Brandywine Global Investment Management LLC Has $2.11 Million Stock Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

Brandywine Global Investment Management LLC lowered its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,964 shares of the company’s stock after selling 3,404 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Ethan Allen Interiors were worth $2,107,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted 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 worth $312,000 after purchasing an additional 1,097 shares in the last quarter. FMR LLC lifted its position in Ethan Allen Interiors by 421.3% during the 3rd quarter. FMR LLC now owns 18,943 shares of the company’s stock worth $604,000 after buying an additional 15,309 shares in the last quarter. Barclays PLC boosted its stake in shares of Ethan Allen Interiors by 113.8% during the 3rd quarter. Barclays PLC now owns 57,174 shares of the company’s stock worth $1,824,000 after buying an additional 30,437 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of 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 acquiring an additional 4,267 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Ethan Allen Interiors by 0.6% during the third quarter. Geode Capital Management LLC now owns 538,595 shares of the company’s stock worth $17,179,000 after acquiring an additional 3,310 shares in the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Wall Street Analyst Weigh In

ETD has been the subject of a number of analyst reports. Argus restated 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 issued a $32.00 price objective on shares of Ethan Allen Interiors in a research report on Thursday, January 30th.

Insider Buying and Selling at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $29.27, for a total transaction of $292,700.00. Following the transaction, the chief executive officer now directly owns 1,641,905 shares of the company’s stock, valued at approximately $48,058,559.35. This trade represents a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 30,000 shares of company stock valued at $846,400 in the last quarter. Company insiders own 10.48% of the company’s stock.

Ethan Allen Interiors Stock Up 0.7 %

Shares of NYSE:ETD opened at $28.07 on Thursday. Ethan Allen Interiors Inc. has a 12-month low of $26.13 and a 12-month high of $35.62. The business has a 50 day moving average of $28.54 and a 200-day moving average of $29.26. The stock has a market cap of $713.82 million, a PE ratio of 11.79 and a beta of 1.27.

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

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 11th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.56%. The ex-dividend date was Tuesday, February 11th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 65.55%.

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.