Banco Bilbao Vizcaya Argentaria S.A. Sells 2,305 Shares of RH $RH

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. reduced its stake in RH by 68.4%, owning 1,063 shares valued at $249,000 after selling 2,305 shares.
• RH reported a quarterly earnings per share of $0.13, exceeding analysts' expectations of ( $0.07 ), and recorded a 12.0% year-over-year revenue increase.
• Analysts have set a consensus price target of $270.35 for RH, with ten analysts rating it as a Buy and three as a Sell.

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in RH (NYSE:RH - Free Report) by 68.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,063 shares of the company's stock after selling 2,305 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in RH were worth $249,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in RH. Envestnet Asset Management Inc. grew its stake in shares of RH by 3.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,958 shares of the company's stock valued at $1,951,000 after buying an additional 147 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of RH in the 4th quarter valued at approximately $630,000. NewEdge Advisors LLC raised its holdings in RH by 9.2% in the 4th quarter. NewEdge Advisors LLC now owns 1,407 shares of the company's stock worth $554,000 after acquiring an additional 118 shares during the period. First Trust Advisors LP acquired a new position in RH during the 4th quarter worth $5,170,000. Finally, MetLife Investment Management LLC lifted its position in RH by 9.1% during the 4th quarter. MetLife Investment Management LLC now owns 8,567 shares of the company's stock worth $3,372,000 after acquiring an additional 712 shares during the last quarter. Institutional investors own 90.17% of the company's stock.

Wall Street Analysts Forecast Growth

RH has been the subject of several research reports. Guggenheim reissued a "buy" rating and issued a $300.00 price objective on shares of RH in a research report on Wednesday, July 2nd. UBS Group reduced their price objective on RH from $235.00 to $215.00 and set a "neutral" rating for the company in a research report on Thursday, June 5th. Telsey Advisory Group reduced their price objective on RH from $280.00 to $255.00 and set an "outperform" rating for the company in a research report on Monday, June 9th. Wall Street Zen raised RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Robert W. Baird increased their price objective on RH from $215.00 to $230.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, RH presently has an average rating of "Hold" and an average target price of $270.35.

RH Trading Down 1.7%

RH stock traded down $3.79 during midday trading on Friday, hitting $225.43. The stock had a trading volume of 270,675 shares, compared to its average volume of 1,299,018. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 53.67, a P/E/G ratio of 0.66 and a beta of 2.16. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The stock has a 50-day simple moving average of $210.55 and a 200 day simple moving average of $219.80.

RH (NYSE:RH - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.20. RH had a negative return on equity of 67.71% and a net margin of 2.57%.The firm had revenue of $813.95 million during the quarter, compared to analysts' expectations of $817.66 million. During the same period last year, the business earned ($0.40) earnings per share. RH's quarterly revenue was up 12.0% compared to the same quarter last year. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts forecast that RH will post 4.39 EPS for the current year.

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.