KBC Group NV held its position in Ethan Allen Interiors Inc. (NYSE:ETH) during the first quarter, Holdings Channel reports. The fund owned 17,652 shares of the company’s stock at the end of the first quarter. KBC Group NV’s holdings in Ethan Allen Interiors were worth $541,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ETH. State of Alaska Department of Revenue raised its position in Ethan Allen Interiors by 77.5% in the first quarter. State of Alaska Department of Revenue now owns 4,900 shares of the company’s stock worth $150,000 after buying an additional 2,140 shares during the period. Envestnet Asset Management Inc. raised its position in Ethan Allen Interiors by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock worth $153,000 after buying an additional 180 shares during the period. Mason Street Advisors LLC raised its position in Ethan Allen Interiors by 7.2% in the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock worth $183,000 after buying an additional 398 shares during the period. First Citizens Bank & Trust Co. raised its position in Ethan Allen Interiors by 4.9% in the first quarter. First Citizens Bank & Trust Co. now owns 7,149 shares of the company’s stock worth $219,000 after buying an additional 335 shares during the period. Finally, Highland Capital Management LP acquired a new position in Ethan Allen Interiors during the fourth quarter worth $240,000. 99.19% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Ethan Allen Interiors (NYSE:ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) opened at 29.65 on Tuesday. The company has a market cap of $821.19 million, a price-to-earnings ratio of 20.01 and a beta of 1.09. Ethan Allen Interiors Inc. has a 1-year low of $26.75 and a 1-year high of $38.80. The stock has a 50 day moving average price of $28.78 and a 200-day moving average price of $30.88.

Ethan Allen Interiors (NYSE:ETH) last issued its earnings results on Wednesday, April 26th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.04. The company had revenue of $180.20 million for the quarter, compared to analyst estimates of $184.18 million. Ethan Allen Interiors had a return on equity of 11.31% and a net margin of 5.33%. The company’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 earnings per share. On average, equities research analysts forecast that Ethan Allen Interiors Inc. will post $1.53 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 25th. Stockholders of record on Tuesday, July 11th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Friday, July 7th. Ethan Allen Interiors’s payout ratio is presently 51.70%.

TRADEMARK VIOLATION NOTICE: “KBC Group NV Continues to Hold Stake in Ethan Allen Interiors Inc. (ETH)” was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://www.dailypolitical.com/2017/06/20/kbc-group-nv-continues-to-hold-stake-in-ethan-allen-interiors-inc-eth.html.

A number of research firms have recently weighed in on ETH. TheStreet lowered Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Thursday, April 27th. Raymond James Financial, Inc. raised Ethan Allen Interiors from a “market perform” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Tuesday, March 14th. Telsey Advisory Group dropped their price objective on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating for the company in a research note on Thursday, April 27th. Finally, Stifel Nicolaus dropped their price objective on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, April 28th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $35.00.

About Ethan Allen Interiors

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Want to see what other hedge funds are holding ETH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ethan Allen Interiors Inc. (NYSE:ETH).

Receive News & Ratings for Ethan Allen Interiors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ethan Allen Interiors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.