California Public Employees Retirement System lifted its position in shares of Ethan Allen Interiors Inc. (NYSE:ETH) by 14.9% during the fourth quarter, HoldingsChannel reports. The firm owned 78,292 shares of the company’s stock after purchasing an additional 10,131 shares during the quarter. California Public Employees Retirement System’s holdings in Ethan Allen Interiors were worth $2,239,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tiedemann Wealth Management LLC raised its holdings in Ethan Allen Interiors by 39.5% in the third quarter. Tiedemann Wealth Management LLC now owns 28,231 shares of the company’s stock valued at $244,000 after acquiring an additional 8,000 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in Ethan Allen Interiors in the fourth quarter valued at $256,000. Dynamic Technology Lab Private Ltd acquired a new stake in Ethan Allen Interiors in the third quarter valued at $259,000. Fox Run Management L.L.C. acquired a new stake in Ethan Allen Interiors in the fourth quarter valued at $311,000. Finally, SG Americas Securities LLC raised its holdings in Ethan Allen Interiors by 180.1% in the third quarter. SG Americas Securities LLC now owns 10,864 shares of the company’s stock valued at $352,000 after acquiring an additional 6,986 shares in the last quarter. 99.41% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Ethan Allen Interiors Inc. (ETH) opened at $22.70 on Friday. Ethan Allen Interiors Inc. has a 12 month low of $22.70 and a 12 month high of $33.13. The firm has a market cap of $644.31, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 1.57 and a beta of 1.16.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, January 24th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.02. Ethan Allen Interiors had a net margin of 4.80% and a return on equity of 10.06%. The firm had revenue of $198.50 million during the quarter, compared to analyst estimates of $198.50 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. sell-side analysts expect that Ethan Allen Interiors Inc. will post 1.6 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, April 10th. This represents a $0.76 annualized dividend and a yield of 3.35%. Ethan Allen Interiors’s payout ratio is 58.02%.

In other Ethan Allen Interiors news, CFO Corey Whitely bought 1,700 shares of the stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of $24.65 per share, for a total transaction of $41,905.00. Following the completion of the purchase, the chief financial officer now directly owns 12,574 shares in the company, valued at $309,949.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman M Farooq Kathwari bought 4,090 shares of the stock in a transaction on Thursday, February 8th. The shares were acquired at an average price of $24.37 per share, with a total value of $99,673.30. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 6,630 shares of company stock valued at $161,654. 10.50% of the stock is owned by insiders.

Several analysts recently issued reports on the stock. Stifel Nicolaus cut their price target on shares of Ethan Allen Interiors from $30.00 to $27.00 and set a “hold” rating on the stock 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 price target on the stock in a report on Wednesday, December 20th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $27.00 price target (down from $33.00) on shares of Ethan Allen Interiors in a report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $29.50.

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

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