26,975 Shares in RH $RH Bought by Nuveen LLC

Key Points

• Nuveen LLC made a new investment of approximately $6.32 million in shares of RH by purchasing 26,975 shares during the 1st quarter.
• RH's stock has a market cap of $4.32 billion and recorded a 52-week range with a low of $123.03 and a high of $457.26.
• Research analysts have given RH a consensus rating of "Hold," with a target price averaging $270.35, despite mixed ratings from various investment firms.

Nuveen LLC purchased a new stake in RH (NYSE:RH - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,975 shares of the company's stock, valued at approximately $6,323,000. Nuveen LLC owned 0.14% of RH at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RH. Envestnet Asset Management Inc. increased its holdings in 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 during the period. Renaissance Technologies LLC bought a new stake in RH in the 4th quarter valued at $630,000. NewEdge Advisors LLC increased its holdings in RH by 9.2% in the 4th quarter. NewEdge Advisors LLC now owns 1,407 shares of the company's stock valued at $554,000 after buying an additional 118 shares during the period. First Trust Advisors LP bought a new stake in RH in the 4th quarter valued at $5,170,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of RH by 125.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,630 shares of the company's stock valued at $642,000 after acquiring an additional 908 shares during the period. Institutional investors own 90.17% of the company's stock.

RH Stock Performance

RH traded down $3.78 during trading hours on Friday, reaching $225.44. The company's stock had a trading volume of 581,197 shares, compared to its average volume of 1,300,960. The company's 50-day moving average is $210.55 and its 200-day moving average is $219.80. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The firm has a market cap of $4.22 billion, a PE ratio of 53.68, a price-to-earnings-growth ratio of 0.66 and a beta of 2.16.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.20. The business had revenue of $813.95 million for the quarter, compared to analyst estimates of $817.66 million. RH had a net margin of 2.57% and a negative return on equity of 67.71%. RH's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.40) EPS. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that RH will post 4.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on RH shares. Wells Fargo & Company set a $275.00 price objective on RH in a report on Friday, June 13th. Telsey Advisory Group dropped their target price 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 upgraded RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. UBS Group reduced their price target on RH from $235.00 to $215.00 and set a "neutral" rating on the stock in a research report on Thursday, June 5th. Finally, Bank of America raised their price target on RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 14th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $270.35.

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.