Dynamic Technology Lab Private Ltd Acquires New Holdings in Ethan Allen Interiors Inc. (ETH)

Dynamic Technology Lab Private Ltd acquired a new stake in Ethan Allen Interiors Inc. (NYSE:ETH) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,996 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Royce & Associates LP lifted its holdings in Ethan Allen Interiors by 9.7% in the second quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after buying an additional 220,324 shares during the period. Vanguard Group Inc. lifted its holdings in Ethan Allen Interiors by 1.4% in the second quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after buying an additional 33,274 shares during the period. Disciplined Growth Investors Inc. MN lifted its holdings in Ethan Allen Interiors by 0.3% in the second quarter. Disciplined Growth Investors Inc. MN now owns 2,266,066 shares of the company’s stock valued at $73,194,000 after buying an additional 7,231 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Ethan Allen Interiors by 14.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after buying an additional 238,300 shares during the period. Finally, Northern Trust Corp lifted its holdings in Ethan Allen Interiors by 24.3% in the second quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock valued at $32,171,000 after buying an additional 194,421 shares during the period. Institutional investors and hedge funds own 99.41% of the company’s stock.

Ethan Allen Interiors Inc. (ETH) traded down $0.65 on Wednesday, reaching $28.95. 180,500 shares of the company’s stock traded hands, compared to its average volume of 334,886. The firm has a market capitalization of $813.14, a price-to-earnings ratio of 22.42, a PEG ratio of 1.93 and a beta of 1.41. Ethan Allen Interiors Inc. has a 12 month low of $26.45 and a 12 month high of $38.80.

Ethan Allen Interiors (NYSE:ETH) last posted its earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.28. The company had revenue of $181.30 million for the quarter, compared to analyst estimates of $181.30 million. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period last year, the business posted $0.41 earnings per share. equities research analysts expect that Ethan Allen Interiors Inc. will post 1.64 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.76 annualized dividend and a yield of 2.63%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 66.09%.

ETH has been the topic of several analyst reports. Stifel Nicolaus increased their price objective on shares of Ethan Allen Interiors from $27.00 to $30.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Dougherty & Co upgraded shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Friday, October 13th. BidaskClub lowered shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. TheStreet lowered shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a report on Friday, October 27th. Finally, KeyCorp reiterated a “hold” rating on shares of Ethan Allen Interiors in a report on Tuesday, October 17th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Ethan Allen Interiors presently has an average rating of “Buy” and an average price target of $33.50.

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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.

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

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