PharVision Advisers LLC Purchases Shares of 11,028 Ethan Allen Interiors Inc. (NYSE:ETD)

PharVision Advisers LLC acquired a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,028 shares of the company's stock, valued at approximately $310,000.

Other hedge funds also recently bought and sold shares of the company. Royce & Associates LP grew its stake in Ethan Allen Interiors by 87.9% in the 4th quarter. Royce & Associates LP now owns 590,993 shares of the company's stock worth $16,613,000 after acquiring an additional 276,534 shares in the last quarter. Hodges Capital Management Inc. boosted its holdings in shares of Ethan Allen Interiors by 17.9% in the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company's stock valued at $18,162,000 after purchasing an additional 98,227 shares during the period. JPMorgan Chase & Co. grew its stake in Ethan Allen Interiors by 177.1% in the fourth quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company's stock worth $4,147,000 after purchasing an additional 94,287 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Ethan Allen Interiors by 54.1% during the 4th quarter. Teacher Retirement System of Texas now owns 261,025 shares of the company's stock worth $7,337,000 after purchasing an additional 91,602 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Ethan Allen Interiors by 67.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 217,329 shares of the company's stock worth $6,109,000 after purchasing an additional 87,278 shares during the period. Institutional investors own 83.80% of the company's stock.

Insiders Place Their Bets

In other news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $26.85, for a total value of $268,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,611,905 shares of the company's stock, valued at approximately $43,279,649.25. The trade was a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold a total of 31,366 shares of company stock worth $835,490 over the last 90 days. Company insiders own 10.48% of the company's stock.

Analysts Set New Price Targets

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

Ethan Allen Interiors Stock Performance

Ethan Allen Interiors stock traded up $0.41 during midday trading on Tuesday, hitting $26.48. 42,538 shares of the company's stock were exchanged, compared to its average volume of 271,073. The company has a market cap of $673.26 million, a PE ratio of 11.12 and a beta of 1.20. The firm has a 50-day moving average of $27.14 and a two-hundred day moving average of $28.32. Ethan Allen Interiors Inc. has a 12 month low of $24.55 and a 12 month high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported $0.38 earnings per share 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 business had revenue of $142.70 million during the quarter, compared to analysts' expectations of $146.85 million. During the same period in the previous 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. As a group, equities analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current year.

Ethan Allen Interiors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.56 dividend on an annualized basis and a yield of 5.89%. Ethan Allen Interiors's dividend payout ratio is currently 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.