Rothschild Investment LLC cut its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 66.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,810 shares of the company's stock after selling 19,798 shares during the period. Rothschild Investment LLC's holdings in Ethan Allen Interiors were worth $276,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Mainstay Capital Management LLC ADV grew its position in Ethan Allen Interiors by 2.1% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 57,576 shares of the company's stock valued at $1,618,000 after acquiring an additional 1,164 shares during the period. Y Intercept Hong Kong Ltd grew its position in Ethan Allen Interiors by 77.6% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 12,042 shares of the company's stock valued at $339,000 after acquiring an additional 5,263 shares during the period. New York State Common Retirement Fund grew its position in Ethan Allen Interiors by 107.5% in the fourth quarter. New York State Common Retirement Fund now owns 19,493 shares of the company's stock valued at $548,000 after acquiring an additional 10,100 shares during the period. Sanctuary Advisors LLC grew its position in Ethan Allen Interiors by 2.4% in the fourth quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company's stock valued at $417,000 after acquiring an additional 342 shares during the period. Finally, Principal Financial Group Inc. grew its position in Ethan Allen Interiors by 2.9% in the fourth quarter. Principal Financial Group Inc. now owns 109,755 shares of the company's stock valued at $3,085,000 after acquiring an additional 3,116 shares during the period. 83.80% of the stock is currently owned by institutional investors.
Ethan Allen Interiors Price Performance
Shares of ETD stock traded up $0.25 during trading hours on Friday, hitting $28.51. 259,122 shares of the company's stock were exchanged, compared to its average volume of 263,016. The stock's 50-day moving average is $28.84 and its 200-day moving average is $29.74. The stock has a market cap of $724.88 million, a price-to-earnings ratio of 11.98 and a beta of 1.31. Ethan Allen Interiors Inc. has a 52 week low of $26.53 and a 52 week high of $35.62.
Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its earnings results on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing the consensus estimate 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 forecast that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.
Ethan Allen Interiors Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend was Tuesday, February 11th. Ethan Allen Interiors's payout ratio is presently 65.55%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on ETD shares. Telsey Advisory Group reiterated 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. Argus restated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.
Read Our Latest Analysis on ETD
Insider Transactions at Ethan Allen Interiors
In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $28.67, for a total value 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 $47,360,116.35. This trade represents a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 10.48% of the company's stock.
Ethan Allen Interiors Company Profile
(
Free Report)
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.
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