Geode Capital Management LLC Has $17.18 Million Stock Position in Ethan Allen Interiors Inc. (NYSE:ETD)

Geode Capital Management LLC increased its stake in Ethan Allen Interiors Inc. (NYSE:ETD) by 0.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 538,595 shares of the company’s stock after purchasing an additional 3,310 shares during the quarter. Geode Capital Management LLC’s holdings in Ethan Allen Interiors were worth $17,179,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pacer Advisors Inc. raised its position in Ethan Allen Interiors by 4.5% during the second quarter. Pacer Advisors Inc. now owns 888,760 shares of the company’s stock worth $24,788,000 after acquiring an additional 38,101 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Ethan Allen Interiors by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 547,959 shares of the company’s stock worth $15,283,000 after buying an additional 72,767 shares during the last quarter. Hodges Capital Management Inc. boosted its holdings in shares of Ethan Allen Interiors by 0.6% during the third quarter. Hodges Capital Management Inc. now owns 547,857 shares of the company’s stock worth $17,471,000 after acquiring an additional 3,311 shares during the period. Jane Street Group LLC increased 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 purchasing an additional 232,015 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Ethan Allen Interiors by 2,127.1% in the second 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 period. 83.80% of the stock is owned by institutional investors.

Insider Buying and Selling at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $30.87, for a total value of $308,700.00. Following the sale, the chief executive officer now owns 1,698,905 shares in the company, valued at approximately $52,445,197.35. The trade was a 0.59 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 10.48% of the company’s stock.

Ethan Allen Interiors Price Performance

NYSE ETD opened at $27.92 on Monday. Ethan Allen Interiors Inc. has a fifty-two week low of $26.53 and a fifty-two week high of $35.62. The stock has a market capitalization of $710.01 million, a PE ratio of 11.30 and a beta of 1.30. The business has a fifty day moving average price of $29.44 and a two-hundred day moving average price of $29.73.

Ethan Allen Interiors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were given a $0.39 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a yield of 5.59%. Ethan Allen Interiors’s dividend payout ratio is currently 63.16%.

Analysts Set New Price Targets

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

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.