Shares of Restoration Hardware Holdings Inc. (NYSE:RH) gapped up prior to trading on Monday . The stock had previously closed at $29.28, but opened at $29.52. Restoration Hardware Holdings shares last traded at $30.87, with a volume of 851,263 shares trading hands.

Several analysts have recently weighed in on the stock. Cowen and Company dropped their price target on shares of Restoration Hardware Holdings to $35.00 in a research note on Thursday, June 9th. Deutsche Bank AG cut shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating and dropped their price target for the company from $50.00 to $35.00 in a research note on Thursday, June 9th. Vetr cut shares of Restoration Hardware Holdings from a “strong-buy” rating to a “hold” rating and set a $29.96 price target for the company. in a research note on Monday, July 11th. Barclays PLC reissued a “hold” rating and issued a $50.00 price target on shares of Restoration Hardware Holdings in a research note on Friday, June 10th. Finally, Piper Jaffray Cos. reissued a “neutral” rating and issued a $32.00 price target (down previously from $46.00) on shares of Restoration Hardware Holdings in a research note on Thursday, June 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $44.84.

The stock has a market cap of $1.24 billion and a price-to-earnings ratio of 18.05. The firm’s 50 day moving average price is $28.96 and its 200 day moving average price is $38.33.

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 consensus estimate of $0.05 by $0.10. The company had revenue of $455.50 million for the quarter, compared to analysts’ expectations of $452.86 million. During the same period last year, the business earned $0.23 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. Equities research analysts anticipate that Restoration Hardware Holdings Inc. will post $1.65 earnings per share for the current fiscal year.

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

A number of institutional investors recently modified their holdings of RH. Nationwide Fund Advisors raised its position in shares of Restoration Hardware Holdings by 2.1% in the fourth quarter. Nationwide Fund Advisors now owns 21,948 shares of the company’s stock valued at $1,744,000 after buying an additional 443 shares during the period. First Trust Advisors LP increased 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 valued at $2,331,000 after buying an additional 292 shares in the last quarter. Rhumbline Advisers increased 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 valued at $2,544,000 after buying an additional 2,521 shares in the last quarter. Marshall Wace LLP acquired a new stake in Restoration Hardware Holdings during the fourth quarter valued at about $3,359,000. Finally, State of New Jersey Common Pension Fund D increased its stake in Restoration Hardware Holdings by 27.3% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 69,900 shares of the company’s stock valued at $5,554,000 after buying an additional 15,000 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.