Jane Street Group LLC Boosts Stock Position in Ethan Allen Interiors Inc. (NYSE:ETD)

Jane Street Group LLC increased its holdings in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 283,596 shares of the company's stock after acquiring an additional 17,435 shares during the quarter. Jane Street Group LLC owned about 1.12% of Ethan Allen Interiors worth $7,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Ethan Allen Interiors by 4.3% during the fourth quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company's stock valued at $46,854,000 after buying an additional 68,957 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Ethan Allen Interiors by 13.0% in the 4th quarter. American Century Companies Inc. now owns 726,213 shares of the company's stock worth $20,414,000 after purchasing an additional 83,381 shares in the last quarter. Hodges Capital Management Inc. raised its stake 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 worth $18,162,000 after purchasing an additional 98,227 shares during the last quarter. Royce & Associates LP lifted 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 purchasing an additional 276,534 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position 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. 83.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $26.31, for a total value of $263,100.00. Following the transaction, the chief executive officer now owns 1,621,905 shares of the company's stock, valued at approximately $42,672,320.55. The trade was a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 30,000 shares of company stock valued at $822,800. Company insiders own 10.48% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Argus reaffirmed a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group reissued a "market perform" rating on shares of Ethan Allen Interiors in a research report on Tuesday, May 6th.

Ethan Allen Interiors Trading Down 0.8 %

ETD stock traded down $0.20 during midday trading on Friday, reaching $26.09. 414,164 shares of the company's stock traded hands, compared to its average volume of 263,024. Ethan Allen Interiors Inc. has a 52-week low of $24.55 and a 52-week high of $35.62. The stock's 50-day moving average is $27.23 and its 200 day moving average is $28.47. The stock has a market cap of $663.47 million, a P/E ratio of 10.96 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released its 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). The company had revenue of $142.70 million for the quarter, compared to analysts' expectations of $146.85 million. Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. Ethan Allen Interiors's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.48 earnings per share. As a group, research analysts expect that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.56 annualized dividend and a dividend yield of 5.98%. Ethan Allen Interiors's payout ratio is 69.33%.

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.