Ethan Allen Interiors Inc. (NYSE:ETD) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,666,798 shares of the company's stock after buying an additional 68,957 shares during the quarter. Vanguard Group Inc. owned about 6.55% of Ethan Allen Interiors worth $46,854,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. increased its position in 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 acquiring an additional 83,381 shares during the last quarter. Hodges Capital Management Inc. grew its position in 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 period. Royce & Associates LP increased its holdings in 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. Geode Capital Management LLC raised its position in Ethan Allen Interiors by 0.6% in the third quarter. Geode Capital Management LLC now owns 538,595 shares of the company's stock worth $17,179,000 after acquiring an additional 3,310 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of Ethan Allen Interiors by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 421,596 shares of the company's stock worth $11,851,000 after acquiring an additional 12,595 shares during the last quarter. 83.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total value of $292,700.00. Following the sale, the chief executive officer now owns 1,641,905 shares in the company, valued at $48,058,559.35. The trade was a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 30,000 shares of company stock worth $846,400 in the last 90 days. Insiders own 10.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ETD. Argus reissued a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group restated a "market perform" rating and set a $32.00 target price on shares of Ethan Allen Interiors in a research note on Thursday, January 30th.

Ethan Allen Interiors Stock Performance

NYSE:ETD traded up $0.03 during trading hours on Thursday, reaching $25.96. The company's stock had a trading volume of 21,946 shares, compared to its average volume of 277,893. Ethan Allen Interiors Inc. has a 12 month low of $24.55 and a 12 month high of $35.62. The stock has a 50 day moving average price of $27.69 and a two-hundred day moving average price of $28.85. The company has a market capitalization of $660.16 million, a P/E ratio of 10.91 and a beta of 1.18.

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

Ethan Allen Interiors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 6.01%. Ethan Allen Interiors's payout ratio is 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.