Ethan Allen Interiors Inc. (NYSE:ETD) Holdings Raised by Gotham Asset Management LLC

Gotham Asset Management LLC lifted its stake in Ethan Allen Interiors Inc. (NYSE:ETD) by 5.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,237 shares of the company’s stock after purchasing an additional 561 shares during the quarter. Gotham Asset Management LLC’s holdings in Ethan Allen Interiors were worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Ethan Allen Interiors by 4.3% in the 4th quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company’s stock valued at $46,854,000 after purchasing an additional 68,957 shares during the period. American Century Companies Inc. boosted its position in shares of Ethan Allen Interiors by 13.0% in the 4th quarter. American Century Companies Inc. now owns 726,213 shares of the company’s stock valued at $20,414,000 after purchasing an additional 83,381 shares during the period. Hodges Capital Management Inc. raised its position in Ethan Allen Interiors by 17.9% during 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 raised its position in Ethan Allen Interiors by 87.9% during 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 raised its position in Ethan Allen Interiors by 0.9% during 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. Institutional investors and hedge funds own 83.80% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Transactions at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $26.31, for a total transaction of $263,100.00. Following the completion of the sale, the chief executive officer now owns 1,621,905 shares in the company, valued at approximately $42,672,320.55. This represents a 0.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 31,366 shares of company stock worth $835,490. 10.48% of the stock is owned by corporate insiders.

Ethan Allen Interiors Trading Up 0.6%

NYSE:ETD opened at $27.24 on Wednesday. The firm has a market capitalization of $692.71 million, a price-to-earnings ratio of 11.45 and a beta of 1.20. Ethan Allen Interiors Inc. has a 1-year low of $24.55 and a 1-year high of $35.62. The business’s fifty day moving average price is $27.22 and its 200 day moving average price is $28.39.

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

Ethan Allen Interiors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 5.73%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 69.33%.

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.