WINTON GROUP Ltd lifted its stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD – Free Report) by 8.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,318 shares of the company’s stock after acquiring an additional 2,983 shares during the period. WINTON GROUP Ltd owned 0.15% of Ethan Allen Interiors worth $1,049,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of ETD. Vanguard Group Inc. raised its holdings in shares of Ethan Allen Interiors by 4.3% during the fourth quarter. Vanguard Group Inc. now owns 1,666,798 shares of the company’s stock valued at $46,854,000 after purchasing an additional 68,957 shares during the period. American Century Companies Inc. increased its position in Ethan Allen Interiors by 13.0% in the 4th quarter. American Century Companies Inc. now owns 726,213 shares of the company’s stock valued at $20,414,000 after buying an additional 83,381 shares in the last quarter. Hodges Capital Management Inc. increased its position in Ethan Allen Interiors by 17.9% in the 4th quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock valued at $18,162,000 after buying an additional 98,227 shares in the last quarter. Royce & Associates LP raised its stake in Ethan Allen Interiors by 87.9% during the 4th quarter. Royce & Associates LP now owns 590,993 shares of the company’s stock worth $16,613,000 after buying an additional 276,534 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Ethan Allen Interiors by 0.6% in the third quarter. Geode Capital Management LLC now owns 538,595 shares of the company’s stock worth $17,179,000 after acquiring an additional 3,310 shares in the last quarter. 83.80% of the stock is owned by institutional investors.
Ethan Allen Interiors Stock Performance
ETD stock opened at $27.56 on Friday. The company has a market capitalization of $700.72 million, a price-to-earnings ratio of 11.58 and a beta of 1.27. Ethan Allen Interiors Inc. has a fifty-two week low of $26.13 and a fifty-two week high of $35.62. The stock has a fifty day moving average of $28.59 and a 200-day moving average of $29.30.
Ethan Allen Interiors Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.66%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 65.55%.
Insider Activity at Ethan Allen Interiors
In other news, CEO M Farooq Kathwari sold 10,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $29.27, for a total transaction of $292,700.00. Following the completion of the transaction, the chief executive officer now owns 1,641,905 shares of the company’s stock, valued at approximately $48,058,559.35. The trade was a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 30,000 shares of company stock valued at $846,400. Company insiders own 10.48% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on ETD shares. Argus reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th. Telsey Advisory Group restated a “market perform” rating and set a $32.00 price objective on shares of Ethan Allen Interiors in a report on Thursday, January 30th.
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.
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