Cubist Systematic Strategies LLC bought a new stake in Ethan Allen Interiors Inc. (NYSE:ETH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,118 shares of the company’s stock, valued at approximately $457,000. Cubist Systematic Strategies LLC owned about 0.05% of Ethan Allen Interiors as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in Ethan Allen Interiors by 105.4% during the third quarter. Jane Street Group LLC now owns 13,436 shares of the company’s stock worth $435,000 after buying an additional 263,436 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Ethan Allen Interiors by 14.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after purchasing an additional 238,300 shares during the last quarter. Northern Trust Corp grew its position in shares of Ethan Allen Interiors by 24.3% in the second quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock valued at $32,171,000 after purchasing an additional 194,421 shares during the last quarter. Uniplan Investment Counsel Inc. acquired a new position in shares of Ethan Allen Interiors in the second quarter valued at approximately $5,088,000. Finally, JPMorgan Chase & Co. grew its position in shares of Ethan Allen Interiors by 447.9% in the third quarter. JPMorgan Chase & Co. now owns 183,258 shares of the company’s stock valued at $5,947,000 after purchasing an additional 149,808 shares during the last quarter. 99.41% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ethan Allen Interiors Inc. (NYSE ETH) opened at $28.65 on Friday. Ethan Allen Interiors Inc. has a 12 month low of $26.45 and a 12 month high of $33.92. The stock has a market capitalization of $787.04, a P/E ratio of 24.91, a P/E/G ratio of 1.81 and a beta of 1.40.
Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The firm had revenue of $181.30 million during the quarter, compared to analysts’ expectations of $181.30 million. During the same period in the prior year, the company earned $0.41 earnings per share. The company’s quarterly revenue was down 6.2% on a year-over-year basis. equities analysts expect that Ethan Allen Interiors Inc. will post 1.67 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Tuesday, January 9th. Ethan Allen Interiors’s payout ratio is presently 66.09%.
Several equities analysts have recently commented on the company. KeyCorp reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a research report on Tuesday, October 17th. Zacks Investment Research raised Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research report on Monday, January 8th. TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a research report on Friday, October 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $27.00 price target on shares of Ethan Allen Interiors in a research note on Friday, October 13th. Finally, Dougherty & Co upgraded Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Friday, October 13th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $33.40.
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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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