Ethan Allen Interiors Inc. (NYSE:ETD) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 36.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 315,900 shares of the company's stock after purchasing an additional 84,100 shares during the period. Renaissance Technologies LLC owned about 1.24% of Ethan Allen Interiors worth $8,880,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in Ethan Allen Interiors by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company's stock worth $46,854,000 after buying an additional 68,957 shares in the last quarter. American Century Companies Inc. raised its position in shares of Ethan Allen Interiors by 13.0% in the 4th quarter. American Century Companies Inc. now owns 726,213 shares of the company's stock worth $20,414,000 after acquiring an additional 83,381 shares in the last quarter. Hodges Capital Management Inc. lifted its stake in shares of Ethan Allen Interiors by 17.9% during the 4th quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company's stock worth $18,162,000 after purchasing an additional 98,227 shares during the last quarter. Royce & Associates LP boosted its position in Ethan Allen Interiors by 87.9% during the fourth quarter. Royce & Associates LP now owns 590,993 shares of the company's stock valued at $16,613,000 after purchasing an additional 276,534 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Ethan Allen Interiors by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 543,624 shares of the company's stock valued at $15,285,000 after purchasing an additional 5,029 shares during the last quarter. 83.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total transaction of $263,100.00. Following the sale, the chief executive officer now directly owns 1,621,905 shares of the company's stock, valued at approximately $42,672,320.55. This represents a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders sold 30,000 shares of company stock worth $822,800 in the last 90 days. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors Price Performance

Ethan Allen Interiors stock traded up $0.61 during midday trading on Wednesday, reaching $27.87. The company's stock had a trading volume of 30,603 shares, compared to its average volume of 251,487. Ethan Allen Interiors Inc. has a 52-week low of $24.55 and a 52-week high of $35.62. The stock has a market capitalization of $708.73 million, a P/E ratio of 11.71 and a beta of 1.18. The stock's 50-day simple moving average is $27.47 and its 200-day simple moving average is $28.70.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released its earnings results on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. As a group, equities research analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.60%. The ex-dividend date was Tuesday, February 11th. Ethan Allen Interiors's payout ratio is 65.55%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Argus restated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $32.00 price target on shares of Ethan Allen Interiors in a report on Thursday, January 30th.

Ethan Allen Interiors Profile

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.