Koss Olinger Consulting LLC Sells 897 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Koss Olinger Consulting LLC trimmed its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,053 shares of the company’s stock after selling 897 shares during the quarter. Koss Olinger Consulting LLC owned approximately 0.06% of Ethan Allen Interiors worth $423,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Quarry LP bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $48,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $50,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $216,000. Exchange Traded Concepts LLC boosted its position in shares of Ethan Allen Interiors by 6.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company’s stock worth $287,000 after purchasing an additional 650 shares in the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $305,000. 83.80% of the stock is owned by institutional investors.

Ethan Allen Interiors Trading Up 2.0 %

ETD stock opened at $27.44 on Thursday. The stock has a market capitalization of $697.80 million, a PE ratio of 11.53 and a beta of 1.27. The stock’s 50 day simple moving average is $28.66 and its 200 day simple moving average is $29.41. Ethan Allen Interiors Inc. has a 12-month low of $26.13 and a 12-month high of $35.62.

Ethan Allen Interiors (NYSE:ETD) last announced its earnings results 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, research analysts predict that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current year.

Ethan Allen Interiors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 5.69%. Ethan Allen Interiors’s dividend payout ratio (DPR) is 65.55%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ETD shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $32.00 price objective on shares of Ethan Allen Interiors in a research report on Thursday, January 30th. Argus reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th.

Insider Transactions at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction on 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 sale, the chief executive officer now directly owns 1,641,905 shares in the company, valued at $48,058,559.35. This represents a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders sold 30,000 shares of company stock worth $846,400 in the last three months. Corporate insiders own 10.48% of the company’s stock.

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.