Ethan Allen Interiors Inc. (NYSE:ETD) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,890,448 shares of the company's stock after selling 48,630 shares during the period. Dimensional Fund Advisors LP owned 7.43% of Ethan Allen Interiors worth $53,140,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its stake in Ethan Allen Interiors by 7.4% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 24,189 shares of the company's stock worth $679,000 after purchasing an additional 1,676 shares during the period. Barclays PLC raised its position in shares of Ethan Allen Interiors by 134.2% in the 4th quarter. Barclays PLC now owns 133,910 shares of the company's stock worth $3,764,000 after buying an additional 76,736 shares during the period. LSV Asset Management boosted its holdings in Ethan Allen Interiors by 0.9% in the fourth quarter. LSV Asset Management now owns 533,500 shares of the company's stock valued at $14,997,000 after acquiring an additional 5,000 shares during the last quarter. Renaissance Technologies LLC grew its position in Ethan Allen Interiors by 36.3% during the fourth quarter. Renaissance Technologies LLC now owns 315,900 shares of the company's stock valued at $8,880,000 after acquiring an additional 84,100 shares during the period. Finally, Invesco Ltd. increased its stake in Ethan Allen Interiors by 6.7% during the fourth quarter. Invesco Ltd. now owns 351,472 shares of the company's stock worth $9,880,000 after acquiring an additional 22,115 shares during the last quarter. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ETD has been the subject of a number of research reports. Telsey Advisory Group reiterated a "market perform" rating and set a $32.00 target price on shares of Ethan Allen Interiors in a report on Thursday. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.

Ethan Allen Interiors Price Performance

NYSE ETD traded down $0.42 during trading hours on Monday, hitting $29.03. The company had a trading volume of 297,871 shares, compared to its average volume of 250,572. Ethan Allen Interiors Inc. has a fifty-two week low of $24.55 and a fifty-two week high of $35.62. The firm's 50 day moving average is $27.40 and its 200 day moving average is $28.59. The company has a market capitalization of $738.33 million, a price-to-earnings ratio of 12.20 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released its quarterly 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 return on equity of 12.62% and a net margin of 9.76%. During the same period last year, the business earned $0.48 EPS. The company's revenue was down 2.5% on a year-over-year basis. On average, equities analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Insider Activity

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total transaction of $263,100.00. Following the transaction, the chief executive officer now directly owns 1,621,905 shares in the company, valued at $42,672,320.55. This represents a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders sold 30,000 shares of company stock worth $822,800. 10.48% of the stock is currently owned by company insiders.

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.