RH (NYSE:RH) Shares Sold by Cwm LLC

Cwm LLC trimmed its holdings in RH (NYSE:RH) by 18.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 276 shares of the company’s stock after selling 62 shares during the period. Cwm LLC’s holdings in RH were worth $80,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Klein Pavlis & Peasley Financial Inc. bought a new position in RH during the 4th quarter valued at $1,246,000. Moody National Bank Trust Division acquired a new position in RH in the fourth quarter worth about $1,043,000. Xcel Wealth Management LLC increased its holdings in RH by 6.9% in the fourth quarter. Xcel Wealth Management LLC now owns 95,373 shares of the company’s stock valued at $27,799,000 after buying an additional 6,165 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in RH during the third quarter valued at approximately $480,000. Finally, Long Walk Management LP bought a new position in RH during the 4th quarter worth approximately $23,318,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RH has been the topic of several research reports. Barclays upped their price target on RH from $293.00 to $340.00 and gave the company an “equal weight” rating in a research report on Monday, April 1st. Wedbush lifted their target price on RH from $275.00 to $320.00 and gave the company a “neutral” rating in a research note on Thursday, March 28th. Loop Capital upped their target price on RH from $260.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 1st. Robert W. Baird boosted their price target on shares of RH from $280.00 to $300.00 and gave the company a “neutral” rating in a report on Thursday, March 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of RH from $329.00 to $345.00 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 assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $332.15.

Insider Buying and Selling

In other news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $308.22, for a total transaction of $616,440.00. Following the completion of the sale, the director now owns 12,991 shares in the company, valued at approximately $4,004,086.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other RH news, Director Mark S. Demilio sold 2,000 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $308.22, for a total transaction of $616,440.00. Following the sale, the director now owns 12,991 shares in the company, valued at approximately $4,004,086.02. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Eri Chaya sold 100,000 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $279.92, for a total transaction of $27,992,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 103,000 shares of company stock worth $28,897,430. Corporate insiders own 23.90% of the company’s stock.

RH Stock Performance

RH opened at $278.72 on Wednesday. The company has a market capitalization of $5.11 billion, a PE ratio of 50.04, a P/E/G ratio of 3.03 and a beta of 2.54. The stock’s fifty day moving average is $276.31 and its 200-day moving average is $268.02. RH has a one year low of $207.26 and a one year high of $406.38.

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

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.