D. E. Shaw & Co. Inc. Purchases 70,664 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

D. E. Shaw & Co. Inc. lifted its position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 168.1% in the 4th quarter, according to its most recent 13F filing 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 0.44% of Ethan Allen Interiors worth $3,168,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ETD. Jane Street Group LLC lifted its holdings in shares of Ethan Allen Interiors by 6.6% during the fourth quarter. Jane Street Group LLC now owns 283,596 shares of the company's stock valued at $7,972,000 after purchasing an additional 17,435 shares during the last quarter. Freestone Grove Partners LP bought a new position in Ethan Allen Interiors during the 4th quarter valued at approximately $1,033,000. Comerica Bank raised its stake in Ethan Allen Interiors by 4.3% during the fourth quarter. Comerica Bank now owns 20,927 shares of the company's stock valued at $588,000 after buying an additional 858 shares during the last quarter. Northern Trust Corp boosted its holdings in Ethan Allen Interiors by 6.3% in the fourth quarter. Northern Trust Corp now owns 401,986 shares of the company's stock worth $11,300,000 after acquiring an additional 23,982 shares in the last quarter. Finally, Quarry LP boosted its holdings in Ethan Allen Interiors by 73.3% in the fourth quarter. Quarry LP now owns 2,604 shares of the company's stock worth $73,000 after acquiring an additional 1,101 shares in the last quarter. Hedge funds and other institutional investors own 83.80% of the company's stock.

Ethan Allen Interiors Trading Up 0.3%

NYSE:ETD traded up $0.09 on Friday, reaching $26.07. 258,161 shares of the stock traded hands, compared to its average volume of 271,961. The company's fifty day simple moving average is $27.16 and its 200 day simple moving average is $28.35. The company has a market capitalization of $662.91 million, a price-to-earnings ratio of 10.95 and a beta of 1.20. Ethan Allen Interiors Inc. has a 12 month low of $24.55 and a 12 month high of $35.62.

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

Ethan Allen Interiors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date is Thursday, May 15th. Ethan Allen Interiors's payout ratio is 69.33%.

Insider Transactions at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $26.85, for a total transaction of $268,500.00. Following the transaction, the chief executive officer now owns 1,611,905 shares in the company, valued at $43,279,649.25. This represents a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 31,366 shares of company stock worth $835,490 over the last quarter. 10.48% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

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.