Robeco Institutional Asset Management B.V. Cuts Stock Position in Ethan Allen Interiors Inc. (NYSE:ETD)

Robeco Institutional Asset Management B.V. reduced its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 15.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,078 shares of the company's stock after selling 9,817 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.21% of Ethan Allen Interiors worth $1,492,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Unison Advisors LLC lifted its position in Ethan Allen Interiors by 1.4% during the third quarter. Unison Advisors LLC now owns 29,677 shares of the company's stock valued at $946,000 after purchasing an additional 421 shares during the last quarter. The Manufacturers Life Insurance Company raised 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 buying an additional 543 shares in the last quarter. Exchange Traded Concepts LLC grew its position in Ethan Allen Interiors by 6.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company's stock worth $287,000 after acquiring an additional 650 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Ethan Allen Interiors by 3.3% in the third quarter. BNP Paribas Financial Markets now owns 33,015 shares of the company's stock valued at $1,053,000 after acquiring an additional 1,065 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in Ethan Allen Interiors by 13.4% during the third quarter. Victory Capital Management Inc. now owns 10,004 shares of the company's stock valued at $319,000 after purchasing an additional 1,180 shares in the last quarter. Institutional investors own 83.80% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction on Friday, January 17th. The shares were sold at an average price of $28.67, for a total transaction of $286,700.00. Following the completion of the sale, the chief executive officer now directly owns 1,651,905 shares in the company, valued at approximately $47,360,116.35. The trade was a 0.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors Stock Performance

Shares of NYSE ETD traded down $0.77 during trading hours on Friday, hitting $29.46. The company's stock had a trading volume of 221,861 shares, compared to its average volume of 270,414. The stock has a market cap of $749.04 million, a price-to-earnings ratio of 12.38 and a beta of 1.31. The business has a 50-day simple moving average of $29.15 and a 200-day simple moving average of $29.89. Ethan Allen Interiors Inc. has a 12 month low of $26.53 and a 12 month high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted its earnings results 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 return on equity of 12.62% and a net margin of 9.76%. On average, equities research analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.30%. 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.