Ethan Allen Interiors Inc. (NYSE:ETD) Shares Sold by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. lessened its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 27.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,958 shares of the company's stock after selling 37,417 shares during the period. Balyasny Asset Management L.P. owned approximately 0.38% of Ethan Allen Interiors worth $2,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Victory Capital Management Inc. boosted its position in Ethan Allen Interiors by 11.0% during 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. Barclays PLC boosted its position 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 purchasing an additional 30,437 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Ethan Allen Interiors by 6.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 75,792 shares of the company's stock worth $2,131,000 after purchasing an additional 4,267 shares in the last quarter. New York State Common Retirement Fund boosted its position in Ethan Allen Interiors by 107.5% during the fourth quarter. New York State Common Retirement Fund now owns 19,493 shares of the company's stock worth $548,000 after purchasing an additional 10,100 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Ethan Allen Interiors by 177.1% during the fourth quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company's stock worth $4,147,000 after purchasing an additional 94,287 shares in the last quarter. Institutional investors and hedge funds own 83.80% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group restated a "market perform" rating on shares of Ethan Allen Interiors in a research report on Tuesday, May 6th.

Ethan Allen Interiors Trading Up 0.1%

Shares of NYSE:ETD traded up $0.03 on Friday, hitting $27.57. The company had a trading volume of 362,223 shares, compared to its average volume of 269,100. Ethan Allen Interiors Inc. has a 52-week low of $24.55 and a 52-week high of $35.62. The business has a 50 day moving average of $27.20 and a 200 day moving average of $28.40. The company has a market cap of $701.00 million, a PE ratio of 11.58 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released its earnings results on Monday, May 5th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.07). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. The business had revenue of $142.70 million during the quarter, compared to analyst estimates of $146.85 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The business's revenue for the quarter was down 2.5% compared to the same quarter last year. As a group, equities analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.56 annualized dividend and a yield of 5.66%. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 69.33%.

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 dated Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total transaction of $292,700.00. Following the completion of the sale, the chief executive officer now directly owns 1,641,905 shares in the company, valued at $48,058,559.35. This represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 30,000 shares of company stock worth $822,800. 10.48% of the stock is owned by company insiders.

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.