Versor Investments LP Takes $325,000 Position in RH $RH

Versor Investments LP bought a new stake in shares of RH (NYSE:RH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,722 shares of the company’s stock, valued at approximately $325,000.

Several other hedge funds have also recently made changes to their positions in the business. Ridgewood Investments LLC boosted its position in shares of RH by 19.8% during the second quarter. Ridgewood Investments LLC now owns 303 shares of the company’s stock valued at $57,000 after purchasing an additional 50 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in RH by 67.8% in the second quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. UMB Bank n.a. boosted its holdings in RH by 53.8% in the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after acquiring an additional 63 shares in the last quarter. Xponance Inc. boosted its holdings in RH by 4.0% in the first quarter. Xponance Inc. now owns 2,067 shares of the company’s stock worth $485,000 after acquiring an additional 80 shares in the last quarter. Finally, Securian Asset Management Inc. boosted its holdings in RH by 9.0% in the first quarter. Securian Asset Management Inc. now owns 1,209 shares of the company’s stock worth $283,000 after acquiring an additional 100 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

RH has been the topic of several analyst reports. Wells Fargo & Company boosted their target price on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Zacks Research downgraded RH from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 16th. Citigroup boosted their target price on RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Barclays decreased their price target on RH from $436.00 to $385.00 and set an “overweight” rating for the company in a research note on Friday, September 12th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of RH in a research note on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, RH presently has an average rating of “Hold” and a consensus target price of $259.29.

RH Stock Performance

RH stock opened at $165.95 on Thursday. The stock has a market cap of $3.11 billion, a PE ratio of 30.90, a price-to-earnings-growth ratio of 0.78 and a beta of 2.21. RH has a one year low of $123.03 and a one year high of $457.26. The stock has a fifty day moving average of $202.84 and a 200 day moving average of $201.03.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). The firm had revenue of $899.15 million for the quarter, compared to analysts’ expectations of $906.58 million. RH had a net margin of 3.20% and a negative return on equity of 113.58%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts predict that RH will post 4.39 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Mark S. Demilio sold 2,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the completion of the sale, the director owned 24,616 shares in the company, valued at approximately $5,812,576.08. This represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 27.00% of the company’s stock.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.