Teton Advisors Inc. Acquires 20,500 Shares of Ethan Allen Interiors Inc. (ETH)

Teton Advisors Inc. raised its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETH) by 35.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 77,912 shares of the company’s stock after buying an additional 20,500 shares during the period. Teton Advisors Inc. owned about 0.29% of Ethan Allen Interiors worth $1,788,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ETH. Millennium Management LLC boosted its stake in Ethan Allen Interiors by 60.8% in the 4th quarter. Millennium Management LLC now owns 952,123 shares of the company’s stock worth $27,231,000 after purchasing an additional 360,049 shares during the period. Renaissance Technologies LLC boosted its stake in Ethan Allen Interiors by 427.3% in the 4th quarter. Renaissance Technologies LLC now owns 434,000 shares of the company’s stock worth $12,412,000 after purchasing an additional 351,700 shares during the period. Deutsche Bank AG boosted its stake in Ethan Allen Interiors by 219.3% in the 4th quarter. Deutsche Bank AG now owns 408,776 shares of the company’s stock worth $11,690,000 after purchasing an additional 280,755 shares during the period. BlackRock Inc. boosted its stake in Ethan Allen Interiors by 7.3% in the 4th quarter. BlackRock Inc. now owns 3,696,274 shares of the company’s stock worth $105,713,000 after purchasing an additional 252,480 shares during the period. Finally, Two Sigma Investments LP boosted its stake in Ethan Allen Interiors by 381.4% in the 4th quarter. Two Sigma Investments LP now owns 208,503 shares of the company’s stock worth $5,963,000 after purchasing an additional 165,187 shares during the period. Hedge funds and other institutional investors own 95.93% of the company’s stock.

ETH stock traded up $0.25 during midday trading on Thursday, reaching $24.40. The company had a trading volume of 138,100 shares, compared to its average volume of 296,185. Ethan Allen Interiors Inc. has a 1 year low of $21.50 and a 1 year high of $33.13. The company has a market cap of $660.73 million, a price-to-earnings ratio of 16.86, a PEG ratio of 1.51 and a beta of 1.10.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Thursday, April 26th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. Ethan Allen Interiors had a net margin of 4.84% and a return on equity of 9.23%. The company had revenue of $181.40 million during the quarter, compared to the consensus estimate of $181.40 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The company’s revenue was up .7% compared to the same quarter last year. analysts expect that Ethan Allen Interiors Inc. will post 1.33 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 25th. Shareholders of record on Tuesday, July 10th will be given a $0.19 dividend. The ex-dividend date of this dividend is Monday, July 9th. This represents a $0.76 dividend on an annualized basis and a yield of 3.11%. Ethan Allen Interiors’s payout ratio is 52.41%.

A number of research firms recently commented on ETH. ValuEngine lowered shares of Ethan Allen Interiors from a “hold” rating to a “sell” rating in a research note on Thursday, April 12th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $23.00 price objective on shares of Ethan Allen Interiors in a research note on Tuesday, April 10th. Finally, Zacks Investment Research lowered shares of Ethan Allen Interiors from a “hold” rating to a “sell” rating in a research note on Thursday, April 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $28.50.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Europe, Asia, and the Middle East. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items, including window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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

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