EFG International AG Has $1.36 Million Position in RH $RH

Key Points

• EFG International AG reduced its RH position by 49.1% in the second quarter, leaving it with 8,276 shares valued at approximately $1.36 million. Institutional investors collectively own 90.17% of RH.
• Insider activity was mixed: Director Carlos Alberini bought 11,388 shares worth about $1.83 million, while CEO Gary Friedman sold 69,069 shares for approximately $11.71 million; insiders sold $21.86 million of stock over the past three months.
• RH beat quarterly expectations with revenue of $800.3 million and an adjusted loss of $1.97 per share, but revenue fell 1.7% year over year. Analysts maintain a consensus “Hold” rating with a $173.36 price target, while the company’s high leverage and low quick ratio remain risks.

EFG International AG cut its holdings in RH (NYSE:RH - Free Report) by 49.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,276 shares of the company's stock after selling 7,984 shares during the period. EFG International AG's holdings in RH were worth $1,365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new position in RH during the fourth quarter worth $28,092,000. K.J. Harrison & Partners Inc bought a new stake in shares of RH during the fourth quarter worth about $1,792,000. Logan Capital Management Inc. raised its holdings in shares of RH by 115.2% in the 4th quarter. Logan Capital Management Inc. now owns 32,716 shares of the company's stock worth $5,861,000 after acquiring an additional 17,516 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of RH by 138.1% in the 1st quarter. Quantinno Capital Management LP now owns 24,999 shares of the company's stock worth $3,495,000 after acquiring an additional 14,500 shares during the last quarter. Finally, Lodge Hill Capital LLC bought a new position in RH in the 1st quarter valued at about $13,283,000. Institutional investors own 90.17% of the company's stock.

Insider Buying and Selling at RH

In related news, Director Carlos Alberini bought 11,388 shares of RH stock in a transaction dated Monday, June 29th. The stock was purchased at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director directly owned 32,190 shares of the company's stock, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary G. Friedman sold 69,069 shares of the firm's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the sale, the chief executive officer owned 3,282,268 shares of the company's stock, valued at approximately $556,278,780.64. The trade was a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 over the last three months. 26.90% of the stock is currently owned by insiders.

RH Trading Up 5.1%

NYSE RH opened at $148.50 on Thursday. The business's fifty day moving average is $169.56 and its 200-day moving average is $154.95. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 28.67, a PEG ratio of 3.36 and a beta of 1.87. RH has a one year low of $106.30 and a one year high of $257.00.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The company had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. The firm's revenue for the quarter was down 1.7% on a year-over-year basis. Equities research analysts predict that RH will post 4.2 EPS for the current year.

RH News Summary

Here are the key news stories impacting RH this week:

• Neutral Sentiment: RH’s latest reported quarter showed revenue of $800.3 million, slightly above analyst expectations of $792.6 million, while its adjusted loss of $1.97 per share was narrower than the expected $2.12 loss. However, revenue declined 1.7% year over year and profitability remained weak.
• Neutral Sentiment: The stock remains volatile, with a beta of 1.87, and trades below its 50-day moving average while remaining near its 200-day average. This suggests investor sentiment is still cautious despite the quarterly earnings beat.
• Negative Sentiment: RH’s low quick ratio of 0.32 and substantial debt-to-equity ratio indicate balance-sheet and liquidity risks that may remain concerns for investors, particularly if the luxury home-furnishings market weakens.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RH shares. Stifel Nicolaus lifted their price target on RH from $110.00 to $130.00 and gave the company a "hold" rating in a research note on Friday, June 12th. Morgan Stanley reissued an "overweight" rating and issued a $240.00 price objective on shares of RH in a research note on Monday, May 11th. The Goldman Sachs Group upgraded RH from a "sell" rating to a "neutral" rating and raised their target price for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. Zacks Research raised RH from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 16th. Finally, UBS Group decreased their price target on RH from $160.00 to $155.00 and set a "neutral" rating for the company in a report on Tuesday, June 9th. Seven investment 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 company has a consensus rating of "Hold" and a consensus price target of $173.36.

About RH

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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