Ethan Allen Interiors Inc. (NYSE:ETD) Shares Bought by Hodges Capital Management Inc.

Hodges Capital Management Inc. grew its holdings in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 17.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 646,084 shares of the company's stock after buying an additional 98,227 shares during the quarter. Ethan Allen Interiors comprises 1.1% of Hodges Capital Management Inc.'s investment portfolio, making the stock its 27th biggest holding. Hodges Capital Management Inc. owned 2.54% of Ethan Allen Interiors worth $18,162,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Ethan Allen Interiors during the 3rd quarter worth $48,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Ethan Allen Interiors during the third quarter worth about $50,000. nVerses Capital LLC acquired a new position in Ethan Allen Interiors during the third quarter worth about $92,000. Y Intercept Hong Kong Ltd purchased a new position in Ethan Allen Interiors in the third quarter valued at about $216,000. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Ethan Allen Interiors by 6.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,737 shares of the company's stock valued at $244,000 after acquiring an additional 543 shares during the period. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $28.77, for a total value of $287,700.00. Following the completion of the sale, the chief executive officer now owns 1,671,905 shares in the company, valued at $48,100,706.85. The trade was a 0.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 10.48% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Ethan Allen Interiors Stock Down 1.2 %

Shares of Ethan Allen Interiors stock traded down $0.38 during trading on Thursday, hitting $30.24. 234,860 shares of the company were exchanged, compared to its average volume of 272,440. Ethan Allen Interiors Inc. has a fifty-two week low of $26.53 and a fifty-two week high of $35.62. The stock has a market capitalization of $769.00 million, a price-to-earnings ratio of 12.71 and a beta of 1.31. The firm has a 50 day moving average price of $29.16 and a 200 day moving average price of $29.88.

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 for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. Analysts predict that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current year.

Ethan Allen Interiors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend is Tuesday, February 11th. Ethan Allen Interiors's payout ratio is 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.