Restoration Hardware Holdings Inc. (NYSE:RH)’s share price traded up 5.3% on Friday . The stock traded as high as $29.66 and last traded at $29.61, with a volume of 1,487,825 shares trading hands. The stock had previously closed at $28.13.

Several equities analysts have recently weighed in on the company. Vetr upgraded Restoration Hardware Holdings from a “buy” rating to a “strong-buy” rating and set a $49.99 price target for the company in a research report on Friday, April 29th. Nomura reissued a “buy” rating and set a $60.00 price objective (down previously from $75.00) on shares of Restoration Hardware Holdings in a research note on Thursday, June 9th. Piper Jaffray Cos. reissued a “neutral” rating and set a $32.00 price objective (down previously from $46.00) on shares of Restoration Hardware Holdings in a research note on Thursday, June 9th. Deutsche Bank AG lowered Restoration Hardware Holdings from a “buy” rating to a “hold” rating and dropped their price objective for the company from $50.00 to $35.00 in a research note on Thursday, June 9th. Finally, Longbow Research lowered Restoration Hardware Holdings from a “buy” rating to a “neutral” rating in a research note on Thursday, June 9th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. Restoration Hardware Holdings presently has a consensus rating of “Hold” and a consensus price target of $44.80.

The stock’s 50-day moving average price is $28.83 and its 200 day moving average price is $38.90. The firm has a market cap of $1.20 billion and a P/E ratio of 17.49.

Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings results on Wednesday, June 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.10. The business earned $455.50 million during the quarter, compared to analyst estimates of $452.86 million. During the same period in the previous year, the firm earned $0.23 EPS. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Analysts forecast that Restoration Hardware Holdings Inc. will post $1.65 earnings per share for the current year.

In other news, CEO Gary G. Friedman acquired 32,918 shares of the business’s stock in a transaction dated Friday, July 15th. The stock was purchased at an average price of $27.59 per share, for a total transaction of $908,207.62. Following the completion of the transaction, the chief executive officer now directly owns 2,207,451 shares in the company, valued at approximately $60,903,573.09. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Belling acquired 4,000 shares of the business’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 transaction, the director now owns 18,608 shares of the company’s stock, valued at $472,084.96. The disclosure for this purchase can be found here.

Several hedge funds and institutional investors have recently modified their holdings of RH. Eagle Asset Management purchased a new position in shares of Restoration Hardware Holdings during the third quarter worth $43,740,000. RS Investment Management Co. LLC raised its position in shares of Restoration Hardware Holdings by 22.6% in the fourth quarter. RS Investment Management Co. LLC now owns 1,616,866 shares of the company’s stock worth $128,460,000 after buying an additional 297,780 shares during the last quarter. Westfield Capital Management Co. LP raised its position in shares of Restoration Hardware Holdings by 9.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,091,118 shares of the company’s stock worth $86,689,000 after buying an additional 94,712 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Restoration Hardware Holdings during the fourth quarter worth $3,359,000. Finally, Jennison Associates LLC raised its position in shares of Restoration Hardware Holdings by 6.4% in the fourth quarter. Jennison Associates LLC now owns 644,476 shares of the company’s stock worth $51,204,000 after buying an additional 38,568 shares during 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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