Ethan Allen Interiors Inc. (NYSE:ETD) Position Increased by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 13.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 726,213 shares of the company's stock after acquiring an additional 83,381 shares during the quarter. American Century Companies Inc. owned approximately 2.86% of Ethan Allen Interiors worth $20,414,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ETD. Victory Capital Management Inc. raised its stake in shares of Ethan Allen Interiors by 11.0% in the 4th quarter. Victory Capital Management Inc. now owns 11,101 shares of the company's stock valued at $312,000 after purchasing an additional 1,097 shares in the last quarter. FMR LLC raised its stake in Ethan Allen Interiors by 421.3% during the third quarter. FMR LLC now owns 18,943 shares of the company's stock valued at $604,000 after buying an additional 15,309 shares in the last quarter. Barclays PLC lifted its holdings in Ethan Allen Interiors by 113.8% during the 3rd quarter. Barclays PLC now owns 57,174 shares of the company's stock worth $1,824,000 after buying an additional 30,437 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Ethan Allen Interiors by 6.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 75,792 shares of the company's stock worth $2,131,000 after acquiring an additional 4,267 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Ethan Allen Interiors by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 538,595 shares of the company's stock valued at $17,179,000 after acquiring an additional 3,310 shares during the last quarter. 83.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $26.70, for a total value of $267,000.00. Following the completion of the transaction, the chief executive officer now owns 1,631,905 shares in the company, valued at $43,571,863.50. This represents a 0.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 30,000 shares of company stock worth $846,400 in the last three months. 10.48% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Ethan Allen Interiors Stock Down 8.2 %

ETD stock traded down $2.30 during midday trading on Thursday, reaching $25.75. The company had a trading volume of 391,450 shares, compared to its average volume of 243,951. The stock has a 50 day moving average price of $28.48 and a 200 day moving average price of $29.23. The firm has a market capitalization of $654.70 million, a PE ratio of 10.82 and a beta of 1.27. Ethan Allen Interiors Inc. has a fifty-two week low of $25.35 and a fifty-two week high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last issued its quarterly earnings data 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%. Research analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date was Tuesday, February 11th. Ethan Allen Interiors's dividend payout ratio (DPR) is 65.55%.

Ethan Allen Interiors Company 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.