Geode Capital Management LLC Has $17.18 Million Stock Holdings in Ethan Allen Interiors Inc. (NYSE:ETD)

Geode Capital Management LLC boosted its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD) by 0.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 538,595 shares of the company’s stock after purchasing an additional 3,310 shares during the quarter. Geode Capital Management LLC owned 2.12% of Ethan Allen Interiors worth $17,179,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ETD. Hantz Financial Services Inc. bought a new stake in shares of Ethan Allen Interiors in the 2nd quarter valued at $26,000. Quarry LP acquired a new position in Ethan Allen Interiors in the third quarter valued at about $48,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Ethan Allen Interiors during the third quarter worth about $50,000. nVerses Capital LLC acquired a new stake in shares of Ethan Allen Interiors during the third quarter worth about $92,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Ethan Allen Interiors during the 3rd quarter valued at about $216,000. Institutional investors own 83.80% of the company’s stock.

Insider Transactions at Ethan Allen Interiors

In related 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 completion of the transaction, the chief executive officer now owns 1,671,905 shares in the company, valued at approximately $48,100,706.85. This represents a 0.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.48% of the stock is owned by insiders.

Ethan Allen Interiors Trading Down 1.7 %

ETD opened at $27.92 on Monday. The stock has a market capitalization of $710.01 million, a P/E ratio of 11.30 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 firm’s fifty day simple moving average is $29.44 and its 200 day simple moving average is $29.73.

Ethan Allen Interiors Dividend Announcement

The company also recently declared 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 of this dividend was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.59%. Ethan Allen Interiors’s dividend payout ratio (DPR) is 63.16%.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group restated a “market perform” rating and set a $32.00 target price on shares of Ethan Allen Interiors in a report 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.