Restoration Hardware Holdings Inc. (NYSE:RH) shares were down 3.4% during trading on Tuesday . The stock traded as low as $29.29 and last traded at $29.51, with a volume of 972,606 shares. The stock had previously closed at $30.56.

Several research analysts recently commented on RH shares. Robert W. Baird reduced their target price on Restoration Hardware Holdings from $52.00 to $42.00 and set a “neutral” rating for the company in a research report on Wednesday, March 30th. Telsey Advisory Group reduced their target price on Restoration Hardware Holdings from $55.00 to $49.00 and set an “outperform” rating for the company in a research report on Wednesday, March 30th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $35.00 target price (down from $50.00) on shares of Restoration Hardware Holdings in a research report on Wednesday, June 8th. Raymond James Financial Inc. reduced their target price on Restoration Hardware Holdings from $65.00 to $60.00 and set a “strong-buy” rating for the company in a research report on Wednesday, March 30th. Finally, Vetr raised Restoration Hardware Holdings from a “buy” rating to a “strong-buy” rating and set a $49.99 target price for the company in a research report on Friday, April 29th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $48.16.

The stock has a 50-day moving average of $28.81 and a 200-day moving average of $40.73. The company has a market capitalization of $1.21 billion and a P/E ratio of 17.61.

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

In related news, Director Keith Belling bought 4,000 shares of the stock in a transaction dated Tuesday, June 28th. The stock was bought at an average price of $25.37 per share, with a total value of $101,480.00. Following the purchase, the director now owns 18,608 shares in the company, valued at approximately $472,084.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary G. Friedman bought 32,918 shares of the stock in a transaction dated Friday, July 15th. The stock was bought at an average cost of $27.59 per share, with a total value of $908,207.62. Following the purchase, the chief executive officer now owns 2,207,451 shares in the company, valued at approximately $60,903,573.09. The disclosure for this purchase can be found here.

Several large investors recently added to or reduced their stakes in RH. Family Management Corp raised its stake in Restoration Hardware Holdings by 7.5% in the fourth quarter. Family Management Corp now owns 18,975 shares of the company’s stock worth $1,508,000 after buying an additional 1,325 shares during the period. Nationwide Fund Advisors raised its stake in Restoration Hardware Holdings by 2.1% in the fourth quarter. Nationwide Fund Advisors now owns 21,948 shares of the company’s stock worth $1,744,000 after buying an additional 443 shares during the period. BOKF NA raised its stake in Restoration Hardware Holdings by 45.4% in the fourth quarter. BOKF NA now owns 26,445 shares of the company’s stock worth $2,101,000 after buying an additional 8,259 shares during the period. First Trust Advisors LP raised its stake in Restoration Hardware Holdings by 1.0% in the fourth quarter. First Trust Advisors LP now owns 29,342 shares of the company’s stock worth $2,331,000 after buying an additional 292 shares during the period. Finally, Rhumbline Advisers raised its stake in Restoration Hardware Holdings by 8.5% in the fourth quarter. Rhumbline Advisers now owns 32,014 shares of the company’s stock worth $2,544,000 after buying an additional 2,521 shares during the period.

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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