Rothschild Investment LLC Sells 19,798 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Rothschild Investment LLC cut its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 66.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,810 shares of the company’s stock after selling 19,798 shares during the period. Rothschild Investment LLC’s holdings in Ethan Allen Interiors were worth $276,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new stake in Ethan Allen Interiors during the 3rd quarter worth approximately $660,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Ethan Allen Interiors by 12.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,945 shares of the company’s stock worth $443,000 after buying an additional 1,502 shares in the last quarter. Semanteon Capital Management LP acquired a new stake in Ethan Allen Interiors in the 3rd quarter worth about $328,000. Nisa Investment Advisors LLC raised its stake in Ethan Allen Interiors by 76.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 8,267 shares of the company’s stock worth $264,000 after purchasing an additional 3,583 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Ethan Allen Interiors in the 3rd quarter worth about $862,000. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ETD. Argus reiterated a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $32.00 price objective on shares of Ethan Allen Interiors in a report on Thursday, January 30th.

Insiders Place Their Bets

In related news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 10.48% of the company’s stock.

Ethan Allen Interiors Stock Up 1.3 %

ETD stock opened at $28.87 on Wednesday. Ethan Allen Interiors Inc. has a 52 week low of $26.53 and a 52 week high of $35.62. The company has a market cap of $734.09 million, a PE ratio of 12.13 and a beta of 1.31. The business has a 50-day simple moving average of $28.83 and a 200 day simple moving average of $29.77.

Ethan Allen Interiors (NYSE:ETD) last released its earnings results 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 net margin of 9.76% and a return on equity of 12.62%. On average, analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 EPS 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. Stockholders of record on Tuesday, February 11th will be paid a $0.39 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.40%. Ethan Allen Interiors’s payout ratio is 65.55%.

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.