6,779 Shares in Ethan Allen Interiors Inc. (NYSE:ETD) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,779 shares of the company’s stock, valued at approximately $216,000.

A number of other large investors also recently added to or reduced their stakes in the business. Jane Street Group LLC raised its stake in shares of Ethan Allen Interiors by 679.5% during the third quarter. Jane Street Group LLC now owns 266,161 shares of the company’s stock worth $8,488,000 after buying an additional 232,015 shares during the last quarter. Millennium Management LLC raised its position in shares of Ethan Allen Interiors by 2,127.1% during the 2nd quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock valued at $4,392,000 after acquiring an additional 150,409 shares during the last quarter. Hodges Capital Management Inc. lifted its stake in shares of Ethan Allen Interiors by 16.6% in the 2nd quarter. Hodges Capital Management Inc. now owns 544,546 shares of the company’s stock valued at $15,187,000 after purchasing an additional 77,565 shares during the period. American Century Companies Inc. boosted its position in shares of Ethan Allen Interiors by 15.3% in the 2nd quarter. American Century Companies Inc. now owns 547,959 shares of the company’s stock worth $15,283,000 after purchasing an additional 72,767 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its stake in shares of Ethan Allen Interiors by 88.1% during the second quarter. First Eagle Investment Management LLC now owns 128,091 shares of the company’s stock worth $3,572,000 after purchasing an additional 59,999 shares during the period. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Price Performance

Ethan Allen Interiors stock opened at $28.70 on Thursday. The firm has a market capitalization of $729.84 million, a price-to-earnings ratio of 11.62 and a beta of 1.30. The company’s 50 day simple moving average is $29.74 and its 200 day simple moving average is $29.71. Ethan Allen Interiors Inc. has a fifty-two week low of $26.53 and a fifty-two week high of $35.62.

Ethan Allen Interiors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.44%. Ethan Allen Interiors’s dividend payout ratio is 63.16%.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reissued a “market perform” rating and issued a $32.00 target price on shares of Ethan Allen Interiors in a research note on Thursday, October 31st.

Insider Activity

In other news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $30.87, for a total transaction of $308,700.00. Following the transaction, the chief executive officer now owns 1,698,905 shares in the company, valued at $52,445,197.35. The trade was a 0.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.48% of the stock is owned by company insiders.

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.