Restoration Hardware Holdings Inc. (NYSE:RH) shares fell 3.3% during trading on Wednesday . The stock traded as low as $34.14 and last traded at $34.39, with a volume of 1,229,127 shares changing hands. The stock had previously closed at $35.55.

Several brokerages have commented on RH. Vetr downgraded shares of Restoration Hardware Holdings from a “hold” rating to a “sell” rating and set a $29.91 price target for the company. in a report on Monday, August 15th. Cowen and Company cut their price target on shares of Restoration Hardware Holdings to $35.00 in a report on Thursday, June 9th. Deutsche Bank AG downgraded shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating and cut their price target for the company from $50.00 to $35.00 in a report on Thursday, June 9th. Barclays PLC reissued a “hold” rating and issued a $50.00 price target on shares of Restoration Hardware Holdings in a report on Friday, June 10th. Finally, Piper Jaffray Cos. reissued a “neutral” rating and issued a $32.00 price target (down from $46.00) on shares of Restoration Hardware Holdings in a report on Thursday, June 9th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $45.24.

The stock has a market cap of $1.41 billion and a PE ratio of 20.53. The stock’s 50-day moving average price is $30.54 and its 200-day moving average price is $36.13.

Restoration Hardware Holdings (NYSE:RH) last issued its earnings results on Wednesday, June 8th. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ 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 company posted $0.23 EPS. The business’s revenue was up 7.8% compared to the same quarter last year. On average, equities analysts expect that Restoration Hardware Holdings Inc. will post $1.66 EPS for the current fiscal year.

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

An institutional investor recently raised its position in Restoration Hardware Holdings stock. State of New Jersey Common Pension Fund D raised its stake in Restoration Hardware Holdings Inc. (NYSE:RH) by 27.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 69,900 shares of the company’s stock after buying an additional 15,000 shares during the period. State of New Jersey Common Pension Fund D owned about 0.17% of Restoration Hardware Holdings worth $5,554,000 as of its most recent filing with the SEC.

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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