Renaissance Technologies LLC Has $5.81 Million Stock Holdings in Ethan Allen Interiors Inc. $ETD

Renaissance Technologies LLC increased its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETDFree Report) by 11.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 261,177 shares of the company’s stock after buying an additional 26,976 shares during the period. Renaissance Technologies LLC owned 1.03% of Ethan Allen Interiors worth $5,814,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in Ethan Allen Interiors by 365.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,054 shares of the company’s stock worth $85,000 after acquiring an additional 2,398 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Ethan Allen Interiors by 132.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,899 shares of the company’s stock worth $87,000 after purchasing an additional 2,219 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Ethan Allen Interiors during the 1st quarter worth approximately $88,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Ethan Allen Interiors by 38.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,677 shares of the company’s stock valued at $130,000 after purchasing an additional 1,565 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in Ethan Allen Interiors by 31.2% in the 2nd quarter. Osaic Holdings Inc. now owns 6,682 shares of the company’s stock valued at $186,000 after purchasing an additional 1,589 shares during the period. 83.80% of the stock is owned by institutional investors.

Ethan Allen Interiors Trading Up 0.8%

NYSE ETD opened at $24.07 on Thursday. The firm’s 50 day simple moving average is $22.01 and its 200 day simple moving average is $22.21. The firm has a market capitalization of $612.68 million, a price-to-earnings ratio of 15.43 and a beta of 1.02. Ethan Allen Interiors Inc. has a 1 year low of $18.28 and a 1 year high of $31.41.

Ethan Allen Interiors (NYSE:ETDGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. Ethan Allen Interiors had a net margin of 6.88% and a return on equity of 7.88%. The business had revenue of $146.75 million during the quarter, compared to the consensus estimate of $148.70 million. During the same period in the previous year, the business earned $0.49 earnings per share. The company’s revenue was down 8.5% on a year-over-year basis. On average, equities research analysts forecast that Ethan Allen Interiors Inc. will post 1.35 earnings per share for the current year.

Ethan Allen Interiors Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, August 12th. Ethan Allen Interiors’s dividend payout ratio is currently 100.00%.

Analyst Ratings Changes

ETD has been the topic of several recent research reports. Telsey Advisory Group lowered their price objective on Ethan Allen Interiors from $24.00 to $22.00 and set a “market perform” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ethan Allen Interiors in a research report on Friday, July 31st. Finally, Zacks Research cut shares of Ethan Allen Interiors from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Sell” and a consensus price target of $22.00.

Read Our Latest Analysis on ETD

Ethan Allen Interiors Company Profile

(Free Report)

Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated manufacturer and retailer of home furnishings, offering a broad range of furniture, upholstery, case goods and decorative accessories. The company designs and produces the majority of its products in its own North American manufacturing facilities, maintaining close control over quality, craftsmanship and production schedules. Through its network of company-operated and franchised Design Centers and galleries, Ethan Allen delivers a full-service offering that includes on-site interior design consultations and project management.

Founded in 1932 as a small Colonial-Revival furniture maker in northern Vermont, Ethan Allen has grown into a global brand known for its timeless styles and customization options.

Further Reading

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

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