BNP Paribas Financial Markets Sells 6,079 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

BNP Paribas Financial Markets lessened its position in shares of Ethan Allen Interiors Inc. (NYSE:ETDFree Report) by 18.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,403 shares of the company’s stock after selling 6,079 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.11% of Ethan Allen Interiors worth $875,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ETD. American Century Companies Inc. grew its position in Ethan Allen Interiors by 10.8% during the 3rd quarter. American Century Companies Inc. now owns 375,968 shares of the company’s stock worth $11,241,000 after acquiring an additional 36,579 shares during the last quarter. Mainstay Capital Management LLC ADV grew its holdings in shares of Ethan Allen Interiors by 26.4% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 55,618 shares of the company’s stock worth $1,775,000 after purchasing an additional 11,609 shares during the last quarter. Cambria Investment Management L.P. increased its stake in shares of Ethan Allen Interiors by 8.5% in the third quarter. Cambria Investment Management L.P. now owns 286,216 shares of the company’s stock valued at $8,558,000 after buying an additional 22,344 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Ethan Allen Interiors by 35.6% in the third quarter. Invesco Ltd. now owns 416,348 shares of the company’s stock valued at $12,449,000 after buying an additional 109,235 shares during the last quarter. Finally, SummerHaven Investment Management LLC lifted its position in Ethan Allen Interiors by 1.4% during the 4th quarter. SummerHaven Investment Management LLC now owns 24,882 shares of the company’s stock worth $794,000 after buying an additional 347 shares in the last quarter. Institutional investors own 83.80% of the company’s stock.

Ethan Allen Interiors Stock Performance

NYSE:ETD opened at $27.99 on Thursday. The company has a market cap of $711.23 million, a price-to-earnings ratio of 10.18 and a beta of 1.25. The stock’s fifty day moving average price is $30.98 and its two-hundred day moving average price is $30.58. Ethan Allen Interiors Inc. has a 52-week low of $24.76 and a 52-week high of $36.19.

Ethan Allen Interiors (NYSE:ETDGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.18). The firm had revenue of $146.42 million during the quarter, compared to the consensus estimate of $168.15 million. Ethan Allen Interiors had a net margin of 10.63% and a return on equity of 14.93%. Ethan Allen Interiors’s revenue was down 21.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 EPS. On average, equities analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Tuesday, May 7th were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, May 6th. This is a boost from Ethan Allen Interiors’s previous quarterly dividend of $0.36. This represents a $1.56 dividend on an annualized basis and a yield of 5.57%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 56.73%.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on Ethan Allen Interiors

About Ethan Allen Interiors

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

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