Penserra Capital Management LLC Purchases 511 Shares of RH $RH

Penserra Capital Management LLC boosted its position in RH (NYSE:RH) by 60.3% during the second quarter, HoldingsChannel.com reports. The fund owned 1,358 shares of the company’s stock after buying an additional 511 shares during the quarter. Penserra Capital Management LLC’s holdings in RH were worth $256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atreides Management LP boosted its stake in shares of RH by 69.1% in the 1st quarter. Atreides Management LP now owns 473,321 shares of the company’s stock valued at $110,951,000 after purchasing an additional 193,404 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of RH during the first quarter valued at about $35,057,000. Victory Capital Management Inc. boosted its stake in shares of RH by 225.8% during the first quarter. Victory Capital Management Inc. now owns 165,127 shares of the company’s stock valued at $38,707,000 after purchasing an additional 114,443 shares in the last quarter. Invesco Ltd. grew its holdings in shares of RH by 38.2% during the first quarter. Invesco Ltd. now owns 248,449 shares of the company’s stock worth $58,239,000 after purchasing an additional 68,629 shares during the last quarter. Finally, WCM Investment Management LLC increased its stake in shares of RH by 130.9% in the second quarter. WCM Investment Management LLC now owns 105,730 shares of the company’s stock valued at $20,176,000 after buying an additional 59,941 shares during the period. Institutional investors own 90.17% of the company’s stock.

Insider Activity

In related news, Director Mark S. Demilio sold 2,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $236.13, for a total transaction of $472,260.00. Following the transaction, the director owned 24,616 shares in the company, valued at $5,812,576.08. The trade was a 7.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 27.00% of the stock is owned by insiders.

RH Price Performance

Shares of RH stock opened at $160.90 on Thursday. The stock’s 50-day moving average is $196.39 and its 200 day moving average is $200.52. RH has a one year low of $123.03 and a one year high of $457.26. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 0.77 and a beta of 2.21.

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

Analyst Upgrades and Downgrades

RH has been the topic of several recent research reports. TD Cowen lifted their target price on shares of RH from $235.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Citigroup lifted their price target on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Guggenheim restated a “buy” rating and issued a $300.00 price objective on shares of RH in a report on Friday, September 12th. Zacks Research lowered RH from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 16th. Finally, Cowen reiterated a “buy” rating on shares of RH in a research report on Friday, September 12th. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $259.69.

RH Company Profile

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.