D. E. Shaw & Co. Inc. Has $3.17 Million Stake in Ethan Allen Interiors Inc. (NYSE:ETD)

D. E. Shaw & Co. Inc. lifted its holdings in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 168.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 112,710 shares of the company's stock after acquiring an additional 70,664 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.44% of Ethan Allen Interiors worth $3,168,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hillsdale Investment Management Inc. raised its position in shares of Ethan Allen Interiors by 213.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock valued at $53,000 after buying an additional 1,280 shares in the last quarter. Quarry LP increased its stake in Ethan Allen Interiors by 73.3% during the 4th quarter. Quarry LP now owns 2,604 shares of the company's stock worth $73,000 after acquiring an additional 1,101 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Ethan Allen Interiors in the 4th quarter valued at $112,000. Prosperity Consulting Group LLC raised its holdings in Ethan Allen Interiors by 35.1% in the 4th quarter. Prosperity Consulting Group LLC now owns 9,388 shares of the company's stock valued at $264,000 after acquiring an additional 2,440 shares in the last quarter. Finally, Arete Wealth Advisors LLC lifted its position in shares of Ethan Allen Interiors by 21.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 9,706 shares of the company's stock valued at $272,000 after acquiring an additional 1,688 shares during the period. Institutional investors and hedge funds own 83.80% of the company's stock.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group restated a "market perform" rating on shares of Ethan Allen Interiors in a research report on Tuesday, May 6th.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $26.85, for a total value of $268,500.00. Following the sale, the chief executive officer now owns 1,611,905 shares of the company's stock, valued at $43,279,649.25. The trade was a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 31,366 shares of company stock valued at $835,490. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors Trading Down 0.4%

ETD stock traded down $0.10 during mid-day trading on Thursday, hitting $25.97. The stock had a trading volume of 220,409 shares, compared to its average volume of 270,767. The firm has a fifty day simple moving average of $27.20 and a 200 day simple moving average of $28.38. The firm has a market capitalization of $660.34 million, a P/E ratio of 10.91 and a beta of 1.20. Ethan Allen Interiors Inc. has a 52 week low of $24.55 and a 52 week high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.07). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. The firm had revenue of $142.70 million for the quarter, compared to analyst estimates of $146.85 million. During the same quarter in the prior year, the business posted $0.48 EPS. The business's revenue was down 2.5% on a year-over-year basis. As a group, equities analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 6.01%. The ex-dividend date is Thursday, May 15th. Ethan Allen Interiors's dividend payout ratio (DPR) is currently 69.33%.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.