New York State Common Retirement Fund lowered its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETH) by 54.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 29,604 shares of the company’s stock after selling 35,867 shares during the period. New York State Common Retirement Fund owned about 0.11% of Ethan Allen Interiors worth $956,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its stake in shares of Ethan Allen Interiors by 44.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 7,084 shares of the company’s stock valued at $228,000 after buying an additional 2,184 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in shares of Ethan Allen Interiors by 8.0% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 8,550 shares of the company’s stock valued at $276,000 after buying an additional 630 shares during the last quarter. KCG Holdings Inc. raised its stake in shares of Ethan Allen Interiors by 43.8% during the 1st quarter. KCG Holdings Inc. now owns 8,827 shares of the company’s stock valued at $271,000 after buying an additional 2,690 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Ethan Allen Interiors by 30.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,719 shares of the company’s stock valued at $379,000 after buying an additional 2,729 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Ethan Allen Interiors by 9.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 13,573 shares of the company’s stock valued at $417,000 after buying an additional 1,118 shares during the last quarter. Institutional investors and hedge funds own 96.78% of the company’s stock.

ETH has been the subject of a number of recent research reports. BidaskClub upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. KeyCorp reiterated a “hold” rating on shares of Ethan Allen Interiors in a research note on Tuesday, October 17th. TheStreet lowered Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. Dougherty & Co upgraded Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Friday, October 13th. Finally, Stifel Nicolaus lifted their price objective on Ethan Allen Interiors from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.50.

Ethan Allen Interiors Inc. (ETH) opened at $28.80 on Friday. Ethan Allen Interiors Inc. has a 52 week low of $26.75 and a 52 week high of $38.80. The firm has a market capitalization of $791.16, a PE ratio of 21.82, a P/E/G ratio of 1.88 and a beta of 1.43.

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

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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.

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

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