Unison Advisors LLC Has $946,000 Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

Unison Advisors LLC boosted its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,677 shares of the company’s stock after buying an additional 421 shares during the period. Unison Advisors LLC’s holdings in Ethan Allen Interiors were worth $946,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Boston Partners acquired a new position in shares of Ethan Allen Interiors in the 1st quarter valued at about $1,147,000. Vanguard Group Inc. increased its holdings in shares of Ethan Allen Interiors by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 1,640,722 shares of the company’s stock valued at $56,720,000 after purchasing an additional 25,472 shares during the period. First Eagle Investment Management LLC acquired a new position in shares of Ethan Allen Interiors in the 1st quarter valued at about $2,354,000. Inspire Investing LLC acquired a new position in shares of Ethan Allen Interiors in the 1st quarter valued at about $742,000. Finally, Heartland Advisors Inc. acquired a new position in shares of Ethan Allen Interiors in the 1st quarter valued at about $5,490,000. Institutional investors and hedge funds own 83.80% of the company’s stock.

Insider Buying and Selling

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $30.36, for a total transaction of $303,600.00. Following the completion of the sale, the chief executive officer now owns 1,712,319 shares of the company’s stock, valued at $51,986,004.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders have sold 30,000 shares of company stock worth $931,500. Insiders own 10.90% of the company’s stock.

Ethan Allen Interiors Price Performance

NYSE:ETD traded down $0.38 during mid-day trading on Thursday, reaching $29.65. The stock had a trading volume of 11,284 shares, compared to its average volume of 233,410. The business’s 50 day moving average is $30.85 and its 200 day moving average is $30.08. Ethan Allen Interiors Inc. has a fifty-two week low of $25.33 and a fifty-two week high of $35.62. The stock has a market cap of $753.47 million, a P/E ratio of 10.93 and a beta of 1.25.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $168.63 million for the quarter, compared to the consensus estimate of $159.65 million. During the same quarter in the prior year, the company posted $0.96 earnings per share. The firm’s revenue was down 10.0% on a year-over-year basis. Equities analysts expect that Ethan Allen Interiors Inc. will post 2.4 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Tuesday, August 13th were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $1.56 dividend on an annualized basis and a yield of 5.26%. Ethan Allen Interiors’s dividend payout ratio is currently 56.73%.

Wall Street Analysts Forecast Growth

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

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.