Quinn Opportunity Partners LLC Makes New $378,000 Investment in RH $RH

Quinn Opportunity Partners LLC bought a new stake in RH (NYSE:RH) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $378,000.

A number of other hedge funds also recently bought and sold shares of the business. Teacher Retirement System of Texas bought a new position in shares of RH during the first quarter valued at approximately $510,000. Principal Financial Group Inc. increased its position in shares of RH by 1.0% during the first quarter. Principal Financial Group Inc. now owns 34,757 shares of the company’s stock valued at $8,147,000 after acquiring an additional 354 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of RH by 7.4% during the first quarter. Envestnet Asset Management Inc. now owns 5,325 shares of the company’s stock valued at $1,248,000 after buying an additional 367 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of RH by 2.8% during the first quarter. State of Michigan Retirement System now owns 3,615 shares of the company’s stock valued at $847,000 after purchasing an additional 100 shares during the last quarter. Finally, Xponance Inc. boosted its stake in shares of RH by 4.0% in the 1st quarter. Xponance Inc. now owns 2,067 shares of the company’s stock worth $485,000 after buying an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

RH Stock Down 0.8%

Shares of RH opened at $160.90 on Thursday. The stock’s 50-day moving average price is $196.39 and its 200-day moving average price is $200.52. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The company has a market capitalization 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 released its quarterly earnings data 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 firm had revenue of $899.15 million during 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 quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that RH will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

RH has been the topic of several analyst reports. Zacks Research downgraded shares of RH from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 16th. Cowen reissued a “buy” rating on shares of RH in a research note on Friday, September 12th. TD Cowen boosted their price objective on shares of RH from $235.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Stifel Nicolaus reduced their target price on RH from $390.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, September 12th. Finally, William Blair lowered RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, RH has an average rating of “Hold” and an average price target of $259.69.

Insider Activity at RH

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

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.