Inspire Trust Co. N.A. Boosts Stock Position in RH $RH

Inspire Trust Co. N.A. grew its position in shares of RH (NYSE:RH – Free Report) by 270.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,500 shares of the company’s stock after purchasing an additional 13,500 shares during the quarter. Inspire Trust Co. N.A.’s holdings in RH were worth $3,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Durable Capital Partners LP lifted its position in shares of RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after buying an additional 359,101 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of RH by 66.1% during the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after buying an additional 228,229 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of RH by 40.9% during the 3rd quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock valued at $72,953,000 after buying an additional 104,154 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of RH during the 3rd quarter valued at $67,632,000. Finally, Alyeska Investment Group L.P. lifted its position in shares of RH by 200.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock valued at $60,480,000 after buying an additional 198,615 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

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RH Stock Performance

NYSE:RH opened at $149.30 on Friday. The company has a debt-to-equity ratio of 51.28, a quick ratio of 0.31 and a current ratio of 1.19. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.20 and a beta of 1.89. The business’s fifty day moving average is $130.72 and its 200 day moving average is $162.85.

RH (NYSE:RH – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). RH had a net margin of 3.63% and a negative return on equity of 567.82%. The company had revenue of $842.62 million for the quarter, compared to the consensus estimate of $873.48 million. During the same quarter in the previous year, the firm posted $1.58 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Research analysts predict that RH will post 6.39 EPS for the current year.

Insider Activity

In related news, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders sold 25,000 shares of company stock worth $3,370,440. Insiders own 26.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on RH. Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. Citigroup dropped their price target on RH from $183.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. 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. Wells Fargo & Company dropped their price target on RH from $180.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Finally, Zelman & Associates reaffirmed an “outperform” rating on shares of RH in a research report on Thursday, January 29th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $175.13.

Read Our Latest Research Report on RH

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.

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