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Barclays PLC Buys 76,736 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Ethan Allen Interiors logo with Retail/Wholesale background

Barclays PLC grew its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 134.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,910 shares of the company's stock after acquiring an additional 76,736 shares during the quarter. Barclays PLC owned about 0.53% of Ethan Allen Interiors worth $3,764,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ETD. Royce & Associates LP increased its holdings in shares of 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 acquiring an additional 276,534 shares in the last quarter. Hodges Capital Management Inc. increased its holdings in shares of Ethan Allen Interiors by 17.9% during the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company's stock valued at $18,162,000 after acquiring an additional 98,227 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Ethan Allen Interiors by 177.1% during the fourth quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company's stock valued at $4,147,000 after acquiring an additional 94,287 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Ethan Allen Interiors by 54.1% in the 4th quarter. Teacher Retirement System of Texas now owns 261,025 shares of the company's stock worth $7,337,000 after buying an additional 91,602 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Ethan Allen Interiors by 67.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 217,329 shares of the company's stock worth $6,109,000 after buying an additional 87,278 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ETD has been the subject of several research analyst reports. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group reiterated a "market perform" rating and issued a $32.00 price objective on shares of Ethan Allen Interiors in a report on Thursday, January 30th.

View Our Latest Analysis on Ethan Allen Interiors

Insiders Place Their Bets

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total value of $263,100.00. Following the completion of the transaction, the chief executive officer now directly owns 1,621,905 shares in the company, valued at $42,672,320.55. This represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 30,000 shares of company stock valued at $822,800. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors Stock Performance

NYSE ETD opened at $28.59 on Tuesday. Ethan Allen Interiors Inc. has a one year low of $24.55 and a one year high of $35.62. The stock has a 50-day moving average of $27.38 and a 200 day moving average of $28.64. The company has a market capitalization of $727.04 million, a price-to-earnings ratio of 12.01 and a beta of 1.18.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its earnings results on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. On average, equities analysts predict 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. Shareholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 5.46%. Ethan Allen Interiors's payout ratio is 65.55%.

About Ethan Allen Interiors

(Free Report)

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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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