NBC Securities Inc. Buys 11,495 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

NBC Securities Inc. boosted its position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 229,900.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 11,500 shares of the company's stock after purchasing an additional 11,495 shares during the period. NBC Securities Inc.'s holdings in Ethan Allen Interiors were worth $318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ETD. Rhumbline Advisers grew its holdings in shares of Ethan Allen Interiors by 78.0% in the first quarter. Rhumbline Advisers now owns 154,930 shares of the company's stock valued at $4,292,000 after acquiring an additional 67,884 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Ethan Allen Interiors by 5,743.0% during the 1st quarter. GAMMA Investing LLC now owns 22,437 shares of the company's stock worth $622,000 after purchasing an additional 22,053 shares during the period. Total Wealth Planning & Management Inc. purchased a new position in shares of Ethan Allen Interiors in the 4th quarter worth about $401,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Ethan Allen Interiors during the fourth quarter worth about $2,480,000. Finally, PharVision Advisers LLC bought a new stake in Ethan Allen Interiors in the fourth quarter worth about $310,000. Hedge funds and other institutional investors 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 note on Tuesday, May 6th.

Insider Activity at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the company'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 sale, the chief executive officer now owns 1,621,905 shares of the company's stock, valued at approximately $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 accessible through this hyperlink. In the last ninety days, insiders sold 31,366 shares of company stock worth $835,490. Corporate insiders own 10.48% of the company's stock.

Ethan Allen Interiors Price Performance

Shares of ETD traded up $0.45 during mid-day trading on Tuesday, hitting $27.09. The stock had a trading volume of 189,002 shares, compared to its average volume of 275,037. Ethan Allen Interiors Inc. has a 52 week low of $24.55 and a 52 week high of $35.62. The business has a fifty day moving average price of $26.86 and a 200-day moving average price of $28.11. The firm has a market cap of $688.97 million, a P/E ratio of 11.38 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by ($0.07). The firm had revenue of $142.70 million during the quarter, compared to the consensus estimate of $146.85 million. Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. The company's revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.48 earnings per share. As a group, research analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.76%. The ex-dividend date was Thursday, May 15th. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 69.33%.

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.