Ethan Allen Interiors Inc. (NYSE:ETD) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 11.8% during the 3rd quarter, Holdings Channel reports. The fund owned 14,489 shares of the company’s stock after purchasing an additional 1,525 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ethan Allen Interiors were worth $434,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. GSA Capital Partners LLP acquired a new stake in shares of Ethan Allen Interiors during the 3rd quarter worth approximately $862,000. FMR LLC boosted its holdings in Ethan Allen Interiors by 421.3% during the third quarter. FMR LLC now owns 18,943 shares of the company’s stock worth $604,000 after buying an additional 15,309 shares in the last quarter. Hodges Capital Management Inc. boosted its holdings in Ethan Allen Interiors by 16.6% during the second quarter. Hodges Capital Management Inc. now owns 544,546 shares of the company’s stock worth $15,187,000 after buying an additional 77,565 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Ethan Allen Interiors during the third quarter valued at $660,000. Finally, Millennium Management LLC increased its holdings in 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 buying an additional 150,409 shares in the last quarter. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $28.77, for a total transaction of $287,700.00. Following the transaction, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 10.48% of the stock is owned by insiders.

Ethan Allen Interiors Trading Down 0.3 %

Shares of ETD opened at $28.39 on Friday. The firm has a market cap of $721.96 million, a P/E ratio of 11.49 and a beta of 1.30. Ethan Allen Interiors Inc. has a 12 month low of $26.53 and a 12 month high of $35.62. The stock’s 50 day moving average is $29.56 and its two-hundred day moving average is $29.71.

Ethan Allen Interiors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid 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 5.49%. Ethan Allen Interiors’s dividend payout ratio is currently 63.16%.

Wall Street Analyst Weigh In

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

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.