppenheimer reissued a “market perform” rating on shares of RH in a research report on Monday, April 1st. Telsey Advisory Group reissued a “market perform” rating and set a $335.00 target price (up previously from $285.00) on shares of RH in a research report on Tuesday, March 26th. The Goldman Sachs Group lifted their price target on shares of RH from $201.00 to $264.00 and gave the stock a “sell” rating in a report on Monday, April 1st. Finally, Wells Fargo & Company lifted their price target on shares of RH from $350.00 to $360.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $332.15.

About RH

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.