First Eagle Investment Management LLC Has $5.52 Million Stock Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

First Eagle Investment Management LLC grew its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 37.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 196,461 shares of the company's stock after purchasing an additional 53,270 shares during the quarter. First Eagle Investment Management LLC owned 0.77% of Ethan Allen Interiors worth $5,523,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of ETD. GSA Capital Partners LLP bought a new stake in shares of Ethan Allen Interiors during the 3rd quarter worth $862,000. Victory Capital Management Inc. boosted its stake in shares of Ethan Allen Interiors by 13.4% during the 3rd quarter. Victory Capital Management Inc. now owns 10,004 shares of the company's stock worth $319,000 after acquiring an additional 1,180 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Ethan Allen Interiors by 11.8% during the 3rd quarter. Jennison Associates LLC now owns 39,668 shares of the company's stock worth $1,265,000 after acquiring an additional 4,194 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Ethan Allen Interiors during the 3rd quarter worth $1,132,000. Finally, Intech Investment Management LLC bought a new stake in shares of Ethan Allen Interiors during the 3rd quarter worth $305,000. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total value of $292,700.00. Following the transaction, the chief executive officer now owns 1,641,905 shares in the company, valued at approximately $48,058,559.35. This represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last quarter, insiders have sold 30,000 shares of company stock worth $846,400. Insiders own 10.48% of the company's stock.

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Wall Street Analyst Weigh In

Several research analysts recently weighed in on ETD shares. Telsey Advisory Group reissued a "market perform" rating and set a $32.00 price target on shares of Ethan Allen Interiors in a research report on Thursday, January 30th. Argus reaffirmed a "hold" rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.

Ethan Allen Interiors Stock Up 0.0 %

Shares of Ethan Allen Interiors stock traded up $0.00 on Thursday, hitting $27.46. 190,431 shares of the company traded hands, compared to its average volume of 232,051. Ethan Allen Interiors Inc. has a 12-month low of $26.13 and a 12-month high of $35.62. The company has a market cap of $698.38 million, a PE ratio of 11.54 and a beta of 1.27. The company has a 50-day moving average price of $28.66 and a 200 day moving average price of $29.41.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released 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%. Equities research 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. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.68%. Ethan Allen Interiors's dividend payout ratio is currently 65.55%.

About Ethan Allen Interiors

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.