Ethan Allen Interiors Inc. (NYSE:ETD) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC grew its stake in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 5,743.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 22,437 shares of the company's stock after acquiring an additional 22,053 shares during the period. GAMMA Investing LLC owned about 0.09% of Ethan Allen Interiors worth $622,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sanctuary Advisors LLC increased its stake in Ethan Allen Interiors by 2.4% during the 4th quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company's stock worth $417,000 after buying an additional 342 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ethan Allen Interiors by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,006 shares of the company's stock worth $366,000 after buying an additional 448 shares during the period. Gotham Asset Management LLC increased its stake in Ethan Allen Interiors by 5.8% during the 4th quarter. Gotham Asset Management LLC now owns 10,237 shares of the company's stock worth $288,000 after buying an additional 561 shares during the period. Unison Advisors LLC increased its stake in Ethan Allen Interiors by 2.6% during the 4th quarter. Unison Advisors LLC now owns 30,458 shares of the company's stock worth $856,000 after buying an additional 781 shares during the period. Finally, Comerica Bank increased its stake in Ethan Allen Interiors by 4.3% during the 4th quarter. Comerica Bank now owns 20,927 shares of the company's stock worth $588,000 after buying an additional 858 shares during the period. 83.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $26.85, for a total value of $268,500.00. Following the sale, the chief executive officer now directly owns 1,611,905 shares of the company's stock, valued at approximately $43,279,649.25. This represents a 0.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders have sold 21,366 shares of company stock valued at $568,490. Insiders own 10.48% of the company's stock.

Ethan Allen Interiors Trading Up 0.2%

ETD traded up $0.05 during trading hours on Friday, hitting $27.30. 433,209 shares of the company's stock were exchanged, compared to its average volume of 276,499. Ethan Allen Interiors Inc. has a 12-month low of $24.55 and a 12-month high of $35.62. The firm has a 50 day moving average of $26.95 and a 200 day moving average of $27.88. The firm has a market cap of $694.34 million, a P/E ratio of 12.14 and a beta of 1.16.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.07). Ethan Allen Interiors had a net margin of 9.29% and a return on equity of 12.08%. The firm had revenue of $142.70 million during the quarter, compared to analysts' expectations of $146.85 million. During the same period in the prior year, the company posted $0.48 earnings per share. The company's revenue for the quarter was down 2.5% on a year-over-year basis. As a group, research analysts expect that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date was Thursday, May 15th. Ethan Allen Interiors's dividend payout ratio is presently 69.33%.

Analysts Set New Price Targets

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

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.