Rothschild Investment LLC Sells 19,798 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Rothschild Investment LLC lowered its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 66.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,810 shares of the company’s stock after selling 19,798 shares during the period. Rothschild Investment LLC’s holdings in Ethan Allen Interiors were worth $276,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC grew its position in shares of Ethan Allen Interiors by 679.5% during the 3rd quarter. Jane Street Group LLC now owns 266,161 shares of the company’s stock worth $8,488,000 after buying an additional 232,015 shares during the period. Hodges Capital Management Inc. boosted its stake in Ethan Allen Interiors by 17.9% during the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock worth $18,162,000 after acquiring an additional 98,227 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Ethan Allen Interiors during the third quarter worth $1,132,000. Kovitz Investment Group Partners LLC boosted its stake in Ethan Allen Interiors by 401.3% during the third quarter. Kovitz Investment Group Partners LLC now owns 39,760 shares of the company’s stock worth $1,258,000 after acquiring an additional 31,828 shares in the last quarter. Finally, Barclays PLC boosted its stake in Ethan Allen Interiors by 113.8% during the third quarter. Barclays PLC now owns 57,174 shares of the company’s stock worth $1,824,000 after acquiring an additional 30,437 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction 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 $48,058,559.35. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 10.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Telsey Advisory Group restated a “market perform” rating and issued a $32.00 target price on shares of Ethan Allen Interiors in a research note on Thursday, January 30th. Argus reissued a “hold” rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.

Ethan Allen Interiors Trading Up 1.3 %

NYSE ETD opened at $28.87 on Wednesday. The company has a fifty day simple moving average of $28.83 and a 200 day simple moving average of $29.77. Ethan Allen Interiors Inc. has a 12-month low of $26.53 and a 12-month high of $35.62. The company has a market cap of $734.09 million, a P/E ratio of 12.13 and a beta of 1.31.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 earnings per share (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%. Sell-side analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.40%. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 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.