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

Mainstay Capital Management LLC ADV increased its stake in Ethan Allen Interiors Inc. (NYSE:ETD) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,576 shares of the company’s stock after purchasing an additional 1,164 shares during the quarter. Mainstay Capital Management LLC ADV owned approximately 0.23% of Ethan Allen Interiors worth $1,618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Y Intercept Hong Kong Ltd raised its holdings in Ethan Allen Interiors by 77.6% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 12,042 shares of the company’s stock valued at $339,000 after acquiring an additional 5,263 shares during the period. New York State Common Retirement Fund raised its holdings in Ethan Allen Interiors by 107.5% during the fourth quarter. New York State Common Retirement Fund now owns 19,493 shares of the company’s stock valued at $548,000 after acquiring an additional 10,100 shares during the period. Sanctuary Advisors LLC raised its holdings in 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 during the period. Principal Financial Group Inc. raised its holdings in Ethan Allen Interiors by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 109,755 shares of the company’s stock valued at $3,085,000 after acquiring an additional 3,116 shares during the period. Finally, Rhumbline Advisers raised its holdings in Ethan Allen Interiors by 6.7% during the fourth quarter. Rhumbline Advisers now owns 87,046 shares of the company’s stock valued at $2,447,000 after acquiring an additional 5,503 shares during the period. 83.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

ETD has been the topic of a number of recent analyst reports. Telsey Advisory Group reissued a “market perform” rating and set a $32.00 price target on shares of Ethan Allen Interiors in a report on Thursday, January 30th. Argus restated a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total value of $292,700.00. Following the completion of the transaction, the chief executive officer now owns 1,641,905 shares in the company, valued at approximately $48,058,559.35. This trade represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 10.48% of the stock is currently owned by company insiders.

Ethan Allen Interiors Stock Down 1.5 %

Shares of Ethan Allen Interiors stock opened at $28.49 on Monday. The firm has a market cap of $724.48 million, a price-to-earnings ratio of 11.97 and a beta of 1.31. The business has a 50-day moving average price of $28.88 and a 200-day moving average price of $29.79. Ethan Allen Interiors Inc. has a twelve month low of $26.53 and a twelve month high of $35.62.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates 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, equities analysts expect that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th will be given a $0.39 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 5.48%. Ethan Allen Interiors’s dividend payout ratio is currently 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.