RH (NYSE:RH) Price Target Lowered to $250.00 at UBS Group

RH (NYSE:RH) had its price target trimmed by UBS Group from $440.00 to $250.00 in a report published on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also commented on RH. Robert W. Baird upped their price target on shares of RH from $300.00 to $400.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Wells Fargo & Company lowered their price target on shares of RH from $500.00 to $375.00 and set an “overweight” rating for the company in a report on Tuesday. Barclays upgraded shares of RH from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $383.00 to $515.00 in a report on Wednesday, January 8th. Stifel Nicolaus upped their price objective on shares of RH from $420.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Morgan Stanley upgraded shares of RH from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $435.00 to $530.00 in a report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, RH has an average rating of “Moderate Buy” and a consensus price target of $412.44.

RH Stock Up 3.5 %

NYSE:RH opened at $242.24 on Friday. The company has a fifty day moving average of $353.74 and a 200 day moving average of $350.89. RH has a 52 week low of $212.04 and a 52 week high of $457.26. The firm has a market capitalization of $4.51 billion, a P/E ratio of 69.61, a P/E/G ratio of 2.65 and a beta of 2.50.

Insider Activity at RH

In related news, insider Eri Chaya sold 10,000 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $416.27, for a total transaction of $4,162,700.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Keith Belling sold 500 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $417.85, for a total transaction of $208,925.00. Following the sale, the director now directly owns 4,970 shares in the company, valued at $2,076,714.50. This trade represents a 9.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 66,380 shares of company stock valued at $28,922,379. 28.10% of the stock is owned by insiders.

Hedge Funds Weigh In On RH

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc lifted its stake in RH by 7,000.0% during the 4th quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock valued at $28,000 after acquiring an additional 70 shares during the period. UMB Bank n.a. lifted its stake in shares of RH by 125.8% in the 4th quarter. UMB Bank n.a. now owns 70 shares of the company’s stock worth $28,000 after purchasing an additional 39 shares during the period. GAMMA Investing LLC lifted its stake in shares of RH by 533.3% in the 4th quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after purchasing an additional 64 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of RH by 690.0% in the 4th quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock worth $31,000 after purchasing an additional 69 shares during the period. Finally, Rakuten Securities Inc. lifted its stake in shares of RH by 180.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company’s stock worth $44,000 after purchasing an additional 72 shares during the period. Institutional investors own 90.17% of the company’s stock.

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.