Voya Investment Management LLC Has $206,000 Position in Ethan Allen Interiors Inc. (NYSE:ETD)

Voya Investment Management LLC reduced its holdings in Ethan Allen Interiors Inc. (NYSE:ETD) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,331 shares of the company’s stock after selling 489 shares during the period. Voya Investment Management LLC’s holdings in Ethan Allen Interiors were worth $206,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ETD. Vanguard Group Inc. lifted its stake in Ethan Allen Interiors by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company’s stock valued at $46,854,000 after buying an additional 68,957 shares during the period. American Century Companies Inc. lifted its stake in Ethan Allen Interiors by 13.0% in the fourth quarter. American Century Companies Inc. now owns 726,213 shares of the company’s stock valued at $20,414,000 after buying an additional 83,381 shares during the period. Hodges Capital Management Inc. lifted its stake in Ethan Allen Interiors by 17.9% in the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock valued at $18,162,000 after buying an additional 98,227 shares during the period. Royce & Associates LP lifted its stake in Ethan Allen Interiors by 87.9% in the fourth quarter. Royce & Associates LP now owns 590,993 shares of the company’s stock valued at $16,613,000 after buying an additional 276,534 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Ethan Allen Interiors by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 543,624 shares of the company’s stock valued at $15,285,000 after buying an additional 5,029 shares during the period. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Stock Performance

ETD opened at $27.46 on Wednesday. The firm’s fifty day moving average is $27.23 and its two-hundred day moving average is $28.45. The firm has a market cap of $698.31 million, a PE ratio of 11.54 and a beta of 1.20. Ethan Allen Interiors Inc. has a twelve month low of $24.55 and a twelve month high of $35.62.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings results on Monday, May 5th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). The business had revenue of $142.70 million for the quarter, compared to analyst estimates of $146.85 million. Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 EPS. Equities analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date of this dividend is Thursday, May 15th. Ethan Allen Interiors’s dividend payout ratio is currently 69.33%.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $26.70, for a total value of $267,000.00. Following the sale, the chief executive officer now owns 1,631,905 shares of the company’s stock, valued at approximately $43,571,863.50. This trade represents a 0.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 30,000 shares of company stock worth $822,800 over the last ninety days. Company insiders own 10.48% of the company’s stock.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reiterated a “market perform” rating on shares of Ethan Allen Interiors in a report on Tuesday, May 6th.

About Ethan Allen Interiors

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.