927 Shares in Ethan Allen Interiors Inc. (NYSE:ETD) Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. bought a new position in shares of Ethan Allen Interiors Inc. (NYSE:ETD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 927 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors have also made changes to their positions in ETD. AJOVista LLC acquired a new position in shares of Ethan Allen Interiors during the 4th quarter worth approximately $41,000. Charles Schwab Investment Management Inc. boosted its stake in Ethan Allen Interiors by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 731,077 shares of the company’s stock valued at $23,336,000 after purchasing an additional 5,108 shares during the period. UBS Group AG boosted its stake in Ethan Allen Interiors by 56.8% in the 4th quarter. UBS Group AG now owns 444,933 shares of the company’s stock valued at $14,202,000 after purchasing an additional 161,158 shares during the period. Campbell & CO Investment Adviser LLC boosted its stake in Ethan Allen Interiors by 189.1% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 28,654 shares of the company’s stock valued at $915,000 after purchasing an additional 18,743 shares during the period. Finally, First Trust Advisors LP boosted its stake in Ethan Allen Interiors by 56.6% in the 4th quarter. First Trust Advisors LP now owns 779,958 shares of the company’s stock valued at $24,896,000 after purchasing an additional 281,900 shares during the period. 83.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $30.36, for a total transaction of $303,600.00. Following the completion of the sale, the chief executive officer now directly owns 1,712,319 shares in the company, valued at approximately $51,986,004.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 10.90% of the company’s stock.

Ethan Allen Interiors Stock Performance

NYSE:ETD opened at $30.60 on Wednesday. The stock has a fifty day moving average price of $29.67 and a 200-day moving average price of $30.38. The company has a market cap of $777.61 million, a price-to-earnings ratio of 11.13 and a beta of 1.28. Ethan Allen Interiors Inc. has a fifty-two week low of $25.33 and a fifty-two week high of $35.62.

Ethan Allen Interiors (NYSE:ETD) last released its earnings results on Wednesday, July 31st. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.13. The firm had revenue of $168.63 million during the quarter, compared to the consensus estimate of $159.65 million. Ethan Allen Interiors had a return on equity of 13.45% and a net margin of 9.88%. The company’s revenue was down 10.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 EPS. Research analysts predict that Ethan Allen Interiors Inc. will post 2.4 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Tuesday, August 13th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, August 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.10%. Ethan Allen Interiors’s payout ratio is 56.73%.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group restated a “market perform” rating and issued a $30.00 price target on shares of Ethan Allen Interiors in a research note on Wednesday, July 24th.

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.