Dynamic Technology Lab Private Ltd Purchases 16,465 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Dynamic Technology Lab Private Ltd increased its position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 121.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,020 shares of the company's stock after purchasing an additional 16,465 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.12% of Ethan Allen Interiors worth $957,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Ethan Allen Interiors by 1.6% in the first quarter. Vanguard Group Inc. now owns 1,640,722 shares of the company's stock worth $56,720,000 after purchasing an additional 25,472 shares during the period. Boston Partners acquired a new position in shares of Ethan Allen Interiors during the 1st quarter worth about $1,147,000. GSA Capital Partners LLP acquired a new position in shares of Ethan Allen Interiors during the 3rd quarter worth about $862,000. Hodges Capital Management Inc. grew its position in shares of Ethan Allen Interiors by 16.6% during the 2nd 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 during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Ethan Allen Interiors during the 3rd quarter worth about $660,000. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $30.87, for a total transaction of $308,700.00. Following the transaction, the chief executive officer now owns 1,698,905 shares in the company, valued at $52,445,197.35. The trade was a 0.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 30,000 shares of company stock worth $913,800 in the last 90 days. Corporate insiders own 10.48% of the company's stock.

Ethan Allen Interiors Price Performance

Shares of Ethan Allen Interiors stock traded up $0.24 during trading on Thursday, hitting $30.75. 114,849 shares of the company were exchanged, compared to its average volume of 230,822. The firm has a market capitalization of $781.97 million, a P/E ratio of 12.44 and a beta of 1.27. Ethan Allen Interiors Inc. has a 1-year low of $26.53 and a 1-year high of $35.62. The firm's fifty day moving average price is $30.02 and its 200 day moving average price is $29.57.

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.07%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 63.16%.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group restated 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.

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.