Game Plan Financial Advisors LLC Has $3.07 Million Stock Position in RH (NYSE:RH)

Game Plan Financial Advisors LLC boosted its holdings in RH (NYSE:RH) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,784 shares of the company’s stock after buying an additional 245 shares during the quarter. RH makes up 1.4% of Game Plan Financial Advisors LLC’s holdings, making the stock its 26th biggest holding. Game Plan Financial Advisors LLC’s holdings in RH were worth $3,067,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Versant Capital Management Inc increased its holdings in shares of RH by 7,000.0% during the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock worth $28,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. raised its position in RH by 125.8% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the company’s stock valued at $28,000 after purchasing an additional 39 shares during the last quarter. GAMMA Investing LLC raised its position in RH by 533.3% in 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 during the last quarter. Blue Trust Inc. boosted its stake in shares of RH by 308.3% during the third quarter. Blue Trust Inc. now owns 98 shares of the company’s stock valued at $33,000 after purchasing an additional 74 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of RH during the fourth quarter worth about $68,000. Institutional investors own 90.17% of the company’s stock.

Insider Activity at RH

In related news, CAO Christina Hargarten sold 5,280 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $447.20, for a total transaction of $2,361,216.00. Following the completion of the transaction, the chief accounting officer now owns 484 shares in the company, valued at approximately $216,444.80. This represents a 91.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Edward T. Lee sold 600 shares of RH stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $446.73, for a total transaction of $268,038.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,880 shares of company stock valued at $29,129,879. 28.10% of the stock is owned by insiders.

RH Price Performance

NYSE RH opened at $382.05 on Friday. The company has a fifty day moving average price of $409.78 and a 200-day moving average price of $346.55. The firm has a market cap of $7.11 billion, a price-to-earnings ratio of 109.78, a PEG ratio of 3.02 and a beta of 2.42. RH has a 1 year low of $212.43 and a 1 year high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, December 12th. The company reported $2.48 earnings per share (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 the consensus estimate of $812.19 million. During the same period in the previous year, the company posted ($0.42) earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, research analysts anticipate that RH will post 4.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on RH. StockNews.com downgraded shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, December 21st. Wells Fargo & Company lifted their price target on shares of RH from $425.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Barclays upgraded RH from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $383.00 to $515.00 in a report on Wednesday, January 8th. BNP Paribas reaffirmed an “underperform” rating and set a $253.00 target price on shares of RH in a report on Wednesday, November 13th. Finally, Telsey Advisory Group raised RH from a “market perform” rating to an “outperform” rating and increased their price target for the company from $485.00 to $500.00 in a research note on Thursday, December 19th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $431.60.

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.