Ethan Allen Interiors Inc. (NYSE:ETD) Stock Holdings Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,000,235 shares of the company’s stock after selling 18,221 shares during the quarter. Dimensional Fund Advisors LP owned 7.87% of Ethan Allen Interiors worth $55,786,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its position in Ethan Allen Interiors by 1.6% during the first quarter. Vanguard Group Inc. now owns 1,640,722 shares of the company’s stock valued at $56,720,000 after buying an additional 25,472 shares during the period. First Trust Advisors LP increased its holdings in shares of Ethan Allen Interiors by 56.6% in the 4th quarter. First Trust Advisors LP now owns 779,958 shares of the company’s stock valued at $24,896,000 after purchasing an additional 281,900 shares during the period. American Century Companies Inc. lifted its position in shares of Ethan Allen Interiors by 15.3% in the second quarter. American Century Companies Inc. now owns 547,959 shares of the company’s stock worth $15,283,000 after purchasing an additional 72,767 shares in the last quarter. Hodges Capital Management Inc. lifted its position in shares of Ethan Allen Interiors by 16.6% in the second quarter. Hodges Capital Management Inc. now owns 544,546 shares of the company’s stock worth $15,187,000 after purchasing an additional 77,565 shares in the last quarter. Finally, UBS Group AG boosted its holdings in shares of Ethan Allen Interiors by 56.8% during the fourth quarter. UBS Group AG now owns 444,933 shares of the company’s stock worth $14,202,000 after purchasing an additional 161,158 shares during the period. Hedge funds and other institutional investors own 83.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reiterated a “market perform” rating and issued a $30.00 price objective on shares of Ethan Allen Interiors in a research note on Wednesday, July 24th.

Insider Transactions at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $31.05, for a total value of $310,500.00. Following the completion of the sale, the chief executive officer now owns 1,715,193 shares of the company’s stock, valued at approximately $53,256,742.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 30,000 shares of company stock worth $931,500 in the last 90 days. 10.90% of the stock is owned by insiders.

Ethan Allen Interiors Trading Up 1.2 %

ETD opened at $31.78 on Friday. The stock has a fifty day moving average price of $30.69 and a 200 day moving average price of $30.19. Ethan Allen Interiors Inc. has a 1 year low of $25.33 and a 1 year high of $35.62. The stock has a market cap of $807.85 million, a price-to-earnings ratio of 11.56 and a beta of 1.26.

Ethan Allen Interiors (NYSE:ETD) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.13. Ethan Allen Interiors had a return on equity of 13.45% and a net margin of 9.88%. The business had revenue of $168.63 million during the quarter, compared to analyst estimates of $159.65 million. During the same period in the previous year, the company earned $0.96 EPS. The firm’s revenue was down 10.0% on a year-over-year basis. As a group, sell-side analysts forecast that Ethan Allen Interiors Inc. will post 2.4 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Tuesday, August 13th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.91%. The ex-dividend date was Tuesday, August 13th. Ethan Allen Interiors’s dividend payout ratio is 56.73%.

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.