Restoration Hardware Holdings Inc. (NYSE:RH) was the target of some unusual options trading on Thursday. Stock traders acquired 15,757 put options on the stock. This represents an increase of approximately 342% compared to the average volume of 3,563 put options.

Restoration Hardware Holdings (NYSE RH) opened at 70.65 on Friday. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of 184.95 and a beta of 1.53. The company’s 50 day moving average price is $56.88 and its 200-day moving average price is $51.47. Restoration Hardware Holdings has a 12-month low of $24.41 and a 12-month high of $79.91.

Restoration Hardware Holdings (NYSE:RH) last posted its earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.18. The company had revenue of $615.30 million during the quarter, compared to the consensus estimate of $606.38 million. During the same quarter in the prior year, the business earned $0.44 EPS. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. On average, equities analysts anticipate that Restoration Hardware Holdings will post $2.50 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the company. Flinton Capital Management LLC increased its position in shares of Restoration Hardware Holdings by 41.4% during the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock valued at $102,000 after acquiring an additional 464 shares during the last quarter. Riverhead Capital Management LLC increased its position in shares of Restoration Hardware Holdings by 58.2% during the second quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock valued at $122,000 after acquiring an additional 698 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Restoration Hardware Holdings by 12.6% during the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock valued at $106,000 after acquiring an additional 255 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its position in shares of Restoration Hardware Holdings by 24.3% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 11,440 shares of the company’s stock valued at $529,000 after acquiring an additional 2,240 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of Restoration Hardware Holdings during the first quarter valued at approximately $204,000. Institutional investors own 95.53% of the company’s stock.

A number of equities research analysts recently issued reports on the company. UBS AG reissued a “neutral” rating and issued a $45.00 target price on shares of Restoration Hardware Holdings in a research report on Saturday, June 3rd. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Restoration Hardware Holdings in a research report on Saturday, June 3rd. Loop Capital reissued a “hold” rating and issued a $55.00 target price on shares of Restoration Hardware Holdings in a research report on Friday. Bank of America Corporation lifted their target price on Restoration Hardware Holdings from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Cowen and Company reissued a “market perform” rating and issued a $61.00 target price (up previously from $44.00) on shares of Restoration Hardware Holdings in a research report on Thursday. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company. Restoration Hardware Holdings presently has a consensus rating of “Hold” and an average target price of $59.55.

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Restoration Hardware Holdings Company Profile

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

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