Y Intercept Hong Kong Ltd Cuts Stake in RH $RH

Y Intercept Hong Kong Ltd cut its holdings in shares of RH (NYSE:RH) by 24.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,560 shares of the company’s stock after selling 4,105 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.07% of RH worth $2,552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RH. Davidson Kahn Capital Management LLC increased its position in shares of RH by 0.5% during the third quarter. Davidson Kahn Capital Management LLC now owns 12,437 shares of the company’s stock worth $2,531,000 after acquiring an additional 65 shares during the period. Mitsubishi UFJ Trust & Banking Corp acquired a new position in RH during the 3rd quarter worth $453,000. Covenant Asset Management LLC increased its holdings in RH by 231.0% during the 3rd quarter. Covenant Asset Management LLC now owns 32,105 shares of the company’s stock worth $6,522,000 after purchasing an additional 22,405 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in RH by 38.2% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,678 shares of the company’s stock worth $341,000 after purchasing an additional 464 shares during the period. Finally, Game Plan Financial Advisors LLC raised its position in RH by 4.1% in the 3rd quarter. Game Plan Financial Advisors LLC now owns 8,726 shares of the company’s stock valued at $1,773,000 after purchasing an additional 341 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Revenue trend and analyst outlook — RH reported revenue up ~8.9% year-over-year in the most recent quarter and Wall Street still models continued earnings improvement (consensus ~4.39 EPS for the fiscal year). Those fundamentals provide a recovery thesis if management execution stabilizes.
• Neutral Sentiment: Leadership transition in Gallery Operations — RH said it reached a mutual understanding with its Chief Gallery executive on a leadership transition; the move appears orderly but creates short‑term execution risk as galleries are a core part of RH’s higher-margin strategy. RH Announces Leadership Transition in Gallery Operations
• Negative Sentiment: Earnings miss and profitability pressure — RH missed EPS in its December quarter (reported $1.71 vs. $2.13 expected) despite revenue broadly in line, and trailing net margin is thin. That miss increases scrutiny on near-term same‑store/galleries performance and margin recovery plans.
• Negative Sentiment: High leverage and volatility amplify downside risk — RH’s balance sheet metrics (very high reported debt-to-equity, low quick ratio) plus a beta >2 mean the stock is sensitive to execution news; leadership turnover raises concerns on execution while the company works to restore margins.

RH Stock Down 0.4%

Shares of NYSE RH opened at $209.02 on Wednesday. The business has a 50-day moving average price of $184.43 and a 200 day moving average price of $196.42. The stock has a market cap of $3.93 billion, a PE ratio of 37.73, a price-to-earnings-growth ratio of 1.64 and a beta of 2.09. The company has a quick ratio of 0.26, a current ratio of 1.19 and a debt-to-equity ratio of 944.39. RH has a 52-week low of $123.03 and a 52-week high of $436.99.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). The firm had revenue of $883.81 million during the quarter, compared to analysts’ expectations of $883.65 million. RH had a net margin of 3.22% and a negative return on equity of 161.72%. RH’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.48 EPS. Equities research analysts forecast that RH will post 4.39 earnings per share for the current year.

Analysts Set New Price Targets

RH has been the topic of a number of recent research reports. Stifel Nicolaus restated a “hold” rating and set a $165.00 target price (down from $320.00) on shares of RH in a research note on Friday, December 12th. Bank of America dropped their price objective on shares of RH from $200.00 to $170.00 and set an “underperform” rating on the stock in a research report on Friday, December 12th. Morgan Stanley raised their price objective on shares of RH from $250.00 to $275.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Telsey Advisory Group lowered their target price on shares of RH from $220.00 to $185.00 and set a “market perform” rating for the company in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. cut their price target on RH from $275.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, December 19th. Eight research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, RH presently has an average rating of “Hold” and a consensus price target of $231.19.

Insider Transactions at RH

In other RH news, Director Mark S. Demilio sold 2,254 shares of RH stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total value of $495,880.00. Following the transaction, the director directly owned 19,962 shares in the company, valued at approximately $4,391,640. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 5,154 shares of company stock worth $1,100,148. Company insiders own 27.00% of the company’s stock.

RH Profile

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.