Mainstay Capital Management LLC ADV Purchases 1,164 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Mainstay Capital Management LLC ADV boosted its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 57,576 shares of the company’s stock after buying an additional 1,164 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in Ethan Allen Interiors were worth $1,618,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ETD. Sanctuary Advisors LLC raised its stake in shares of Ethan Allen Interiors by 2.4% during the fourth quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company’s stock valued at $417,000 after acquiring an additional 342 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Ethan Allen Interiors by 6.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company’s stock valued at $287,000 after acquiring an additional 650 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Ethan Allen Interiors by 3.3% during the third quarter. BNP Paribas Financial Markets now owns 33,015 shares of the company’s stock valued at $1,053,000 after acquiring an additional 1,065 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Ethan Allen Interiors by 13.4% during the third quarter. Victory Capital Management Inc. now owns 10,004 shares of the company’s stock valued at $319,000 after acquiring an additional 1,180 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of Ethan Allen Interiors by 10.5% during the fourth quarter. Inspire Investing LLC now owns 14,235 shares of the company’s stock valued at $400,000 after acquiring an additional 1,348 shares in the last quarter. Institutional investors own 83.80% of the company’s stock.

Ethan Allen Interiors Stock Down 1.5 %

Shares of NYSE:ETD opened at $28.49 on Monday. The company has a market capitalization of $724.48 million, a price-to-earnings ratio of 11.97 and a beta of 1.31. Ethan Allen Interiors Inc. has a 52 week low of $26.53 and a 52 week high of $35.62. The firm has a 50 day moving average of $28.88 and a 200 day moving average of $29.79.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. On average, sell-side analysts expect that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date of this dividend is Tuesday, February 11th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 65.55%.

Insiders Place Their Bets

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 shares were sold at an average price of $29.27, for a total value of $292,700.00. Following the transaction, the chief executive officer now directly owns 1,641,905 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Corporate insiders own 10.48% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ETD. Telsey Advisory Group reaffirmed a “market perform” rating and set a $32.00 price target on shares of Ethan Allen Interiors in a research note on Thursday, January 30th. Argus reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.

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.