Thrivent Financial for Lutherans Has $171.22 Million Stock Holdings in RH (NYSE:RH)

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Thrivent Financial for Lutherans lessened its stake in shares of RH (NYSE:RH) by 26.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 447,482 shares of the company’s stock after selling 163,136 shares during the period. Thrivent Financial for Lutherans owned 2.29% of RH worth $171,215,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Asset Management Inc bought a new stake in shares of RH in the third quarter valued at approximately $270,000. ARP Americas LP bought a new stake in shares of RH in the third quarter valued at approximately $239,000. Assenagon Asset Management S.A. bought a new stake in shares of RH in the third quarter valued at approximately $7,969,000. World Asset Management Inc bought a new stake in shares of RH in the third quarter valued at approximately $238,000. Finally, Pacer Advisors Inc. bought a new stake in shares of RH in the third quarter valued at approximately $1,348,000.

A number of research analysts have issued reports on RH shares. Raymond James reissued a “hold” rating on shares of RH in a report on Monday, September 14th. Telsey Advisory Group raised RH from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $345.00 to $450.00 in a report on Thursday, September 10th. Zacks Investment Research cut RH from a “buy” rating to a “hold” rating and set a $327.00 price objective for the company. in a report on Monday, August 10th. Wells Fargo & Company raised their target price on RH from $365.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Finally, Barclays raised their target price on RH from $446.00 to $473.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $346.69.

NYSE RH traded up $6.14 during trading on Friday, hitting $438.92. The stock had a trading volume of 525,832 shares, compared to its average volume of 1,013,342. The company has a market capitalization of $8.57 billion, a PE ratio of 52.44, a P/E/G ratio of 1.02 and a beta of 2.48. The company’s 50-day moving average price is $380.53 and its two-hundred day moving average price is $299.13. The company has a debt-to-equity ratio of 9.02, a quick ratio of 0.17 and a current ratio of 0.79. RH has a 12 month low of $73.14 and a 12 month high of $442.74.

RH (NYSE:RH) last released its earnings results on Wednesday, September 9th. The company reported $4.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.36 by $1.54. The firm had revenue of $709.70 million for the quarter, compared to analysts’ expectations of $700.88 million. RH had a return on equity of 1,201.65% and a net margin of 8.53%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.20 EPS. As a group, equities analysts anticipate that RH will post 17.09 earnings per share for the current fiscal year.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

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Institutional Ownership by Quarter for RH (NYSE:RH)

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