Restoration Hardware Holdings Inc. (NYSE:RH) traded up 7.8% during mid-day trading on Friday . The company 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.

A number of equities research analysts recently issued reports on the stock. Vetr raised shares of Restoration Hardware Holdings from a “buy” rating to a “strong-buy” rating and set a $49.99 price target on the stock in a research note on Friday, April 29th. Nomura reaffirmed a “buy” rating and set a $60.00 price target (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 issued a $32.00 target price (down previously from $46.00) on shares of Restoration Hardware Holdings in a research note on Thursday, June 9th. Deutsche Bank AG downgraded shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating and reduced their target price for the company from $50.00 to $35.00 in a research note on Thursday, June 9th. Finally, Longbow Research downgraded shares of 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, eleven have issued a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $45.24.

The firm’s 50 day moving average price is $30.01 and its 200-day moving average price is $36.71. The stock has a market cap of $1.39 billion and a price-to-earnings ratio of 20.27.

Restoration Hardware Holdings (NYSE:RH) last announced its quarterly earnings results on Wednesday, June 8th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.10. During the same quarter last year, the firm posted $0.23 earnings per share. The firm had revenue of $455.50 million for the quarter, compared to analysts’ expectations of $452.86 million. The company’s revenue was up 7.8% on a year-over-year basis. On average, equities analysts predict that Restoration Hardware Holdings Inc. will post $1.66 earnings per share for the current fiscal year.

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

A number of hedge funds recently modified their holdings of RH. Marshall Wace LLP bought a new stake in shares of Restoration Hardware Holdings during the fourth quarter valued at about $3,359,000. State of New Jersey Common Pension Fund D raised its stake 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 valued at $5,554,000 after buying an additional 15,000 shares during the period. Rail Splitter Capital Management LLC raised its stake 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 valued at $8,884,000 after buying an additional 1,970 shares during the period. Jennison Associates LLC raised its stake 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 valued at $51,204,000 after buying an additional 38,568 shares during the period. Finally, Westfield Capital Management Co. LP raised its stake 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 valued at $86,689,000 after buying an additional 94,712 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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