19,519 Shares in RH $RH Acquired by Kingdon Capital Management L.L.C.

Key Points

• Kingdon Capital Management L.L.C. has taken a significant position in RH, purchasing 19,519 shares valued at approximately $4.58 million, bringing their ownership to 0.10% of the company.
• Several large investors have increased their stakes in RH, with notable increases including Victory Capital Management's 225.8% growth and Kettle Hill Capital Management's 1,094.5% growth.
• RH recently reported a quarterly earnings per share (EPS) of $0.13, surpassing analysts' expectations, despite revenue slightly missing targets at $813.95 million.

Kingdon Capital Management L.L.C. bought a new position in shares of RH (NYSE:RH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 19,519 shares of the company's stock, valued at approximately $4,575,000. Kingdon Capital Management L.L.C. owned 0.10% of RH as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RH. Aperture Investors LLC lifted its stake in shares of RH by 15.8% in the first quarter. Aperture Investors LLC now owns 45,247 shares of the company's stock worth $10,606,000 after buying an additional 6,178 shares during the last quarter. Driehaus Capital Management LLC acquired a new position in RH in the 1st quarter valued at $7,812,000. State of Wyoming raised its holdings in RH by 33.3% in the 1st quarter. State of Wyoming now owns 1,876 shares of the company's stock worth $440,000 after acquiring an additional 469 shares during the period. Trexquant Investment LP acquired a new position in RH during the 1st quarter worth $9,575,000. Finally, Eisler Capital Management Ltd. boosted its holdings in RH by 498.1% during the first quarter. Eisler Capital Management Ltd. now owns 35,162 shares of the company's stock valued at $8,238,000 after acquiring an additional 29,283 shares during the period. Institutional investors own 90.17% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Bank of America lifted their price objective on RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research note on Wednesday, May 14th. Robert W. Baird raised their target price on RH from $215.00 to $230.00 and gave the company a "neutral" rating in a report on Monday, June 16th. Guggenheim reaffirmed a "buy" rating and issued a $300.00 price target on shares of RH in a research report on Wednesday, July 2nd. Wall Street Zen raised RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Telsey Advisory Group lowered their price objective on shares of RH from $280.00 to $255.00 and set an "outperform" rating on the stock in a research note on Monday, June 9th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $270.35.

RH Trading Down 1.8%

RH stock traded down $4.10 during midday trading on Tuesday, hitting $221.57. The stock had a trading volume of 612,328 shares, compared to its average volume of 1,296,867. 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 $212.80 and a 200 day simple moving average of $215.43. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 52.75, a P/E/G ratio of 0.65 and a beta of 2.15.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.20. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The firm had revenue of $813.95 million for the quarter, compared to analyst estimates of $817.66 million. During the same quarter in the previous year, the firm posted ($0.40) EPS. The business's revenue for the quarter was up 12.0% on a year-over-year basis. 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.

RH 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.