Ethan Allen Interiors Inc. (NYSE:ETD) Stock Holdings Increased by Northern Trust Corp

Northern Trust Corp boosted its holdings in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 401,986 shares of the company's stock after purchasing an additional 23,982 shares during the period. Northern Trust Corp owned about 1.58% of Ethan Allen Interiors worth $11,300,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ETD. Hillsdale Investment Management Inc. lifted its position in shares of Ethan Allen Interiors by 213.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock worth $53,000 after purchasing an additional 1,280 shares during the last quarter. Quarry LP lifted its position in shares of Ethan Allen Interiors by 73.3% in the 4th quarter. Quarry LP now owns 2,604 shares of the company's stock worth $73,000 after buying an additional 1,101 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Ethan Allen Interiors during the 4th quarter valued at about $112,000. Prosperity Consulting Group LLC raised its stake in Ethan Allen Interiors by 35.1% during the fourth quarter. Prosperity Consulting Group LLC now owns 9,388 shares of the company's stock worth $264,000 after acquiring an additional 2,440 shares during the period. Finally, Arete Wealth Advisors LLC raised 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 worth $272,000 after acquiring an additional 1,688 shares during the period. Institutional investors and hedge funds own 83.80% of the company's stock.

Insider Transactions at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the firm's stock in a transaction that occurred 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 owns 1,621,905 shares in the company, valued at $42,672,320.55. This trade represents a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 30,700 shares of company stock valued at $817,395. Company insiders own 10.48% of the company's stock.

Analysts Set New Price Targets

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

Ethan Allen Interiors Price Performance

Shares of ETD stock traded up $0.16 during trading hours on Tuesday, reaching $27.24. The stock had a trading volume of 277,467 shares, compared to its average volume of 269,469. The firm has a market capitalization of $692.71 million, a PE ratio of 11.45 and a beta of 1.20. The firm has a 50-day simple moving average of $27.20 and a 200-day simple moving average of $28.40. Ethan Allen Interiors Inc. has a twelve month low of $24.55 and a twelve month high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted 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 return on equity of 12.62% and a net margin of 9.76%. The firm had revenue of $142.70 million during the quarter, compared to the consensus estimate of $146.85 million. During the same quarter last year, the company posted $0.48 EPS. Ethan Allen Interiors's revenue for the quarter was down 2.5% on a year-over-year basis. On average, equities analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current year.

Ethan Allen Interiors Announces Dividend

The business 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 $0.39 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 5.73%. Ethan Allen Interiors's dividend payout ratio is presently 69.33%.

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.