Ethan Allen Interiors Inc. (NYSE:ETD) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,241 shares of the company’s stock after acquiring an additional 2,389 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.15% of Ethan Allen Interiors worth $1,103,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Victory Capital Management Inc. grew its position in Ethan Allen Interiors by 11.0% in the fourth quarter. Victory Capital Management Inc. now owns 11,101 shares of the company’s stock valued at $312,000 after acquiring an additional 1,097 shares in the last quarter. Barclays PLC grew its position in shares of Ethan Allen Interiors by 113.8% during the third quarter. Barclays PLC now owns 57,174 shares of the company’s stock worth $1,824,000 after buying an additional 30,437 shares in the last quarter. New York State Common Retirement Fund grew its position in shares of Ethan Allen Interiors by 107.5% during the fourth quarter. New York State Common Retirement Fund now owns 19,493 shares of the company’s stock worth $548,000 after buying an additional 10,100 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Ethan Allen Interiors by 177.1% during the fourth quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company’s stock worth $4,147,000 after buying an additional 94,287 shares in the last quarter. Finally, Intech Investment Management LLC grew its position in shares of Ethan Allen Interiors by 107.5% during the fourth quarter. Intech Investment Management LLC now owns 19,832 shares of the company’s stock worth $557,000 after buying an additional 10,274 shares in the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Analyst Ratings Changes

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

Ethan Allen Interiors Trading Up 1.8%

ETD stock opened at $26.66 on Tuesday. Ethan Allen Interiors Inc. has a twelve month low of $24.55 and a twelve month high of $35.62. The company has a market capitalization of $677.96 million, a P/E ratio of 11.20 and a beta of 1.16. The firm has a 50 day simple moving average of $26.83 and a 200-day simple moving average of $28.12.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings results on Monday, May 5th. The company reported $0.38 earnings per share 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 analyst estimates of $146.85 million. During the same period in the previous year, the business posted $0.48 EPS. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. On average, research analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date was Thursday, May 15th. Ethan Allen Interiors’s dividend payout ratio is presently 69.33%.

Insiders Place Their Bets

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total value of $263,100.00. Following the completion of the transaction, the chief executive officer now owns 1,621,905 shares of the company’s stock, valued at $42,672,320.55. The trade was a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders sold a total of 31,366 shares of company stock valued at $835,490 over the last 90 days. 10.48% of the stock is owned by company insiders.

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.