Fisher Asset Management LLC Has $2.91 Million Stake in Ethan Allen Interiors Inc. (ETH)

Fisher Asset Management LLC lifted its stake in Ethan Allen Interiors Inc. (NYSE:ETH) by 10.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,647 shares of the company’s stock after purchasing an additional 8,282 shares during the period. Fisher Asset Management LLC owned 0.33% of Ethan Allen Interiors worth $2,905,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ETH. BlackRock Inc. increased its stake in shares of Ethan Allen Interiors by 122,313.2% in the 1st quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock worth $105,279,000 after purchasing an additional 3,432,107 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Ethan Allen Interiors by 46.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 855,725 shares of the company’s stock worth $27,640,000 after purchasing an additional 271,300 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ethan Allen Interiors by 14.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock worth $60,786,000 after purchasing an additional 238,300 shares in the last quarter. Royce & Associates LP increased its stake in shares of Ethan Allen Interiors by 9.7% in the 2nd quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock worth $80,813,000 after purchasing an additional 220,324 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Ethan Allen Interiors by 24.3% in the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock worth $32,171,000 after purchasing an additional 194,421 shares in the last quarter. Hedge funds and other institutional investors own 96.78% of the company’s stock.

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Several brokerages recently weighed in on ETH. BidaskClub raised shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. KeyCorp reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a report on Tuesday, October 17th. Dougherty & Co raised shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 target price for the company in a report on Friday, October 13th. Finally, Stifel Nicolaus upped their target price on shares of Ethan Allen Interiors from $27.00 to $30.00 and gave the stock a “hold” rating in a report on Thursday. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $33.50.

Ethan Allen Interiors Inc. (NYSE:ETH) opened at 30.05 on Monday. The firm’s 50 day moving average is $30.96 and its 200 day moving average is $30.20. Ethan Allen Interiors Inc. has a 12-month low of $26.75 and a 12-month high of $38.80. The company has a market cap of $824.78 million, a P/E ratio of 23.29 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The business had revenue of $181.30 million during the quarter, compared to analysts’ expectations of $181.30 million. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The company’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 earnings per share. Equities research analysts anticipate that Ethan Allen Interiors Inc. will post $1.67 EPS for the current fiscal year.

About Ethan Allen Interiors

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.

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

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