Inspire Trust Co. N.A. Acquires 13,500 Shares of RH $RH

Inspire Trust Co. N.A. grew its position in shares of RH (NYSE:RHFree Report) by 270.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,500 shares of the company’s stock after acquiring an additional 13,500 shares during the quarter. Inspire Trust Co. N.A. owned about 0.10% of RH worth $3,314,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Financial Solutions Inc. boosted its position in shares of RH by 133.3% during the fourth quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock valued at $2,754,000 after buying an additional 8,785 shares during the last quarter. M&T Bank Corp boosted its position in shares of RH by 7,340.8% during the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock valued at $29,058,000 after buying an additional 161,278 shares during the last quarter. Evergreen Capital Management LLC boosted its position in shares of RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock valued at $6,165,000 after buying an additional 14,247 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its position in shares of RH by 481.1% during the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock valued at $2,066,000 after buying an additional 8,419 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of RH by 388.7% during the third quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after buying an additional 210,991 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Stock Up 4.0%

RH stock opened at $149.30 on Friday. The stock’s fifty day simple moving average is $130.72 and its two-hundred day simple moving average is $162.85. 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 stock has a market cap of $2.82 billion, a P/E ratio of 23.66, a P/E/G ratio of 2.20 and a beta of 1.89.

RH (NYSE:RHGet Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $2.21 by ($0.68). RH had a negative return on equity of 567.82% and a net margin of 3.63%.The business had revenue of $842.62 million during the quarter, compared to analysts’ expectations of $873.48 million. During the same period in the prior year, the firm posted $1.58 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Analysts expect that RH will post 6.39 EPS for the current 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 stock was sold at an average price of $137.92, for a total value of $1,517,120.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 25,000 shares of company stock valued at $3,370,440 over the last 90 days. 26.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on RH. Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. BNP Paribas Exane cut their target price on RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research report on Wednesday, April 1st. Citigroup cut their target price on RH from $183.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. Barclays cut their target price on RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Finally, Weiss Ratings cut RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $175.13.

Get Our Latest Research Report on RH

About RH

(Free Report)

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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Institutional Ownership by Quarter for RH (NYSE:RH)

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