Quantbot Technologies LP Has $2.33 Million Holdings in RH $RH

Quantbot Technologies LP raised its position in shares of RH (NYSE:RHFree Report) by 409.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,114 shares of the company’s stock after acquiring an additional 11,341 shares during the period. Quantbot Technologies LP’s holdings in RH were worth $2,325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RH. Harvest Fund Management Co. Ltd acquired a new stake in RH during the 3rd quarter worth approximately $30,000. Wilmington Savings Fund Society FSB grew its holdings in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. Advisory Services Network LLC acquired a new position in RH in the 3rd quarter valued at $31,000. Modus Advisors LLC bought a new position in RH during the 4th quarter worth $34,000. Finally, Geneos Wealth Management Inc. bought a new position in RH during the 1st quarter worth $42,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. KeyCorp reissued a “sector weight” rating on shares of RH in a report on Friday, June 12th. The Goldman Sachs Group upgraded shares of RH from a “sell” rating to a “neutral” rating and upped their price target for the company from $86.00 to $155.00 in a research note on Wednesday, July 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price target on shares of RH in a research report on Monday, May 11th. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, Citigroup boosted their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $173.36.

View Our Latest Report on RH

Insiders Place Their Bets

In other news, CEO Gary G. Friedman sold 69,069 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the sale, the chief executive officer directly owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were bought at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the acquisition, the director directly owned 32,190 shares in the company, valued at $5,179,371. The trade was a 54.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by corporate insiders.

RH Stock Down 6.3%

NYSE RH opened at $143.61 on Tuesday. The business has a fifty day moving average price of $169.42 and a two-hundred day moving average price of $155.74. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The stock has a market capitalization of $2.71 billion, a PE ratio of 27.72, a PEG ratio of 3.64 and a beta of 1.87.

RH (NYSE:RHGet Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The company had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. During the same quarter last year, the company posted $0.13 EPS. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities analysts expect that RH will post 4.2 earnings per share for the current fiscal year.

RH Profile

(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.

See Also

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Institutional Ownership by Quarter for RH (NYSE:RH)

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