State Street Corp Has $28.08 Million Stock Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

State Street Corp lowered its stake in Ethan Allen Interiors Inc. (NYSE:ETD) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 880,437 shares of the company’s stock after selling 15,575 shares during the quarter. State Street Corp’s holdings in Ethan Allen Interiors were worth $28,077,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Quarry LP acquired a new stake in shares of Ethan Allen Interiors in the 3rd quarter valued at approximately $48,000. Petrus Trust Company LTA bought a new stake in Ethan Allen Interiors in the third quarter valued at approximately $609,000. Centiva Capital LP acquired a new stake in Ethan Allen Interiors in the third quarter worth $378,000. Atom Investors LP bought a new position in shares of Ethan Allen Interiors during the third quarter worth $335,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Ethan Allen Interiors in the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 83.80% of the company’s stock.

Ethan Allen Interiors Price Performance

NYSE:ETD opened at $28.18 on Monday. The business’s 50-day simple moving average is $29.69 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. The stock has a market capitalization of $716.62 million, a PE ratio of 11.41 and a beta of 1.30.

Ethan Allen Interiors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors’s payout ratio is currently 63.16%.

Analyst Upgrades and Downgrades

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

Insider Activity

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $28.77, for a total value of $287,700.00. Following the sale, the chief executive officer now owns 1,671,905 shares of the company’s stock, valued at $48,100,706.85. This trade represents a 0.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 10.48% of the company’s stock.

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.