Schwab Charles Investment Management Inc. grew its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETH) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 233,755 shares of the company’s stock after purchasing an additional 12,166 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in Ethan Allen Interiors were worth $6,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Tiedemann Wealth Management LLC boosted its holdings in Ethan Allen Interiors by 39.5% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 28,231 shares of the company’s stock worth $244,000 after buying an additional 8,000 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Ethan Allen Interiors in the 3rd quarter worth $259,000. SG Americas Securities LLC boosted its holdings in Ethan Allen Interiors by 180.1% in the 3rd quarter. SG Americas Securities LLC now owns 10,864 shares of the company’s stock worth $352,000 after buying an additional 6,986 shares during the period. Financial Engines Advisors L.L.C. boosted its holdings in Ethan Allen Interiors by 24.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 11,423 shares of the company’s stock worth $370,000 after buying an additional 2,223 shares during the period. Finally, Stevens Capital Management LP bought a new position in Ethan Allen Interiors in the 3rd quarter worth $385,000. 99.41% of the stock is owned by hedge funds and other institutional investors.
Several brokerages recently weighed in on ETH. Stifel Nicolaus dropped their target price on shares of Ethan Allen Interiors from $30.00 to $27.00 and set a “hold” rating for the company in a report on Thursday, January 25th. Zacks Investment Research raised shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a report on Wednesday, December 20th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $27.00 target price (down previously from $33.00) on shares of Ethan Allen Interiors in a report on Wednesday, January 17th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Ethan Allen Interiors presently has an average rating of “Hold” and an average price target of $30.80.
Ethan Allen Interiors Inc. (NYSE ETH) opened at $24.15 on Monday. The firm has a market cap of $663.54, a price-to-earnings ratio of 16.54, a P/E/G ratio of 1.61 and a beta of 1.16. Ethan Allen Interiors Inc. has a 1-year low of $23.35 and a 1-year high of $33.13.
Ethan Allen Interiors (NYSE:ETH) last issued its earnings results on Wednesday, January 24th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.02. The company had revenue of $198.50 million during the quarter, compared to the consensus estimate of $198.50 million. Ethan Allen Interiors had a net margin of 4.80% and a return on equity of 10.06%. Ethan Allen Interiors’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS. equities analysts predict that Ethan Allen Interiors Inc. will post 1.6 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, April 10th. Ethan Allen Interiors’s payout ratio is currently 58.02%.
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Ethan Allen Interiors Company 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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