Ethan Allen Interiors Inc. (NYSE:ETD) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 177.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,525 shares of the company's stock after purchasing an additional 94,287 shares during the period. JPMorgan Chase & Co. owned about 0.58% of Ethan Allen Interiors worth $4,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hillsdale Investment Management Inc. boosted its holdings in shares of Ethan Allen Interiors by 213.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 1,880 shares of the company's stock valued at $53,000 after acquiring an additional 1,280 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Ethan Allen Interiors in the 4th quarter worth approximately $112,000. Exchange Traded Concepts LLC boosted its stake in shares of Ethan Allen Interiors by 6.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company's stock valued at $287,000 after buying an additional 650 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Ethan Allen Interiors by 11.0% during the 4th quarter. Victory Capital Management Inc. now owns 11,101 shares of the company's stock valued at $312,000 after buying an additional 1,097 shares during the period. Finally, EMC Capital Management boosted its stake in shares of Ethan Allen Interiors by 31.3% during the 4th quarter. EMC Capital Management now owns 11,202 shares of the company's stock valued at $315,000 after buying an additional 2,673 shares during the period. Institutional investors own 83.80% of the company's stock.

Insider Transactions at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $26.70, for a total transaction of $267,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,631,905 shares in the company, valued at approximately $43,571,863.50. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 30,000 shares of company stock valued at $822,800 in the last ninety days. Corporate insiders own 10.48% of the company's stock.

Analyst Ratings Changes

ETD has been the topic of several recent analyst reports. Telsey Advisory Group reiterated a "market perform" rating and issued a $32.00 target price on shares of Ethan Allen Interiors in a report on Thursday, January 30th. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th.

Ethan Allen Interiors Stock Performance

Shares of NYSE:ETD traded up $0.27 during mid-day trading on Thursday, reaching $28.01. 38,083 shares of the company's stock were exchanged, compared to its average volume of 252,044. The firm has a market capitalization of $712.27 million, a price-to-earnings ratio of 11.79 and a beta of 1.18. The business's fifty day moving average price is $27.43 and its 200-day moving average price is $28.69. Ethan Allen Interiors Inc. has a twelve month low of $24.55 and a twelve month high of $35.62.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. Analysts predict that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.57%. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 65.55%.

About Ethan Allen Interiors

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.