15,024 Shares in Ethan Allen Interiors Inc. (NYSE:ETD) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new stake in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 15,024 shares of the company's stock, valued at approximately $422,000. EntryPoint Capital LLC owned approximately 0.06% of Ethan Allen Interiors at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Ethan Allen Interiors during the 3rd quarter valued at $48,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Ethan Allen Interiors during the third quarter valued at about $50,000. Hillsdale Investment Management Inc. lifted its holdings in shares of Ethan Allen Interiors by 213.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock worth $53,000 after buying an additional 1,280 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Ethan Allen Interiors in the fourth quarter worth about $112,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Ethan Allen Interiors in the third quarter valued at approximately $216,000. Hedge funds and other institutional investors own 83.80% of the company's stock.

Insider Activity at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total transaction of $292,700.00. Following the sale, the chief executive officer now owns 1,641,905 shares of the company's stock, valued at approximately $48,058,559.35. This trade represents a 0.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 30,000 shares of company stock worth $846,400. 10.48% of the stock is owned by insiders.

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Analyst Ratings Changes

Several analysts have issued reports on the stock. Telsey Advisory Group reiterated a "market perform" rating and issued a $32.00 target price on shares of Ethan Allen Interiors in a research note on Thursday, January 30th. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

Ethan Allen Interiors Trading Down 1.2 %

NYSE:ETD traded down $0.33 during trading hours on Friday, reaching $27.56. 199,096 shares of the company traded hands, compared to its average volume of 243,991. The business's 50-day moving average price is $28.59 and its two-hundred day moving average price is $29.30. Ethan Allen Interiors Inc. has a 1 year low of $26.13 and a 1 year high of $35.62. The stock has a market capitalization of $700.72 million, a P/E ratio of 11.58 and a beta of 1.27.

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

Ethan Allen Interiors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend was Tuesday, February 11th. Ethan Allen Interiors's payout ratio is currently 65.55%.

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.