Universal Beteiligungs und Servicegesellschaft mbH Acquires New Position in Ethan Allen Interiors Inc. (NYSE:ETD)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 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 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. PharVision Advisers LLC bought a new stake in Ethan Allen Interiors in the fourth quarter worth $310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Ethan Allen Interiors by 6.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 39,241 shares of the company's stock valued at $1,103,000 after buying an additional 2,389 shares during the period. Vident Advisory LLC boosted its position in shares of Ethan Allen Interiors by 7.6% during the fourth quarter. Vident Advisory LLC now owns 17,267 shares of the company's stock valued at $485,000 after buying an additional 1,215 shares during the period. Two Sigma Advisers LP grew its stake in shares of Ethan Allen Interiors by 7.4% during the fourth quarter. Two Sigma Advisers LP now owns 122,900 shares of the company's stock valued at $3,455,000 after buying an additional 8,500 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of Ethan Allen Interiors in the fourth quarter worth approximately $52,000. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction dated Thursday, April 17th. The stock was 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 in the company, valued at approximately $42,672,320.55. The trade was a 0.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 31,366 shares of company stock worth $835,490 in the last 90 days. 10.48% of the stock is owned by corporate insiders.

Ethan Allen Interiors Stock Down 0.4%

ETD traded down $0.11 on Wednesday, reaching $26.40. 216,658 shares of the company traded hands, compared to its average volume of 273,213. The company has a market cap of $671.35 million, a P/E ratio of 11.09 and a beta of 1.20. Ethan Allen Interiors Inc. has a one year low of $24.55 and a one year high of $35.62. The firm has a fifty day simple moving average of $26.95 and a two-hundred day simple moving average of $28.21.

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 for the quarter, missing the consensus estimate of $0.45 by ($0.07). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. The company had revenue of $142.70 million for the quarter, compared to the consensus estimate of $146.85 million. During the same period in the prior year, the firm posted $0.48 EPS. The business's revenue was down 2.5% on a year-over-year basis. On average, equities analysts forecast that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current year.

Ethan Allen Interiors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders 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 5.91%. The ex-dividend date was Thursday, May 15th. Ethan Allen Interiors's 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.