Alps Advisors Inc. lessened its stake in RH (NYSE:RH) by 48.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,791 shares of the company’s stock after selling 2,637 shares during the quarter. Alps Advisors Inc.’s holdings in RH were worth $241,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RH. Flinton Capital Management LLC lifted its stake in RH by 41.4% during the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after purchasing an additional 464 shares during the last quarter. Wealth Architects LLC purchased a new stake in RH during the fourth quarter worth approximately $241,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in RH during the third quarter worth approximately $274,000. Private Advisory Group LLC purchased a new stake in RH during the fourth quarter worth approximately $582,000. Finally, APG Asset Management N.V. purchased a new stake in RH during the fourth quarter worth approximately $948,000.

RH has been the subject of several recent analyst reports. Zacks Investment Research upgraded RH from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a research note on Monday, November 20th. Citigroup upgraded RH to a “buy” rating in a research note on Sunday, November 26th. Buckingham Research restated a “buy” rating on shares of RH in a research note on Wednesday, November 15th. Deutsche Bank boosted their target price on RH from $100.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Finally, Loop Capital upgraded RH from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Thursday, January 11th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $76.44.

RH (NYSE RH) opened at $92.55 on Thursday. The company has a market capitalization of $1,893.39, a P/E ratio of 231.38, a price-to-earnings-growth ratio of 0.83 and a beta of 1.71. RH has a 12-month low of $25.09 and a 12-month high of $109.53. The company has a debt-to-equity ratio of -48.40, a quick ratio of 0.28 and a current ratio of 1.47.

RH (NYSE:RH) last released its quarterly earnings results on Tuesday, December 5th. The company reported $1.04 EPS for the quarter, hitting the consensus estimate of $1.04. The company had revenue of $592.50 million for the quarter, compared to analyst estimates of $592.46 million. RH had a return on equity of 20.04% and a net margin of 0.45%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 earnings per share. equities analysts expect that RH will post 2.93 EPS for the current year.

In other news, insider Karen Boone sold 22,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $99.60, for a total value of $2,191,200.00. Following the transaction, the insider now owns 25,430 shares of the company’s stock, valued at $2,532,828. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gary G. Friedman bought 10,300 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was bought at an average cost of $97.09 per share, for a total transaction of $1,000,027.00. Following the acquisition, the chief executive officer now owns 2,245,710 shares of the company’s stock, valued at approximately $218,035,983.90. The disclosure for this purchase can be found here. Insiders own 18.80% of the company’s stock.

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RH Profile

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

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Institutional Ownership by Quarter for RH (NYSE:RH)

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