Victory Capital Management Inc. Has $319,000 Stock Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

Victory Capital Management Inc. boosted its holdings in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 13.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,004 shares of the company’s stock after buying an additional 1,180 shares during the period. Victory Capital Management Inc.’s holdings in Ethan Allen Interiors were worth $319,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ETD. Millennium Management LLC raised its holdings in Ethan Allen Interiors by 2,127.1% during the second quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock worth $4,392,000 after buying an additional 150,409 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Ethan Allen Interiors by 16.6% in the second 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 last quarter. American Century Companies Inc. raised its holdings in shares of Ethan Allen Interiors by 15.3% in the second quarter. American Century Companies Inc. now owns 547,959 shares of the company’s stock valued at $15,283,000 after purchasing an additional 72,767 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in shares of Ethan Allen Interiors by 88.1% in the second quarter. First Eagle Investment Management LLC now owns 128,091 shares of the company’s stock valued at $3,572,000 after purchasing an additional 59,999 shares during the last quarter. Finally, First Dallas Securities Inc. raised its holdings in shares of Ethan Allen Interiors by 54.0% in the second quarter. First Dallas Securities Inc. now owns 113,228 shares of the company’s stock valued at $3,157,000 after purchasing an additional 39,702 shares during the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

Analyst Ratings Changes

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

Ethan Allen Interiors Price Performance

Shares of ETD stock opened at $30.76 on Friday. The firm has a 50-day moving average of $29.97 and a 200-day moving average of $29.59. The company has a market cap of $782.23 million, a P/E ratio of 12.45 and a beta of 1.27. Ethan Allen Interiors Inc. has a one year low of $26.53 and a one year high of $35.62.

Ethan Allen Interiors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a $0.39 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.56 annualized dividend and a dividend yield of 5.07%. Ethan Allen Interiors’s dividend payout ratio is currently 63.16%.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $31.74, for a total transaction of $317,400.00. Following the completion of the transaction, the chief executive officer now owns 1,708,905 shares in the company, valued at approximately $54,240,644.70. This represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 30,000 shares of company stock worth $913,800 over the last quarter. 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.