Nisa Investment Advisors LLC Sells 3,742 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Nisa Investment Advisors LLC cut its holdings in Ethan Allen Interiors Inc. (NYSE:ETD) by 45.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,525 shares of the company’s stock after selling 3,742 shares during the period. Nisa Investment Advisors LLC’s holdings in Ethan Allen Interiors were worth $127,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Wedge Capital Management L L P NC grew its holdings in Ethan Allen Interiors by 17.0% in the 4th quarter. Wedge Capital Management L L P NC now owns 36,609 shares of the company’s stock valued at $1,029,000 after buying an additional 5,321 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Ethan Allen Interiors by 6.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 75,792 shares of the company’s stock valued at $2,131,000 after acquiring an additional 4,267 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Ethan Allen Interiors by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 53,238 shares of the company’s stock worth $1,698,000 after acquiring an additional 2,267 shares during the last quarter. Sanctuary Advisors LLC increased its position in Ethan Allen Interiors by 11.8% during the third quarter. Sanctuary Advisors LLC now owns 14,489 shares of the company’s stock worth $434,000 after acquiring an additional 1,525 shares during the period. Finally, First Dallas Securities Inc. raised its stake in Ethan Allen Interiors by 3.6% during the 3rd quarter. First Dallas Securities Inc. now owns 117,282 shares of the company’s stock valued at $3,740,000 after purchasing an additional 4,054 shares during the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Wall Street Analyst Weigh In

ETD has been the topic of several research analyst reports. Argus restated a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th. Telsey Advisory Group reissued a “market perform” rating and set a $32.00 target price on shares of Ethan Allen Interiors in a research report on Thursday.

Ethan Allen Interiors Trading Up 10.9 %

Shares of NYSE ETD opened at $31.68 on Friday. The firm has a market capitalization of $805.50 million, a price-to-earnings ratio of 12.82 and a beta of 1.31. Ethan Allen Interiors Inc. has a one year low of $26.53 and a one year high of $35.62. The business has a fifty day simple moving average of $29.11 and a 200 day simple moving average of $29.86.

Ethan Allen Interiors (NYSE:ETD) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Ethan Allen Interiors had a net margin of 9.99% and a return on equity of 13.12%. On average, research analysts anticipate that Ethan Allen Interiors Inc. will post 2.3 earnings per share for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Tuesday, February 11th. Ethan Allen Interiors’s dividend payout ratio is 63.16%.

Insider Buying and Selling at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $28.67, for a total transaction of $286,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,651,905 shares in the company, valued at $47,360,116.35. This represents a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 10.48% of the company’s stock.

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.