Intech Investment Management LLC trimmed its position in shares of RH (NYSE:RH – Free Report) by 52.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,707 shares of the company’s stock after selling 4,083 shares during the period. Intech Investment Management LLC’s holdings in RH were worth $664,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RH. Clearstead Advisors LLC grew its position in RH by 713.3% during the 3rd quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Huntington National Bank grew its position in RH by 87.8% during the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in RH during the 3rd quarter worth approximately $30,000. Advisory Services Network LLC purchased a new position in RH during the 3rd quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. grew its position in RH by 169.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 218 shares of the company’s stock worth $44,000 after purchasing an additional 137 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
RH has been the topic of several research analyst reports. BNP Paribas Exane lowered their price objective on shares of RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research report on Wednesday, April 1st. Telsey Advisory Group lowered their price objective on shares of RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st. Wells Fargo & Company lowered their price target on shares of RH from $180.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Guggenheim restated a “buy” rating and set a $200.00 price target on shares of RH in a report on Monday, April 27th. Finally, Wall Street Zen cut shares of RH from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, RH presently has an average rating of “Hold” and an average target price of $175.13.
RH Stock Up 0.3%
RH stock opened at $147.10 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28. RH has a 1 year low of $106.30 and a 1 year high of $257.00. The company has a fifty day simple moving average of $133.28 and a 200 day simple moving average of $162.72. The firm has a market cap of $2.78 billion, a PE ratio of 23.31, a PEG ratio of 2.45 and a beta of 1.91.
RH (NYSE:RH – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.21 by ($0.68). RH had a net margin of 3.63% and a negative return on equity of 567.82%. The business had revenue of $842.62 million during the quarter, compared to analyst estimates of $873.48 million. During the same period in the previous year, the firm posted $1.58 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Sell-side analysts anticipate that RH will post 5.88 EPS for the current fiscal year.
Insiders Place Their Bets
In other RH news, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 25,000 shares of company stock worth $3,370,440. 26.90% of the stock is owned by insiders.
RH Company Profile
RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.
Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.
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