WINTON GROUP Ltd Sells 397 Shares of RH (NYSE:RH)

WINTON GROUP Ltd reduced its stake in RH (NYSE:RH) by 34.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 754 shares of the company’s stock after selling 397 shares during the period. WINTON GROUP Ltd’s holdings in RH were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc raised its holdings in RH by 7,000.0% in 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 in the last quarter. UMB Bank n.a. increased its position in shares of RH by 125.8% in the fourth 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 raised its stake 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 in the last quarter. Rakuten Securities Inc. lifted its position in RH by 180.0% during the fourth 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. Finally, Golden State Wealth Management LLC acquired a new stake in RH during the fourth quarter worth about $68,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on RH. Wells Fargo & Company cut 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, March 18th. Loop Capital upped their target price on RH from $320.00 to $450.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Bank of America decreased their price target on RH from $510.00 to $410.00 and set a “buy” rating on the stock in a research note on Wednesday, March 26th. Guggenheim reduced their price objective on RH from $550.00 to $500.00 and set a “buy” rating on the stock in a research note on Wednesday, March 26th. Finally, Wedbush decreased their target price on RH from $500.00 to $350.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 26th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $403.25.

RH Trading Down 2.9 %

Shares of RH opened at $236.26 on Monday. The stock’s 50-day moving average price is $335.63 and its two-hundred day moving average price is $352.36. RH has a 12 month low of $212.04 and a 12 month high of $457.26. The company has a market capitalization of $4.40 billion, a PE ratio of 67.89, a PEG ratio of 2.65 and a beta of 2.50.

Insider Buying and Selling

In related news, insider Eri Chaya sold 10,000 shares of RH stock in a transaction on 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 Securities & Exchange Commission, which is available at this link. Also, insider Edward T. Lee sold 600 shares of the company’s stock in a transaction on Friday, January 17th. The shares were 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. Insiders have sold a total of 66,380 shares of company stock valued at $28,922,379 over the last ninety days. 28.10% of the stock is owned by company insiders.

RH Company 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.