Restoration Hardware Holdings Inc. (NYSE:RH) shares traded up 7.8% on Friday . The stock traded as high as $34.37 and last traded at $33.16, with a volume of 4,960,030 shares trading hands. The stock had previously closed at $30.77.

Several research analysts have weighed in on the stock. Vetr lowered shares of Restoration Hardware Holdings from a “strong-buy” rating to a “buy” rating and set a $50.84 price objective on the stock. in a research note on Tuesday, April 26th. Longbow Research lowered shares of Restoration Hardware Holdings from a “buy” rating to a “neutral” rating in a research note on Thursday, June 9th. Robert W. Baird reiterated a “hold” rating on shares of Restoration Hardware Holdings in a research note on Monday, May 16th. Barclays PLC reiterated a “hold” rating and issued a $50.00 price objective on shares of Restoration Hardware Holdings in a research note on Friday, June 10th. Finally, Telsey Advisory Group downgraded shares of Restoration Hardware Holdings from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $49.00 to $30.00 in a research report on Thursday, June 9th. Two equities 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’s stock. Restoration Hardware Holdings currently has an average rating of “Hold” and an average target price of $45.06.

The stock’s 50-day moving average price is $29.86 and its 200 day moving average price is $36.89. The firm has a market capitalization of $1.37 billion and a P/E ratio of 20.00.

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 the Zacks’ consensus estimate of $0.05 by $0.10. During the same quarter in the previous year, the business earned $0.23 EPS. The firm had revenue of $455.50 million for the quarter, compared to the consensus estimate of $452.86 million. The firm’s revenue was up 7.8% compared to the same quarter last year. On average, equities analysts forecast that Restoration Hardware Holdings Inc. will post $1.66 earnings per share for the current year.

In other Restoration Hardware Holdings news, CEO Gary G. Friedman acquired 32,918 shares of the stock in a transaction dated Friday, July 15th. The shares were bought at an average cost of $27.59 per share, for a total transaction of $908,207.62. Following the completion of the acquisition, the chief executive officer now directly owns 2,207,451 shares of the company’s stock, valued at $60,903,573.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Keith Belling acquired 4,000 shares of the stock in a transaction dated Tuesday, June 28th. The stock was acquired at an average price of $25.37 per share, for a total transaction of $101,480.00. Following the completion of the acquisition, the director now directly 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 have bought and sold shares of the stock. Westfield Capital Management Co. LP increased its stake in 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 period. Marshall Wace LLP purchased a new position in shares of Restoration Hardware Holdings during the fourth quarter worth $3,359,000. Rail Splitter Capital Management LLC increased its position in shares of Restoration Hardware Holdings by 1.8% in the fourth quarter. Rail Splitter Capital Management LLC now owns 111,813 shares of the company’s stock worth $8,884,000 after buying an additional 1,970 shares during the last quarter. Jennison Associates LLC increased 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. Finally, State of New Jersey Common Pension Fund D increased its position in shares of 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 worth $5,554,000 after buying an additional 15,000 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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