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Total Wealth Planning & Management Inc. Invests $401,000 in Ethan Allen Interiors Inc. (NYSE:ETD)

Ethan Allen Interiors logo with Retail/Wholesale background

Total Wealth Planning & Management Inc. bought a new position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,248 shares of the company's stock, valued at approximately $401,000. Total Wealth Planning & Management Inc. owned about 0.06% of Ethan Allen Interiors as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Ethan Allen Interiors by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company's stock worth $46,854,000 after acquiring an additional 68,957 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Ethan Allen Interiors by 13.0% during the fourth quarter. American Century Companies Inc. now owns 726,213 shares of the company's stock valued at $20,414,000 after buying an additional 83,381 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Ethan Allen Interiors by 17.9% during the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company's stock valued at $18,162,000 after buying an additional 98,227 shares during the last quarter. Royce & Associates LP raised its holdings in shares of Ethan Allen Interiors by 87.9% during the fourth quarter. Royce & Associates LP now owns 590,993 shares of the company's stock valued at $16,613,000 after buying an additional 276,534 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Ethan Allen Interiors by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 543,624 shares of the company's stock valued at $15,285,000 after buying an additional 5,029 shares during the last quarter. Institutional investors own 83.80% of the company's stock.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on Ethan Allen Interiors

Insider Activity

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $26.85, for a total transaction of $268,500.00. Following the completion of the transaction, the chief executive officer now owns 1,611,905 shares of the company's stock, valued at $43,279,649.25. The trade was a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 31,366 shares of company stock worth $835,490 in the last ninety days. Corporate insiders own 10.48% of the company's stock.

Ethan Allen Interiors Stock Down 0.8%

Ethan Allen Interiors stock traded down $0.22 during mid-day trading on Friday, hitting $26.16. The company's stock had a trading volume of 166,966 shares, compared to its average volume of 272,590. The stock has a market capitalization of $665.25 million, a P/E ratio of 10.99 and a beta of 1.20. Ethan Allen Interiors Inc. has a twelve month low of $24.55 and a twelve month high of $35.62. The stock's fifty day moving average price is $27.02 and its two-hundred day moving average price is $28.26.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.38 earnings per share (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 business had revenue of $142.70 million during the quarter, compared to analyst estimates of $146.85 million. During the same quarter last year, the firm posted $0.48 EPS. The company's quarterly revenue was down 2.5% compared to the same quarter last year. 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 declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.96%. The ex-dividend date was Thursday, May 15th. Ethan Allen Interiors's dividend payout ratio is currently 69.33%.

Ethan Allen Interiors Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ethan Allen Interiors (NYSE:ETD)

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