Ethan Allen Interiors Inc. (ETH) Shares Bought by AlphaOne Investment Services LLC
AlphaOne Investment Services LLC raised its holdings in Ethan Allen Interiors Inc. (NYSE:ETH) by 6.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 124,372 shares of the company’s stock after buying an additional 7,441 shares during the quarter. AlphaOne Investment Services LLC owned about 0.45% of Ethan Allen Interiors worth $4,017,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in Ethan Allen Interiors by 40.7% in the second quarter. Fisher Asset Management LLC now owns 81,365 shares of the company’s stock valued at $2,628,000 after buying an additional 23,542 shares during the last quarter. Royce & Associates LP raised its stake in Ethan Allen Interiors by 2.5% in the first quarter. Royce & Associates LP now owns 2,281,636 shares of the company’s stock valued at $69,932,000 after buying an additional 55,800 shares during the last quarter. Teachers Advisors LLC raised its stake in Ethan Allen Interiors by 2.8% in the fourth quarter. Teachers Advisors LLC now owns 40,651 shares of the company’s stock valued at $1,498,000 after buying an additional 1,117 shares during the last quarter. BlackRock Inc. raised its stake in Ethan Allen Interiors by 122,313.2% in the first quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after buying an additional 3,432,107 shares during the last quarter. Finally, Comerica Bank raised its stake in Ethan Allen Interiors by 4.0% in the first quarter. Comerica Bank now owns 28,258 shares of the company’s stock valued at $819,000 after buying an additional 1,099 shares during the last quarter. Institutional investors own 99.41% of the company’s stock.
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Ethan Allen Interiors Inc. (ETH) traded up 0.33% during midday trading on Wednesday, reaching $30.80. The company’s stock had a trading volume of 88,190 shares. Ethan Allen Interiors Inc. has a 1-year low of $26.75 and a 1-year high of $38.80. The stock’s 50-day moving average price is $30.27 and its 200 day moving average price is $29.94. The firm has a market capitalization of $845.37 million, a PE ratio of 23.88 and a beta of 1.17.
Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.42. The company had revenue of $194.90 million during the quarter, compared to the consensus estimate of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. Ethan Allen Interiors’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.57 EPS. Equities analysts anticipate that Ethan Allen Interiors Inc. will post $1.75 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 10th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 58.92%.
ETH has been the subject of a number of research analyst reports. TheStreet upgraded Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research note on Thursday, June 29th. BidaskClub upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $33.25.
Ethan Allen Interiors Profile
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.
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