Ethan Allen Interiors Inc. (NYSE:ETD) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 29.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,901 shares of the company’s stock after selling 2,025 shares during the period. SG Americas Securities LLC’s holdings in Ethan Allen Interiors were worth $156,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vest Financial LLC purchased a new position in Ethan Allen Interiors during the fourth quarter worth about $242,000. Ziegler Capital Management LLC lifted its position in Ethan Allen Interiors by 4.8% during the fourth quarter. Ziegler Capital Management LLC now owns 32,055 shares of the company’s stock worth $1,023,000 after buying an additional 1,459 shares during the period. Range Financial Group LLC lifted its position in Ethan Allen Interiors by 3.9% during the fourth quarter. Range Financial Group LLC now owns 41,225 shares of the company’s stock worth $1,316,000 after buying an additional 1,564 shares during the period. Exchange Traded Concepts LLC lifted its position in Ethan Allen Interiors by 1.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 33,574 shares of the company’s stock worth $1,072,000 after buying an additional 378 shares during the period. Finally, Vanguard Group Inc. lifted its position in Ethan Allen Interiors by 0.8% during the third quarter. Vanguard Group Inc. now owns 1,543,769 shares of the company’s stock worth $46,159,000 after buying an additional 11,792 shares during the period. Institutional investors and hedge funds own 83.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $30.00 target price on shares of Ethan Allen Interiors in a research report on Thursday, January 25th.

Ethan Allen Interiors Price Performance

Ethan Allen Interiors stock opened at $31.10 on Tuesday. The stock’s 50-day moving average is $32.37 and its 200-day moving average is $30.22. The company has a market cap of $789.94 million, a price-to-earnings ratio of 9.97 and a beta of 1.22. Ethan Allen Interiors Inc. has a 12 month low of $24.76 and a 12 month high of $36.19.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Wednesday, January 24th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.09). The firm had revenue of $167.28 million during the quarter, compared to analysts’ expectations of $179.20 million. Ethan Allen Interiors had a return on equity of 17.19% and a net margin of 11.37%. The business’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.10 earnings per share. Research analysts anticipate that Ethan Allen Interiors Inc. will post 2.7 EPS for the current year.

Ethan Allen Interiors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Investors of record on Tuesday, February 6th were issued a dividend of $0.36 per share. The ex-dividend date was Monday, February 5th. This represents a $1.44 annualized dividend and a dividend yield of 4.63%. Ethan Allen Interiors’s payout ratio is currently 46.15%.

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.