BNP Paribas Financial Markets Purchases 1,065 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

BNP Paribas Financial Markets boosted its position in Ethan Allen Interiors Inc. (NYSE:ETD) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,015 shares of the company’s stock after purchasing an additional 1,065 shares during the period. BNP Paribas Financial Markets’ holdings in Ethan Allen Interiors were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in ETD. Hantz Financial Services Inc. purchased a new position in shares of Ethan Allen Interiors during the second quarter worth approximately $26,000. Innealta Capital LLC purchased a new position in shares of Ethan Allen Interiors during the second quarter worth approximately $29,000. nVerses Capital LLC purchased a new position in shares of Ethan Allen Interiors during the third quarter worth approximately $92,000. Cim LLC increased its position in shares of Ethan Allen Interiors by 11.9% during the second quarter. Cim LLC now owns 6,978 shares of the company’s stock worth $210,000 after acquiring an additional 741 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Ethan Allen Interiors by 6.6% during the second quarter. The Manufacturers Life Insurance Company now owns 8,737 shares of the company’s stock worth $244,000 after acquiring an additional 543 shares during the period. Institutional investors own 83.80% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $30.87, for a total transaction of $308,700.00. Following the transaction, the chief executive officer now directly owns 1,698,905 shares of the company’s stock, valued at $52,445,197.35. This trade represents a 0.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 30,000 shares of company stock valued at $913,800 over the last ninety days. 10.48% of the stock is owned by company insiders.

Ethan Allen Interiors Stock Down 0.7 %

Shares of ETD stock opened at $30.48 on Wednesday. The firm has a market cap of $775.11 million, a price-to-earnings ratio of 12.33 and a beta of 1.30. The company’s 50 day moving average is $29.89 and its 200 day moving average is $29.65. Ethan Allen Interiors Inc. has a 52-week low of $26.53 and a 52-week high of $35.62.

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.12%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors’s payout ratio is 63.16%.

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.