Resolute Holdings Management (NYSE:RHLD) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Resolute Holdings Management (NYSE:RHLD) from a sell rating to a hold rating in a research note released on Saturday morning.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Resolute Holdings Management has an average rating of “Sell”.

Resolute Holdings Management Trading Up 2.0%

Shares of Resolute Holdings Management stock opened at $133.87 on Friday. Resolute Holdings Management has a 1-year low of $55.08 and a 1-year high of $236.19. The company’s fifty day simple moving average is $132.63 and its 200-day simple moving average is $145.82. The stock has a market capitalization of $1.05 billion, a PE ratio of 24.65 and a beta of -1.30. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.35 and a quick ratio of 0.89.

Resolute Holdings Management (NYSE:RHLD) last released its earnings results on Thursday, August 6th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $473.20 million for the quarter. Resolute Holdings Management had a return on equity of 3.55% and a net margin of 4.21%.

Institutional Investors Weigh In On Resolute Holdings Management

Several large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in Resolute Holdings Management during the third quarter valued at $173,000. State of Alaska Department of Revenue purchased a new position in shares of Resolute Holdings Management in the 4th quarter worth approximately $282,000. Farther Finance Advisors LLC purchased a new position in Resolute Holdings Management during the fourth quarter worth $27,000. CWM LLC purchased a new position in Resolute Holdings Management during the fourth quarter worth $189,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Resolute Holdings Management during the fourth quarter worth $1,448,000.

Resolute Holdings Management Company Profile

Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.