Ethan Allen Interiors Inc. (NYSE:ETD) Stock Holdings Reduced by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 29.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,901 shares of the company’s stock after selling 2,025 shares during the quarter. SG Americas Securities LLC’s holdings in Ethan Allen Interiors were worth $156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ETD. State of Wyoming purchased a new position in Ethan Allen Interiors in the fourth quarter valued at about $30,000. Tower Research Capital LLC TRC lifted its position in shares of Ethan Allen Interiors by 234.8% in the first quarter. Tower Research Capital LLC TRC now owns 1,212 shares of the company’s stock worth $34,000 after buying an additional 850 shares during the last quarter. Metropolitan Life Insurance Co NY acquired a new stake in shares of Ethan Allen Interiors in the first quarter worth about $39,000. PNC Financial Services Group Inc. acquired a new stake in shares of Ethan Allen Interiors in the first quarter worth about $41,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of Ethan Allen Interiors in the first quarter worth about $50,000. Hedge funds and other institutional investors own 83.80% of the company’s stock.

Ethan Allen Interiors Price Performance

Shares of NYSE:ETD opened at $31.10 on Tuesday. Ethan Allen Interiors Inc. has a fifty-two week low of $24.76 and a fifty-two week high of $36.19. The business has a 50-day moving average of $32.37 and a two-hundred day moving average of $30.22. The stock has a market capitalization of $789.94 million, a P/E ratio of 9.97 and a beta of 1.22.

Ethan Allen Interiors (NYSE:ETD) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.09). Ethan Allen Interiors had a return on equity of 17.19% and a net margin of 11.37%. The business had revenue of $167.28 million for the quarter, compared to analyst estimates of $179.20 million. During the same period in the prior year, the firm posted $1.10 EPS. Ethan Allen Interiors’s revenue for the quarter was down 17.7% on a year-over-year basis. As a group, research analysts expect that Ethan Allen Interiors Inc. will post 2.7 EPS for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Investors of record on Tuesday, February 6th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, February 5th. This represents a $1.44 annualized dividend and a dividend yield of 4.63%. Ethan Allen Interiors’s dividend payout ratio is presently 46.15%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $30.00 price target on shares of Ethan Allen Interiors in a research report on Thursday, January 25th.

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.