Universal Beteiligungs und Servicegesellschaft mbH Makes New $2.48 Million Investment in Ethan Allen Interiors Inc. (NYSE:ETD)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 88,227 shares of the company's stock, valued at approximately $2,480,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.35% of Ethan Allen Interiors at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of Ethan Allen Interiors during the 4th quarter valued at $52,000. Hillsdale Investment Management Inc. raised its stake in shares of Ethan Allen Interiors by 213.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock valued at $53,000 after purchasing an additional 1,280 shares during the period. Quarry LP raised its stake in shares of Ethan Allen Interiors by 73.3% during the 4th quarter. Quarry LP now owns 2,604 shares of the company's stock valued at $73,000 after purchasing an additional 1,101 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of Ethan Allen Interiors during the 4th quarter valued at $112,000. Finally, Prosperity Consulting Group LLC raised its stake in shares of Ethan Allen Interiors by 35.1% during the 4th quarter. Prosperity Consulting Group LLC now owns 9,388 shares of the company's stock valued at $264,000 after purchasing an additional 2,440 shares during the period. 83.80% of the stock is currently owned by institutional investors.

Insider Transactions at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of the company's stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $26.31, for a total value of $263,100.00. Following the completion of the transaction, the chief executive officer now directly owns 1,621,905 shares in the company, valued at approximately $42,672,320.55. This represents a 0.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 31,366 shares of company stock worth $835,490. 10.48% of the stock is currently owned by corporate insiders.

Ethan Allen Interiors Price Performance

NYSE ETD traded up $0.15 during trading on Friday, reaching $26.17. The company's stock had a trading volume of 173,008 shares, compared to its average volume of 274,329. The stock has a market capitalization of $665.38 million, a PE ratio of 10.99 and a beta of 1.16. The firm has a fifty day moving average of $26.90 and a 200 day moving average of $28.18. Ethan Allen Interiors Inc. has a one year low of $24.55 and a one year high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by ($0.07). The business had revenue of $142.70 million during the quarter, compared to the consensus estimate of $146.85 million. Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. Ethan Allen Interiors's revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 earnings per share. Research analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend was Thursday, May 15th. Ethan Allen Interiors's payout ratio is currently 69.33%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group reiterated 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.