Ethan Allen Interiors Inc. $ETD Shares Sold by First Dallas Securities Inc.

First Dallas Securities Inc. decreased its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 62.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 44,066 shares of the company’s stock after selling 74,085 shares during the period. First Dallas Securities Inc. owned about 0.17% of Ethan Allen Interiors worth $1,006,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Tower Research Capital LLC TRC boosted its stake in shares of Ethan Allen Interiors by 365.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,054 shares of the company’s stock valued at $85,000 after acquiring an additional 2,398 shares during the last quarter. AlphaQuest LLC boosted its stake in shares of Ethan Allen Interiors by 106.0% during the third quarter. AlphaQuest LLC now owns 4,585 shares of the company’s stock valued at $135,000 after acquiring an additional 2,359 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Ethan Allen Interiors by 76.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,240 shares of the company’s stock valued at $120,000 after acquiring an additional 2,267 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Ethan Allen Interiors by 38.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,677 shares of the company’s stock valued at $130,000 after acquiring an additional 1,565 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its stake in shares of Ethan Allen Interiors by 31.2% during the second quarter. Osaic Holdings Inc. now owns 6,682 shares of the company’s stock valued at $186,000 after acquiring an additional 1,589 shares during the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wall Street Zen raised Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research note on Sunday, March 1st. Zacks Research lowered Ethan Allen Interiors from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 14th. Telsey Advisory Group decreased their price objective on Ethan Allen Interiors from $27.00 to $24.00 and set a “market perform” rating on the stock in a research note on Thursday, April 30th. Finally, Weiss Ratings lowered Ethan Allen Interiors from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell” and an average price target of $24.00.

Ethan Allen Interiors Trading Up 4.4%

NYSE ETD opened at $21.61 on Wednesday. The business’s 50-day moving average price is $21.12 and its 200 day moving average price is $22.62. Ethan Allen Interiors Inc. has a twelve month low of $18.28 and a twelve month high of $31.41. The company has a market capitalization of $549.85 million, a PE ratio of 13.67 and a beta of 1.02.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. The company had revenue of $135.84 million for the quarter, compared to the consensus estimate of $134.85 million. Ethan Allen Interiors had a return on equity of 8.54% and a net margin of 6.81%.The company’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period last year, the business posted $0.38 EPS. Equities analysts predict that Ethan Allen Interiors Inc. will post 1.48 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date was Wednesday, May 13th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 98.73%.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated manufacturer and retailer of home furnishings, offering a broad range of furniture, upholstery, case goods and decorative accessories. The company designs and produces the majority of its products in its own North American manufacturing facilities, maintaining close control over quality, craftsmanship and production schedules. Through its network of company-operated and franchised Design Centers and galleries, Ethan Allen delivers a full-service offering that includes on-site interior design consultations and project management.

Founded in 1932 as a small Colonial-Revival furniture maker in northern Vermont, Ethan Allen has grown into a global brand known for its timeless styles and customization options.