Trexquant Investment LP Takes $9.58 Million Position in RH $RH

Key Points

• Trexquant Investment LP acquired a stake in RH valued at approximately $9.57 million, owning 0.22% of the company as of their most recent SEC filing.
• Various large investors, including AlphaQuest LLC and Golden State Wealth Management LLC, have made changes to their positions in RH, indicating growing institutional interest with over 90% of the stock owned by institutional investors.
• RH reported earnings of $0.13 per share in its latest quarterly report, exceeding expectations, with a significant revenue increase of 12% year-over-year, but still fell short of analysts' revenue estimates.

Trexquant Investment LP acquired a new stake in shares of RH (NYSE:RH - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,848 shares of the company's stock, valued at approximately $9,575,000. Trexquant Investment LP owned 0.22% of RH at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AlphaQuest LLC purchased a new position in RH during the first quarter valued at $29,000. Sunbelt Securities Inc. lifted its position in RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock valued at $31,000 after buying an additional 69 shares during the period. GAMMA Investing LLC increased its holdings in shares of RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company's stock valued at $44,000 after acquiring an additional 111 shares in the last quarter. NBC Securities Inc. bought a new position in shares of RH during the first quarter valued at $45,000. Finally, Golden State Wealth Management LLC increased its holdings in shares of 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 acquiring an additional 174 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company's stock.

RH Stock Performance

NYSE:RH traded down $4.10 during trading hours on Tuesday, reaching $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 company has a 50 day moving average price of $212.06 and a two-hundred day moving average price of $215.39. The stock has a market capitalization of $4.15 billion, a PE ratio of 52.75, a PEG ratio of 0.65 and a beta of 2.15.

RH (NYSE:RH - Get Free Report) last released its quarterly earnings data on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.20. RH had a negative return on equity of 67.71% and a net margin of 2.57%.The business had revenue of $813.95 million for the quarter, compared to the consensus estimate of $817.66 million. During the same quarter in the previous year, the company posted ($0.40) EPS. The company'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. Equities research analysts predict that RH will post 4.39 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on RH. UBS Group reduced their price target on RH from $235.00 to $215.00 and set a "neutral" rating for the company in a report on Thursday, June 5th. The Goldman Sachs Group downgraded RH from a "neutral" rating to a "sell" rating and reduced their price target for the company from $199.00 to $179.00 in a report on Tuesday, June 24th. Wall Street Zen upgraded RH from a "sell" rating to a "hold" rating in a 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. Finally, Zelman & Associates reduced their price target on RH from $305.00 to $251.00 and set an "outperform" rating for the company in a report on Wednesday, July 9th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $270.35.

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.