OxFORD Asset Management LLP Invests $1.15 Million in Ethan Allen Interiors Inc. (ETH) Stock
OxFORD Asset Management LLP bought a new position in shares of Ethan Allen Interiors Inc. (NYSE:ETH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,553 shares of the company’s stock, valued at approximately $1,148,000. OxFORD Asset Management LLP owned about 0.13% of Ethan Allen Interiors at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake 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 valued at $153,000 after acquiring an additional 180 shares during the last quarter. Mason Street Advisors LLC lifted its stake 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 valued at $183,000 after acquiring an additional 398 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in Ethan Allen Interiors by 44.6% in the second quarter. State of Alaska Department of Revenue now owns 7,084 shares of the company’s stock valued at $228,000 after acquiring an additional 2,184 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Ethan Allen Interiors by 8.0% in the second quarter. Municipal Employees Retirement System of Michigan now owns 8,550 shares of the company’s stock valued at $276,000 after acquiring an additional 630 shares during the last quarter. Finally, KCG Holdings Inc. lifted its stake in Ethan Allen Interiors by 43.8% in the first quarter. KCG Holdings Inc. now owns 8,827 shares of the company’s stock valued at $271,000 after acquiring an additional 2,690 shares during the last quarter. Institutional investors and hedge funds own 99.41% of the company’s stock.
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Shares of Ethan Allen Interiors Inc. (ETH) opened at 29.00 on Friday. Ethan Allen Interiors Inc. has a 52 week low of $26.75 and a 52 week high of $38.80. The firm has a 50-day moving average of $30.45 and a 200-day moving average of $30.14. The firm has a market cap of $795.96 million, a PE ratio of 22.48 and a beta of 1.20.
Ethan Allen Interiors (NYSE:ETH) last posted its quarterly earnings data 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 firm had revenue of $194.90 million for the quarter, compared to the consensus estimate of $194.94 million. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. The business’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.57 EPS. On average, analysts expect that Ethan Allen Interiors Inc. will post $1.76 EPS for the current year.
The company also recently disclosed 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 2.62%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio is 58.92%.
A number of analysts have commented on ETH shares. TheStreet upgraded shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research note on Thursday, June 29th. BidaskClub upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Ethan Allen Interiors has a consensus rating of “Buy” and a consensus target price of $33.00.
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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