Ethan Allen Interiors Inc. (NYSE:ETD) SVP Douglas H. Diefenbach Sells 666 Shares

Ethan Allen Interiors Inc. (NYSE:ETD) SVP Douglas H. Diefenbach sold 666 shares of the firm’s stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $27.17, for a total value of $18,095.22. Following the transaction, the senior vice president now owns 6,097 shares in the company, valued at approximately $165,655.49. This trade represents a 9.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ethan Allen Interiors Trading Up 0.6%

NYSE ETD opened at $27.24 on Wednesday. Ethan Allen Interiors Inc. has a 1 year low of $24.55 and a 1 year high of $35.62. The company has a fifty day simple moving average of $27.22 and a 200 day simple moving average of $28.39. The company has a market cap of $692.71 million, a P/E ratio of 11.45 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETD) last released its 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 firm had revenue of $142.70 million for the quarter, compared to analyst estimates of $146.85 million. During the same period in the prior year, the firm earned $0.48 EPS. The firm’s revenue was down 2.5% on a year-over-year basis. Equities research analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 5.73%. Ethan Allen Interiors’s dividend payout ratio is presently 69.33%.

Institutional Trading of Ethan Allen Interiors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. boosted its position 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 valued at $312,000 after acquiring an additional 1,097 shares during the period. Barclays PLC raised its stake in Ethan Allen Interiors by 113.8% during the 3rd quarter. Barclays PLC now owns 57,174 shares of the company’s stock valued at $1,824,000 after purchasing an additional 30,437 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Ethan Allen Interiors by 6.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 75,792 shares of the company’s stock valued at $2,131,000 after purchasing an additional 4,267 shares during the period. New York State Common Retirement Fund boosted its holdings in Ethan Allen Interiors by 107.5% in the 4th quarter. New York State Common Retirement Fund now owns 19,493 shares of the company’s stock valued at $548,000 after purchasing an additional 10,100 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Ethan Allen Interiors by 177.1% in the 4th quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company’s stock worth $4,147,000 after purchasing an additional 94,287 shares during 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 reissued a “market perform” rating on shares of Ethan Allen Interiors in a 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.