Restoration Hardware Holdings Inc. (NYSE:RH) shares rose 4% during mid-day trading on Monday . The company traded as high as $31.28 and last traded at $30.79, with a volume of 1,929,109 shares trading hands. The stock had previously closed at $29.62.

RH has been the topic of a number of recent analyst reports. Robert W. Baird decreased their price objective on shares of Restoration Hardware Holdings from $52.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 30th. Telsey Advisory Group decreased their price objective on shares of Restoration Hardware Holdings from $55.00 to $49.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 30th. Nomura Holdings Inc. restated a “buy” rating and issued a $85.00 target price on shares of Restoration Hardware Holdings in a research report on Friday, March 18th. Deutsche Bank AG restated a “hold” rating and issued a $35.00 target price (down previously from $50.00) on shares of Restoration Hardware Holdings in a research report on Wednesday, June 8th. Finally, Raymond James Financial Inc. cut their target price on shares of Restoration Hardware Holdings from $65.00 to $60.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, March 30th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $48.16.

The stock’s 50-day moving average is $29.72 and its 200-day moving average is $43.66. The stock has a market cap of $1.22 billion and a price-to-earnings ratio of 17.84.

Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings results on Wednesday, June 8th. The company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.10. The firm had revenue of $455.50 million for the quarter, compared to analysts’ expectations of $452.86 million. During the same quarter last year, the firm earned $0.23 earnings per share. Restoration Hardware Holdings’s revenue was up 7.8% on a year-over-year basis. Equities research analysts expect that Restoration Hardware Holdings Inc. will post $1.65 EPS for the current year.

In related news, Director Keith Belling purchased 4,000 shares of the firm’s stock in a transaction dated Tuesday, June 28th. The shares were purchased at an average price of $25.37 per share, with a total value of $101,480.00. Following the acquisition, the director now directly owns 18,608 shares of the company’s stock, valued at $472,084.96. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Several institutional investors have added to or reduced their stakes in the stock. Jennison Associates LLC raised its position in Restoration Hardware Holdings by 6.4% in the fourth quarter. Jennison Associates LLC now owns 644,476 shares of the company’s stock valued at $51,204,000 after buying an additional 38,568 shares in the last quarter. Eagle Asset Management acquired a new position in Restoration Hardware Holdings during the third quarter valued at approximately $43,740,000. Dimensional Fund Advisors LP raised its position in Restoration Hardware Holdings by 19.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 227,307 shares of the company’s stock valued at $18,060,000 after buying an additional 36,475 shares in the last quarter. Bank of Montreal Can raised its position in Restoration Hardware Holdings by 9.2% in the fourth quarter. Bank of Montreal Can now owns 196,681 shares of the company’s stock valued at $15,627,000 after buying an additional 16,495 shares in the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its position in Restoration Hardware Holdings by 12.3% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 159,530 shares of the company’s stock valued at $12,675,000 after buying an additional 17,530 shares in the last quarter.

Restoration Hardware Holdings, Inc (RH) is a luxury retailer in the home furnishings marketplace. The Company offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. RH classifies its sales into furniture, including both indoor and outdoor furniture, and non-furniture, including lighting, textiles, accessories and home decor, product lines.

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