Two Sigma Investments LP Has $1.82 Million Stake in Ethan Allen Interiors Inc. (NYSE:ETD)

Two Sigma Investments LP decreased its holdings in Ethan Allen Interiors Inc. (NYSE:ETD) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,684 shares of the company’s stock after selling 28,003 shares during the quarter. Two Sigma Investments LP owned approximately 0.25% of Ethan Allen Interiors worth $1,818,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings 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. increased its stake 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 acquiring an additional 83,381 shares during the last quarter. Hodges Capital Management Inc. raised its position in shares of Ethan Allen Interiors by 17.9% in the 4th quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock valued at $18,162,000 after acquiring an additional 98,227 shares during the period. Royce & Associates LP boosted its stake in Ethan Allen Interiors by 87.9% during the 4th quarter. Royce & Associates LP now owns 590,993 shares of the company’s stock worth $16,613,000 after acquiring an additional 276,534 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings 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 purchasing an additional 5,029 shares during the period. Institutional investors and hedge funds own 83.80% of the company’s stock.

Insider Buying and Selling at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total transaction of $263,100.00. Following the sale, the chief executive officer now owns 1,621,905 shares in the company, valued at approximately $42,672,320.55. This trade represents a 0.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 31,366 shares of company stock valued at $835,490 in the last three months. Corporate insiders own 10.48% of the company’s stock.

Ethan Allen Interiors Stock Down 1.6%

Shares of Ethan Allen Interiors stock opened at $25.71 on Tuesday. The stock has a market cap of $653.68 million, a P/E ratio of 10.80 and a beta of 1.20. Ethan Allen Interiors Inc. has a 12-month low of $24.55 and a 12-month high of $35.62. The business’s 50 day moving average is $26.98 and its 200-day moving average is $28.22.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Monday, May 5th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $142.70 million for the quarter, compared to the consensus estimate of $146.85 million. During the same period last year, the firm earned $0.48 earnings per share. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. On average, sell-side analysts expect that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.39 per share. The ex-dividend date was Thursday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 6.07%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 69.33%.

Wall Street Analyst Weigh In

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

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.