Cibc World Market Inc. Purchases 6,734 Shares of RH $RH

Cibc World Market Inc. raised its position in shares of RH (NYSE:RH) by 45.9% in the fourth quarter, Holdings Channel reports. The fund owned 21,413 shares of the company’s stock after buying an additional 6,734 shares during the quarter. Cibc World Market Inc.’s holdings in RH were worth $3,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Clearstead Advisors LLC lifted its stake in shares of RH by 713.3% in the third quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 107 shares during the period. Huntington National Bank lifted its stake in shares of RH by 87.8% in the third quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after buying an additional 65 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in shares of RH in the third quarter valued at about $30,000. Advisory Services Network LLC bought a new stake in shares of RH in the third quarter valued at about $31,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of RH by 169.1% in the third quarter. Hantz Financial Services Inc. now owns 218 shares of the company’s stock valued at $44,000 after buying an additional 137 shares during the period. 90.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other RH news, insider Eri Chaya sold 11,000 shares of RH stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have sold a total of 25,000 shares of company stock valued at $3,370,440 over the last 90 days. Insiders own 26.90% of the company’s stock.

RH Stock Performance

Shares of RH stock opened at $147.10 on Tuesday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 23.31, a P/E/G ratio of 2.45 and a beta of 1.91. The company has a debt-to-equity ratio of 51.28, a quick ratio of 0.31 and a current ratio of 1.19. RH has a 52 week low of $106.30 and a 52 week high of $257.00. The firm’s 50-day simple moving average is $133.28 and its two-hundred day simple moving average is $162.72.

RH (NYSE:RH) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $1.53 EPS for the quarter, missing the consensus estimate of $2.21 by ($0.68). The company had revenue of $842.62 million during the quarter, compared to the consensus estimate of $873.48 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.The business’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.58 EPS. As a group, equities analysts forecast that RH will post 5.88 earnings per share for the current year.

Wall Street Analyst Weigh In

RH has been the subject of several research reports. Guggenheim reiterated a “buy” rating and issued a $200.00 target price on shares of RH in a research note on Monday, April 27th. BNP Paribas Exane reduced their target price on shares of RH from $130.00 to $96.00 and set a “strong sell” rating for the company in a research note on Wednesday, April 1st. Weiss Ratings cut shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Wall Street Zen cut shares of RH from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $240.00 target price on shares of RH in a research note on Monday, May 11th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $175.13.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.