Pear Tree Advisors Inc buys $1,301,781 stake in Restoration Hardware Holdings Inc (RH)

Restoration Hardware Holdings Inc (RH) : Pear Tree Advisors Inc scooped up 33,500 additional shares in Restoration Hardware Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 41,458 shares of Restoration Hardware Holdings Inc which is valued at $1,301,781.Restoration Hardware Holdings Inc makes up approximately 0.52% of Pear Tree Advisors Inc’s portfolio.

Other Hedge Funds, Including , Cable Hill Partners sold out all of its stake in RH during the most recent quarter. The investment firm sold 17 shares of RH which is valued $534. Advisors Asset Management added RH to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $30,510. Global Thematic Partners added RH to its portfolio by purchasing 1,052,797 company shares during the most recent quarter which is valued at $31,078,567. Restoration Hardware Holdings Inc makes up approx 0.72% of Global Thematic Partners’s portfolio.Quantitative Investment Management boosted its stake in RH in the latest quarter, The investment management firm added 33,100 additional shares and now holds a total of 174,900 shares of Restoration Hardware Holdings Inc which is valued at $5,059,857. Restoration Hardware Holdings Inc makes up approx 0.23% of Quantitative Investment Management’s portfolio. Mizuho Securities Usa added RH to its portfolio by purchasing 63,700 company shares during the most recent quarter which is valued at $1,937,754. Restoration Hardware Holdings Inc makes up approx 0.35% of Mizuho Securities Usa’s portfolio.

Restoration Hardware Holdings Inc opened for trading at $32.85 and hit $34.41 on the upside on Monday, eventually ending the session at $33.73, with a gain of 3.50% or 1.14 points. The heightened volatility saw the trading volume jump to 20,71,572 shares. Company has a market cap of $1,370 M.

On the company’s financial health, Restoration Hardware Holdings Inc reported $-0.05 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Jun 8, 2016. Analyst had a consensus of $0.05. The company had revenue of $455.50 million for the quarter, compared to analysts expectations of $452.27 million. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on Restoration Hardware Holdings Inc. Restoration Hardware Holdings Inc was Upgraded by Goldman to ” Buy” on Aug 19, 2016. Shares were Reiterated by Deutsche Bank on Jun 28, 2016 to “Hold” and Lowered the Price Target to $ 28 from a previous price target of $35 .Restoration Hardware Holdings Inc was Downgraded by Longbow to ” Neutral” on Jun 9, 2016.

Restoration Hardware Holdings Inc. (RH) is a holding company. The Company together with its subsidiaries is a luxury home furnishings retailer that offers various categories including furniture lighting textiles bathware decor outdoor and garden tableware and children’s furnishings. These products are sold through the Company’s stores catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states the District of Columbia and Canada and had sourcing operations in Shanghai and Hong Kong. The Company’s retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama Arizona California Colorado Connecticut Florida Massachusetts Michigan New York Pennsylvania Texas Tennessee and British Columbia among others. Its Websites www.restorationhardware.com and www.rh.com provide its customers to purchase its merchandise online.

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