Lincoln Capital LLC Acquires Shares of 557 RH (NYSE:RH)

Lincoln Capital LLC bought a new position in RH (NYSE:RH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 557 shares of the company’s stock, valued at approximately $219,000.

Several other institutional investors have also recently added to or reduced their stakes in RH. Anomaly Capital Management LP boosted its holdings in shares of RH by 503.6% in the 2nd quarter. Anomaly Capital Management LP now owns 349,227 shares of the company’s stock valued at $85,365,000 after buying an additional 291,368 shares during the period. Dimensional Fund Advisors LP boosted its position in RH by 18.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 270,993 shares of the company’s stock valued at $66,239,000 after purchasing an additional 41,242 shares during the period. Allspring Global Investments Holdings LLC grew its stake in RH by 8.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 245,810 shares of the company’s stock worth $82,206,000 after buying an additional 18,563 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in RH by 26.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 184,834 shares of the company’s stock worth $61,814,000 after buying an additional 38,572 shares during the period. Finally, Marshall Wace LLP lifted its stake in RH by 58.6% in the second quarter. Marshall Wace LLP now owns 174,324 shares of the company’s stock valued at $42,612,000 after buying an additional 64,423 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Trading Up 3.1 %

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

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, December 12th. The company reported $2.48 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $812.19 million. During the same period in the prior year, the business posted ($0.42) EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities research analysts anticipate that RH will post 4.35 earnings per share for the current year.

Insider Activity

In other RH news, insider Eri Chaya sold 25,000 shares of the company’s stock in a transaction that occurred 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 document filed with the SEC, which is available at this link. Also, Director Keith Belling sold 500 shares of RH stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $415.00, for a total transaction of $207,500.00. Following the sale, the director now directly owns 5,470 shares of the company’s stock, valued at $2,270,050. This trade represents a 8.38 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,000 shares of company stock worth $15,239,375. 28.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

RH has been the subject of several recent research reports. BNP Paribas restated an “underperform” rating and set a $253.00 price target on shares of RH in a research report on Wednesday, November 13th. Stifel Nicolaus raised their target price on RH from $420.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Robert W. Baird boosted their price target on RH from $300.00 to $400.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Morgan Stanley raised shares of RH from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $435.00 to $530.00 in a research note on Monday, January 13th. Finally, StockNews.com lowered shares of RH from a “hold” rating to a “sell” rating in a research note on Saturday, December 21st. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $421.73.

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.