Ethan Allen Interiors Inc. (NYSE:ETD) Position Raised by Barclays PLC

Barclays PLC increased its position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 134.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 133,910 shares of the company's stock after purchasing an additional 76,736 shares during the period. Barclays PLC owned 0.53% of Ethan Allen Interiors worth $3,764,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hillsdale Investment Management Inc. grew its position in shares of Ethan Allen Interiors by 213.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock worth $53,000 after acquiring an additional 1,280 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Ethan Allen Interiors in the fourth quarter worth $112,000. Arete Wealth Advisors LLC increased its stake in Ethan Allen Interiors by 21.1% during the fourth quarter. Arete Wealth Advisors LLC now owns 9,706 shares of the company's stock valued at $272,000 after purchasing an additional 1,688 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Ethan Allen Interiors by 6.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company's stock worth $287,000 after purchasing an additional 650 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of Ethan Allen Interiors by 11.0% in the 4th quarter. Victory Capital Management Inc. now owns 11,101 shares of the company's stock worth $312,000 after buying an additional 1,097 shares during the last quarter. 83.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ETD. Telsey Advisory Group reiterated a "market perform" rating and set a $32.00 price objective on shares of Ethan Allen Interiors in a research note on Thursday. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th.

Ethan Allen Interiors Stock Up 1.5 %

ETD stock traded up $0.43 during mid-day trading on Friday, reaching $29.47. The company had a trading volume of 225,345 shares, compared to its average volume of 250,382. The stock's 50-day simple moving average is $27.40 and its two-hundred day simple moving average is $28.61. The stock has a market capitalization of $749.42 million, a P/E ratio of 12.38 and a beta of 1.18. Ethan Allen Interiors Inc. has a one year low of $24.55 and a one year high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted its earnings results 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%. On average, research analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $26.70, for a total transaction of $267,000.00. Following the sale, the chief executive officer now directly owns 1,631,905 shares in the company, valued at $43,571,863.50. The trade was a 0.61 % 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 90 days, insiders have sold 30,000 shares of company stock valued at $822,800. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors 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.