Atlas Capital Advisors Inc. bought a new stake in Arhaus, Inc. (NASDAQ:ARHS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 223,512 shares of the company’s stock, valued at approximately $2,506,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in ARHS. Larson Financial Group LLC grew its stake in shares of Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after acquiring an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Arhaus by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after acquiring an additional 1,326 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Arhaus by 4.6% during the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock worth $442,000 after acquiring an additional 1,725 shares during the last quarter. AlphaQuest LLC grew its stake in shares of Arhaus by 68.2% during the third quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock worth $50,000 after acquiring an additional 1,922 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG grew its stake in shares of Arhaus by 1.9% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock worth $1,183,000 after acquiring an additional 2,070 shares during the last quarter. Hedge funds and other institutional investors own 27.88% of the company’s stock.
Arhaus Trading Up 1.4%
Shares of NASDAQ:ARHS opened at $7.17 on Friday. Arhaus, Inc. has a 12-month low of $5.57 and a 12-month high of $12.98. The company has a market capitalization of $1.01 billion, a PE ratio of 15.26, a PEG ratio of 1.60 and a beta of 2.33. The business has a 50 day moving average of $6.76 and a two-hundred day moving average of $8.65. The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group dropped their price target on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Robert W. Baird set a $8.00 price target on Arhaus in a research note on Friday, May 8th. Guggenheim dropped their price target on Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Telsey Advisory Group set a $8.00 price target on Arhaus and gave the stock a “market perform” rating in a research note on Friday, May 8th. Finally, Piper Sandler dropped their price target on Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $9.58.
Get Our Latest Analysis on Arhaus
About Arhaus
Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.
The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.
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