Resolute Holdings Management (NYSE:RHLD) Upgraded 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.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Resolute Holdings Management has a consensus rating of “Sell”.

Resolute Holdings Management Stock Up 2.2%

RHLD opened at $136.42 on Friday. Resolute Holdings Management has a fifty-two week low of $55.08 and a fifty-two week high of $236.19. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.82 and a current ratio of 1.35. The company has a fifty day moving average of $132.99 and a two-hundred day moving average of $145.07. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 25.12 and a beta of -1.29.

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

Institutional Investors Weigh In On Resolute Holdings Management

Several institutional investors and hedge funds have recently added to or reduced their stakes in RHLD. Corient Private Wealth LP acquired a new position in Resolute Holdings Management during the second quarter worth $994,000. Pillsbury Lake Capital LLC acquired a new stake in shares of Resolute Holdings Management in the second quarter valued at about $6,961,287,000. Balance Capital Partners L.P. acquired a new stake in shares of Resolute Holdings Management in the second quarter valued at about $9,325,943,000. Bank of America Corp DE purchased a new stake in shares of Resolute Holdings Management during the second quarter worth about $1,395,000. Finally, Freestone Grove Partners LP purchased a new stake in shares of Resolute Holdings Management during the second quarter worth about $352,000.

About Resolute Holdings Management

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.