American Century Companies Inc. Has $21.96 Million Stock Position in Ethan Allen Interiors Inc. $ETD

American Century Companies Inc. lifted its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 9.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 792,940 shares of the company’s stock after buying an additional 66,727 shares during the period. American Century Companies Inc. owned about 3.12% of Ethan Allen Interiors worth $21,964,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Ethan Allen Interiors by 12.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,443 shares of the company’s stock worth $508,000 after buying an additional 2,073 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Ethan Allen Interiors by 5,743.0% during the first quarter. GAMMA Investing LLC now owns 22,437 shares of the company’s stock worth $622,000 after buying an additional 22,053 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ethan Allen Interiors by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 902,260 shares of the company’s stock worth $24,993,000 after buying an additional 64,565 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Ethan Allen Interiors by 28.0% during the fourth quarter. Deutsche Bank AG now owns 15,938 shares of the company’s stock worth $448,000 after buying an additional 3,491 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ethan Allen Interiors by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,006 shares of the company’s stock worth $366,000 after buying an additional 448 shares in the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $30.00 price target on shares of Ethan Allen Interiors in a report on Thursday, July 31st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Ethan Allen Interiors has an average rating of “Hold” and an average target price of $30.00.

Ethan Allen Interiors Stock Performance

Shares of NYSE:ETD opened at $29.9550 on Friday. The firm has a market cap of $761.76 million, a PE ratio of 14.90 and a beta of 1.19. The firm’s fifty day moving average is $29.12 and its 200-day moving average is $28.01. Ethan Allen Interiors Inc. has a 52 week low of $24.55 and a 52 week high of $33.77.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.04. The company had revenue of $160.36 million for the quarter, compared to analyst estimates of $152.20 million. Ethan Allen Interiors had a net margin of 8.39% and a return on equity of 10.92%. Ethan Allen Interiors’s revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share. Sell-side analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Wednesday, August 13th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Wednesday, August 13th. Ethan Allen Interiors’s payout ratio is 77.61%.

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.