18,964 Shares in Ethan Allen Interiors Inc. (NYSE:ETD) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,964 shares of the company's stock, valued at approximately $605,000. SG Americas Securities LLC owned approximately 0.07% of Ethan Allen Interiors as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ETD. Vanguard Group Inc. increased its holdings in Ethan Allen Interiors by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 1,640,722 shares of the company's stock worth $56,720,000 after buying an additional 25,472 shares during the period. Pacer Advisors Inc. raised its position in shares of Ethan Allen Interiors by 4.5% in the second quarter. Pacer Advisors Inc. now owns 888,760 shares of the company's stock valued at $24,788,000 after buying an additional 38,101 shares during the last quarter. American Century Companies Inc. lifted its stake in Ethan Allen Interiors by 15.3% in the 2nd quarter. American Century Companies Inc. now owns 547,959 shares of the company's stock worth $15,283,000 after purchasing an additional 72,767 shares in the last quarter. Hodges Capital Management Inc. lifted its position in Ethan Allen Interiors by 16.6% during the second quarter. Hodges Capital Management Inc. now owns 544,546 shares of the company's stock worth $15,187,000 after buying an additional 77,565 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its position in shares of Ethan Allen Interiors by 3.6% during the 1st quarter. North Star Investment Management Corp. now owns 174,850 shares of the company's stock valued at $6,045,000 after acquiring an additional 6,000 shares during the last quarter. 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 the firm's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $30.36, for a total value of $303,600.00. Following the sale, the chief executive officer now directly owns 1,712,319 shares of the company's stock, valued at approximately $51,986,004.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders sold 30,000 shares of company stock worth $931,500. 10.90% of the stock is owned by corporate insiders.

Ethan Allen Interiors Stock Up 1.0 %

Shares of ETD opened at $29.99 on Tuesday. The company has a market capitalization of $762.11 million, a price-to-earnings ratio of 10.91 and a beta of 1.25. Ethan Allen Interiors Inc. has a 52-week low of $25.33 and a 52-week high of $35.62. The stock has a 50 day moving average price of $30.74 and a 200 day moving average price of $29.97.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.13. Ethan Allen Interiors had a net margin of 9.88% and a return on equity of 13.45%. The business had revenue of $168.63 million during the quarter, compared to analysts' expectations of $159.65 million. During the same period in the prior year, the company earned $0.96 earnings per share. The business's revenue was down 10.0% compared to the same quarter last year. On average, equities analysts anticipate that Ethan Allen Interiors Inc. will post 2.4 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Tuesday, August 13th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date of this dividend was Tuesday, August 13th. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 56.73%.

Analyst Ratings Changes

Separately, Telsey Advisory Group reiterated a "market perform" rating and set a $30.00 price target on shares of Ethan Allen Interiors in a research report on Wednesday, July 24th.

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.