J.W. Cole Advisors Inc. Buys Shares of 19,122 Ethan Allen Interiors Inc. (NYSE:ETD)

J.W. Cole Advisors Inc. bought a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETDGet Rating) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,122 shares of the company’s stock, valued at approximately $499,000. J.W. Cole Advisors Inc. owned approximately 0.08% of Ethan Allen Interiors at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ziegler Capital Management LLC bought a new position in Ethan Allen Interiors during the first quarter valued at about $1,267,000. Allspring Global Investments Holdings LLC bought a new position in shares of Ethan Allen Interiors in the first quarter worth about $1,018,000. Royce & Associates LP bought a new position in shares of Ethan Allen Interiors in the first quarter worth about $5,933,000. Oregon Public Employees Retirement Fund bought a new position in shares of Ethan Allen Interiors in the first quarter worth about $215,000. Finally, North Star Investment Management Corp. bought a new position in shares of Ethan Allen Interiors in the first quarter worth about $3,888,000. 87.78% of the stock is currently owned by institutional investors.

Ethan Allen Interiors Stock Up 0.2 %

ETD stock opened at $22.90 on Monday. Ethan Allen Interiors Inc. has a twelve month low of $19.60 and a twelve month high of $28.04. The company has a market cap of $580.19 million, a PE ratio of 5.67 and a beta of 1.11. The business’s 50-day simple moving average is $23.87 and its 200 day simple moving average is $23.98.

Ethan Allen Interiors (NYSE:ETDGet Rating) last released its earnings results on Wednesday, August 3rd. The company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.45. Ethan Allen Interiors had a return on equity of 26.70% and a net margin of 12.63%. The business had revenue of $229.68 million for the quarter, compared to the consensus estimate of $197.55 million. During the same period last year, the business earned $0.74 earnings per share. On average, equities research analysts anticipate that Ethan Allen Interiors Inc. will post 2.95 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 30th. Shareholders of record on Tuesday, August 16th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date was Monday, August 15th. Ethan Allen Interiors’s payout ratio is 31.68%.

Analyst Ratings Changes

Separately, Telsey Advisory Group dropped their price objective on Ethan Allen Interiors from $26.00 to $25.00 and set a “market perform” rating on the stock in a research note on Monday, August 1st.

Ethan Allen Interiors Profile

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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 items comprising 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.

See Also

Institutional Ownership by Quarter for Ethan Allen Interiors (NYSE:ETD)

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