One Capital Management LLC boosted its stake in shares of RH (NYSE:RH – Free Report) by 117.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,113 shares of the company’s stock after acquiring an additional 6,532 shares during the quarter. One Capital Management LLC’s holdings in RH were worth $2,170,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of RH. United Services Automobile Association acquired a new position in RH during the first quarter worth $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in RH by 6.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock worth $9,053,000 after acquiring an additional 2,244 shares in the last quarter. Prudential Financial Inc. raised its stake in RH by 24.4% during the second quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock worth $301,000 after acquiring an additional 312 shares in the last quarter. Federated Hermes Inc. raised its stake in RH by 30.1% during the second quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock worth $215,000 after acquiring an additional 263 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in RH by 9.5% during the second quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock worth $3,600,000 after acquiring an additional 1,650 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
RH has been the subject of several recent analyst reports. Zacks Research lowered RH from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. Weiss Ratings lowered RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Morgan Stanley restated an “overweight” rating and issued a $240.00 target price on shares of RH in a research note on Monday, May 11th. Barclays lowered their target price on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Finally, Citigroup lowered their target price on RH from $183.00 to $150.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, RH has a consensus rating of “Hold” and a consensus price target of $175.13.
RH Trading Up 4.4%
NYSE:RH opened at $155.95 on Wednesday. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The company has a debt-to-equity ratio of 51.28, a current ratio of 1.19 and a quick ratio of 0.31. The stock has a market capitalization of $2.95 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 2.29 and a beta of 1.91. The business’s 50-day simple moving average is $131.29 and its 200-day simple moving average is $162.70.
RH (NYSE:RH – Get Free Report) last released 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 net margin of 3.63% and a negative return on equity of 567.82%. The business had revenue of $842.62 million for the quarter, compared to the consensus estimate of $873.48 million. During the same quarter last year, the firm earned $1.58 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Sell-side analysts expect that RH will post 6.39 earnings per share for the current fiscal year.
Insider Buying and Selling at RH
In other news, insider Eri Chaya sold 11,000 shares of RH stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders sold 25,000 shares of company stock worth $3,370,440. Insiders own 26.90% of the company’s stock.
About RH
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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