Landscape Capital Management L.L.C. Lowers Stake in RH $RH

Key Points

• Landscape Capital Management L.L.C. significantly reduced its position in RH by 84.6%, selling 5,310 shares in the first quarter, leaving them with just 964 shares valued at $226,000.
• RH's stock is currently down 1.7% with a market cap of $4.22 billion, despite the company reporting a surprise profit of $0.13 EPS last quarter, surpassing analysts' expectations.
• Equity analysts have mixed opinions on RH, with an average rating of "Hold" and varied price targets ranging from $172 to $270.35.

Landscape Capital Management L.L.C. trimmed its stake in shares of RH (NYSE:RH - Free Report) by 84.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 964 shares of the company's stock after selling 5,310 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in RH were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the business. AlphaQuest LLC purchased a new position in shares of RH in the 1st quarter valued at approximately $29,000. Sunbelt Securities Inc. grew its holdings in shares of RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after acquiring an additional 69 shares during the period. GAMMA Investing LLC grew its holdings in shares of RH by 146.1% in the first quarter. GAMMA Investing LLC now owns 187 shares of the company's stock worth $44,000 after acquiring an additional 111 shares during the period. NBC Securities Inc. bought a new stake in shares of RH in the first quarter worth $45,000. Finally, Golden State Wealth Management LLC grew its holdings in RH by 100.6% during the first quarter. Golden State Wealth Management LLC now owns 347 shares of the company's stock valued at $81,000 after purchasing an additional 174 shares during the period. Hedge funds and other institutional investors own 90.17% of the company's stock.

RH Price Performance

Shares of RH traded up $14.03 during mid-day trading on Thursday, reaching $235.25. 1,021,337 shares of the company's stock traded hands, compared to its average volume of 1,291,859. The stock has a market cap of $4.41 billion, a P/E ratio of 56.01, a P/E/G ratio of 0.65 and a beta of 2.15. The stock's 50-day moving average is $213.48 and its two-hundred day moving average is $215.47. RH has a 12 month low of $123.03 and a 12 month high of $457.26.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported $0.13 earnings per share (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 company had revenue of $813.95 million for the quarter, compared to analysts' expectations of $817.66 million. During the same quarter in the prior year, the firm earned ($0.40) earnings per share. RH's 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. Research analysts predict that RH will post 4.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on RH. Citigroup boosted their price objective on RH from $200.00 to $233.00 and gave the company a "neutral" rating in a research report on Wednesday. Wall Street Zen upgraded RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Robert W. Baird raised their price target on RH from $215.00 to $230.00 and gave the company a "neutral" rating in a report on Monday, June 16th. Zelman & Associates reduced their price objective on RH from $305.00 to $251.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 9th. Finally, UBS Group reduced their price objective on RH from $235.00 to $215.00 and set a "neutral" rating on the stock in a research note on Thursday, June 5th. Ten equities 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's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $272.29.

RH Company 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.