Ethan Allen Interiors Inc. (NYSE:ETD) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. lifted its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 13.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 726,213 shares of the company’s stock after buying an additional 83,381 shares during the quarter. American Century Companies Inc.’s holdings in Ethan Allen Interiors were worth $20,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC increased its stake in Ethan Allen Interiors by 2.4% during the fourth quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company’s stock worth $417,000 after purchasing an additional 342 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Ethan Allen Interiors by 6.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company’s stock worth $287,000 after buying an additional 650 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Ethan Allen Interiors by 3.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 33,015 shares of the company’s stock valued at $1,053,000 after buying an additional 1,065 shares during the period. Victory Capital Management Inc. grew its stake in shares of Ethan Allen Interiors by 11.0% in the fourth quarter. Victory Capital Management Inc. now owns 11,101 shares of the company’s stock worth $312,000 after acquiring an additional 1,097 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV increased its position in shares of Ethan Allen Interiors by 2.1% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 57,576 shares of the company’s stock worth $1,618,000 after acquiring an additional 1,164 shares during the period. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ETD has been the subject of several analyst reports. Argus reissued a “hold” rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th. Telsey Advisory Group reissued a “market perform” rating and set a $32.00 price objective on shares of Ethan Allen Interiors in a research report on Thursday, January 30th.

Ethan Allen Interiors Trading Down 1.2 %

Shares of ETD opened at $27.56 on Monday. The firm has a market capitalization of $700.72 million, a price-to-earnings ratio of 11.58 and a beta of 1.27. The firm’s fifty day simple moving average is $28.59 and its 200-day simple moving average is $29.30. Ethan Allen Interiors Inc. has a twelve month low of $26.13 and a twelve month high of $35.62.

Ethan Allen Interiors (NYSE:ETD) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. On average, analysts predict that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date was Tuesday, February 11th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 65.55%.

Insiders Place Their Bets

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $29.27, for a total value of $292,700.00. Following the completion of the transaction, the chief executive officer now owns 1,641,905 shares in the company, valued at $48,058,559.35. This represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 30,000 shares of company stock valued at $846,400. 10.48% of the stock is owned by corporate insiders.

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.