Ethan Allen Interiors Inc. (NYSE:ETD) Shares Sold by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC cut its holdings in Ethan Allen Interiors Inc. (NYSE:ETD) by 12.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,100 shares of the company’s stock after selling 1,500 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in Ethan Allen Interiors were worth $323,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Ethan Allen Interiors by 10.8% during the third quarter. American Century Companies Inc. now owns 375,968 shares of the company’s stock worth $11,241,000 after acquiring an additional 36,579 shares during the period. Mainstay Capital Management LLC ADV increased its stake in shares of Ethan Allen Interiors by 26.4% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 55,618 shares of the company’s stock worth $1,775,000 after acquiring an additional 11,609 shares during the period. Cambria Investment Management L.P. grew its position in Ethan Allen Interiors by 8.5% during the third quarter. Cambria Investment Management L.P. now owns 286,216 shares of the company’s stock worth $8,558,000 after buying an additional 22,344 shares during the period. Invesco Ltd. grew its position in Ethan Allen Interiors by 35.6% during the third quarter. Invesco Ltd. now owns 416,348 shares of the company’s stock worth $12,449,000 after buying an additional 109,235 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in Ethan Allen Interiors by 6.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 66,868 shares of the company’s stock worth $2,134,000 after buying an additional 4,068 shares during the period. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Price Performance

Shares of NYSE ETD traded up $0.56 on Friday, hitting $31.82. The company’s stock had a trading volume of 157,519 shares, compared to its average volume of 169,087. The company has a market capitalization of $808.23 million, a price-to-earnings ratio of 10.20 and a beta of 1.22. The stock has a 50 day moving average of $32.47 and a 200-day moving average of $30.26. Ethan Allen Interiors Inc. has a 12-month low of $24.76 and a 12-month high of $36.19.

Ethan Allen Interiors (NYSE:ETD) last announced its quarterly earnings data on Wednesday, January 24th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.09). The firm had revenue of $167.28 million for the quarter, compared to analysts’ expectations of $179.20 million. Ethan Allen Interiors had a net margin of 11.37% and a return on equity of 17.19%. The business’s quarterly revenue was down 17.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 EPS. Sell-side analysts expect that Ethan Allen Interiors Inc. will post 2.7 EPS for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Tuesday, February 6th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Monday, February 5th. Ethan Allen Interiors’s dividend payout ratio is currently 46.15%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group restated a “market perform” rating and set a $30.00 target price on shares of Ethan Allen Interiors in a research report on Friday.

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.