Restoration Hardware Holdings Inc’s Trend Up, Especially After This Options Activity

 Restoration Hardware Holdings Inc's Trend Up, Especially After This Options Activity

In today’s session Restoration Hardware Holdings Inc (RH) registered an unusually high (283) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious RH increase. With 283 contracts traded and 8874 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: RH161216C00035000 closed last at: $1.65 or 65% up. About 514,972 shares traded hands. Restoration Hardware Holdings Inc (NYSE:RH) has declined 26.56% since April 12, 2016 and is downtrending. It has underperformed by 31.54% the S&P500.

Restoration Hardware Holdings Inc (NYSE:RH) Ratings Coverage

Out of 17 analysts covering Restoration Hardware Holdings (NYSE:RH), 5 rate it a “Buy”, 0 “Sell”, while 12 “Hold”. This means 29% are positive. $119 is the highest target while $28 is the lowest. The $52.67 average target is 57.04% above today’s ($33.54) stock price. Restoration Hardware Holdings has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was downgraded by UBS to “Neutral” on Thursday, June 9. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Buy” rating given on Thursday, December 17 by Sterne Agee CRT. Longbow initiated the stock with “Buy” rating in Tuesday, May 10 report. The rating was initiated by Guggenheim with “Buy” on Thursday, December 17. The firm has “Neutral” rating given on Thursday, June 9 by Goldman Sachs. The company was maintained on Friday, September 9 by Telsey Advisory Group. The firm has “Buy” rating given on Thursday, February 4 by Deutsche Bank. The rating was downgraded by Longbow to “Neutral” on Thursday, June 9. Deutsche Bank maintained it with “Buy” rating and $60 target price in Thursday, February 25 report. The firm has “Buy” rating given on Thursday, February 25 by Nomura.

According to Zacks Investment Research, “Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace, offering product assortments across a number of categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, as well as baby and child products. The Company’s business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites. Restoration Hardware Holdings, Inc. is based in Corte Madera, California.”

Insitutional Activity: The institutional sentiment increased to 1.09 in 2016 Q2. Its up 0.35, from 0.74 in 2016Q1. The ratio improved, as 57 funds sold all Restoration Hardware Holdings Inc shares owned while 45 reduced positions. 56 funds bought stakes while 55 increased positions. They now own 41.77 million shares or 7.46% more from 38.87 million shares in 2016Q1.
Miura Limited holds 4.16% of its portfolio in Restoration Hardware Holdings Inc (NYSE:RH) for 1.35M shares. State Board Of Administration Of Florida Retirement Sys holds 0% or 17,131 shares in its portfolio. Federated Invsts Pa owns 91,463 shares or 0.01% of their US portfolio. Nordea Invest Mngmt Ab has 0.02% invested in the company for 217,516 shares. Citigroup last reported 0% of its portfolio in the stock. Advisory Serv Ltd Liability Corporation holds 3,950 shares or 0.03% of its portfolio. Liberty Mutual Grp Inc Asset Mngmt owns 16,231 shares or 0.02% of their US portfolio. Numeric Invsts Lc has 85,800 shares for 0.02% of their US portfolio. Timber Hill Limited Liability Corp accumulated 15,193 shares or 0% of the stock. Hap Trading Ltd Limited Liability Company has 0.08% invested in the company for 49,325 shares. Signaturefd Limited Liability Corporation accumulated 12 shares or 0% of the stock. Advantus Cap Mngmt has 0% invested in the company for 4,573 shares. Jefferies Group Limited Liability Co owns 98,400 shares or 0.01% of their US portfolio. The Texas-based Services Automobile Association has invested 0.01% in Restoration Hardware Holdings Inc (NYSE:RH). The Pennsylvania-based Stoneridge Invest Prtn Limited Liability Co has invested 0.08% in Restoration Hardware Holdings Inc (NYSE:RH).

Insider Transactions: Since July 15, 2016, the stock had 1 buy, and 0 sales for $908,208 net activity. The insider FRIEDMAN GARY G bought $908,208.

Restoration Hardware Holdings, Inc. is a luxury retailer in the home furnishings marketplace. The company has a market cap of $1.39 billion. The Firm offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. It has a 30.12 P/E ratio. RH classifies its sales into furniture, including both indoor and outdoor furniture, and non-furniture, including lighting, textiles, accessories and home decor, product lines.

RH Company Profile

Restoration Hardware Holdings, Inc. (RH), incorporated on August 18, 2011, is a luxury retailer in the home furnishings marketplace. The Firm 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 and non-furniture product lines. The Furniture category includes both indoor and outdoor furniture. The Non-furniture category includes lighting, textiles, accessories and home decor. The Firm produces a series of catalogs (Source Books), to showcase its merchandise assortment. The Company’s business is integrated across its channels of distribution, consisting of its stores, catalogs, including its Source Books, and Websites. The Firm operates a total of approximately 69 retail galleries, including 53 legacy Galleries, six larger format Design Galleries, four next generation Design Galleries, one RH Modern Gallery and five RH Baby & Child Galleries, as well as 17 outlet stores, across the United States and Canada.

More notable recent Restoration Hardware Holdings Inc (NYSE:RH) news were published by: Fool.com which released: “Why Restoration Hardware Holdings, Inc. Stock Plummeted Today” on June 09, 2016, also Businesswire.com with their article: “RH Introduces a Fully Integrated Design Platform With the Launch of RH …” published on November 07, 2016, Marketwatch.com published: “Restoration Hardware’s stock surges as Goldman Sachs turns bullish” on August 19, 2016. More interesting news about Restoration Hardware Holdings Inc (NYSE:RH) were released by: Fool.com and their article: “Why Restoration Hardware Holdings, Inc. Shares Jumped 11% on Friday” published on August 21, 2016 as well as Investorplace.com‘s news article titled: “Restoration Hardware Holdings Inc (RH) Pops on Williams-Sonoma, Inc. (WSM …” with publication date: September 29, 2016.

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