Level Four Advisory Services LLC Has $4.96 Million Position in RH $RH

Key Points

• Level Four Advisory Services LLC increased its stake in RH by 17.1%, acquiring an additional 3,095 shares, bringing its total ownership to approximately 21,142 shares valued at $4,956,000.
• Several hedge funds, including Vanguard Group and Invesco Ltd., also raised their positions in RH, contributing to institutional investors owning over 90% of the company's stock.
• Analysts have mixed ratings on RH, with a consensus rating of "Hold" and a target price of $270.35, despite varied individual price targets ranging from $172 to $275.

Level Four Advisory Services LLC increased its stake in shares of RH (NYSE:RH - Free Report) by 17.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 21,142 shares of the company's stock after buying an additional 3,095 shares during the period. Level Four Advisory Services LLC owned 0.11% of RH worth $4,956,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hsbc Holdings PLC bought a new stake in shares of RH during the 1st quarter worth about $2,461,000. Fuller & Thaler Asset Management Inc. bought a new stake in shares of RH during the 1st quarter worth about $35,057,000. Quantbot Technologies LP boosted its holdings in shares of RH by 54.3% during the 1st quarter. Quantbot Technologies LP now owns 11,202 shares of the company's stock worth $2,626,000 after buying an additional 3,941 shares during the period. Northern Trust Corp boosted its holdings in shares of RH by 0.4% during the 1st quarter. Northern Trust Corp now owns 137,374 shares of the company's stock worth $32,202,000 after buying an additional 564 shares during the period. Finally, Algert Global LLC boosted its holdings in shares of RH by 51.6% during the 1st quarter. Algert Global LLC now owns 4,230 shares of the company's stock worth $992,000 after buying an additional 1,440 shares during the period. Institutional investors own 90.17% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on RH. Zelman & Associates reduced their target price on shares of RH from $305.00 to $251.00 and set an "outperform" rating for the company in a report on Wednesday, July 9th. Telsey Advisory Group reduced their target price on shares of RH from $280.00 to $255.00 and set an "outperform" rating for the company in a report on Monday, June 9th. Wells Fargo & Company set a $275.00 target price on shares of RH in a report on Friday, June 13th. Robert W. Baird lifted their target price on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a report on Monday, June 16th. Finally, Guggenheim reiterated a "buy" rating and issued a $300.00 price objective on shares of RH in a research note on Wednesday, July 2nd. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $270.35.

RH Price Performance

RH stock traded up $24.36 during midday trading on Friday, hitting $243.15. The company's stock had a trading volume of 1,776,273 shares, compared to its average volume of 975,149. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The company has a 50-day moving average price of $207.38 and a two-hundred day moving average price of $223.45. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 57.89, a PEG ratio of 0.71 and a beta of 2.16.

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