Restoration Hardware Holdings Inc. (NYSE:RH) CEO Gary G. Friedman purchased 10,300 shares of the stock in a transaction dated Tuesday, December 12th. The shares were purchased at an average price of $97.09 per share, for a total transaction of $1,000,027.00. Following the completion of the transaction, the chief executive officer now owns 2,245,710 shares in the company, valued at approximately $218,035,983.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Restoration Hardware Holdings Inc. (NYSE:RH) traded down $6.23 during midday trading on Wednesday, hitting $96.88. The company had a trading volume of 1,205,200 shares, compared to its average volume of 1,969,636. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40. The firm has a market cap of $2,197.27, a PE ratio of 42.61, a price-to-earnings-growth ratio of 1.02 and a beta of 1.71. Restoration Hardware Holdings Inc. has a twelve month low of $24.41 and a twelve month high of $109.53.

Restoration Hardware (NYSE:RH) last issued its earnings results on Tuesday, December 5th. The company reported $1.04 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.04. The business had revenue of $592.50 million for the quarter, compared to analysts’ expectations of $592.46 million. Restoration Hardware had a return on equity of 20.04% and a net margin of 0.45%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. sell-side analysts expect that Restoration Hardware Holdings Inc. will post 2.92 EPS for the current year.

Several equities analysts have recently issued reports on RH shares. Zacks Investment Research cut Restoration Hardware from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. BidaskClub cut Restoration Hardware from a “sell” rating to a “strong sell” rating in a research report on Friday, August 25th. Deutsche Bank lifted their price target on Restoration Hardware from $100.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, November 14th. Loop Capital lifted their price target on Restoration Hardware from $55.00 to $65.00 and gave the company a “hold” rating in a research report on Wednesday, October 11th. Finally, Barclays lifted their price target on Restoration Hardware from $65.00 to $120.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $79.07.

Several hedge funds and other institutional investors have recently modified their holdings of RH. Flinton Capital Management LLC grew its holdings in shares of Restoration Hardware by 41.4% in the 2nd quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after acquiring an additional 464 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Restoration Hardware by 12.6% in the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after buying an additional 255 shares during the period. Riverhead Capital Management LLC boosted its position in shares of Restoration Hardware by 58.2% in the second quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after buying an additional 698 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Restoration Hardware in the third quarter worth $274,000. Institutional investors and hedge funds own 95.71% of the company’s stock.

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Restoration Hardware 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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