16,651 shares of Ethan Allen Interiors Inc. (NYSE: ETD) purchased by Ritholtz Wealth Management

Ritholtz Wealth Management acquired a new position in Ethan Allen Interiors Inc. (NYSE: ETD – Get Rating) in the first quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). The company purchased 16,651 shares of the company, valued at approximately $434,000.

A number of other institutional investors and hedge funds have also recently changed their stock holdings. The Alaska State Department of Revenue purchased a new stake in Ethan Allen Interiors in the first quarter for $399,000. Investors Research Corp acquired a new stake in Ethan Allen Interiors in the first quarter worth $724,000. Cim LLC purchased a new stake in Ethan Allen Interiors in the first quarter valued at $356,000. Maryland State Retirement & Pension System bought a new stake in Ethan Allen Interiors in the first quarter for $232,000. Finally, Everence Capital Management Inc. bought a new stake in Ethan Allen Interiors in the first quarter at a value of $429,000. Institutional investors hold 85.11% of the company’s shares.

ETD stock opened at $21.36 on Tuesday. The company’s fifty-day simple moving average is $23.38 and its two-hundred-day simple moving average is $24.86. Ethan Allen Interiors Inc. has a 12-month low of $19.89 and a 12-month high of $28.04. The company has a market capitalization of $540.88 million, a price-earnings ratio of 6.07 and a beta of 1.10.

Ethan Allen Interiors (NYSE:ETD – Get Rating) last released its results on Thursday, April 28. The company reported earnings per share of $0.93 for the quarter, beating analyst consensus estimates of $0.76 by $0.17. Ethan Allen Interiors achieved a return on equity of 24.15% and a net margin of 11.73%. The company posted revenue of $197.66 million for the quarter, versus analyst estimates of $197.10 million. In the same quarter last year, the company posted earnings per share of $0.58. The company’s revenues increased by 11.7% compared to the same quarter last year. As a group, equity research analysts expect Ethan Allen Interiors Inc. to post earnings per share of 3.49 for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 25. Shareholders of record on Tuesday, May 10 received a dividend of $0.32. This is a positive change from Ethan Allen Interiors’ previous quarterly dividend of $0.29. The ex-dividend date was Monday, May 9. This represents a dividend of $1.28 on an annualized basis and a yield of 5.99%. Ethan Allen Interiors’ dividend payout ratio (DPR) is currently 36.36%.

Separately, StockNews.com upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating in a Tuesday, May 17 research report.

Ethan Allen Interiors Company Profile (Get an evaluation)

Ethan Allen Interiors Inc operates as an interior design company and home furnishings manufacturer and retailer in the United States, Mexico, Honduras and Canada. The Company operates through two segments, Wholesale and Retail. Its products include storage items, such as beds, dressers, cabinets, tables, chairs, sideboards, entertainment units, home office furniture and wood accents; upholstery items including sleepers, recliners and other moveable furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics and leather; and home accent items including window treatments and drapery hardware, wall hangings, flowers, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furniture.

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Institutional ownership by quarter for Ethan Allen Interiors (NYSE: ETD)

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