Ethan Allen Interiors Inc. (NYSE:ETD) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 849,108 shares of the company's stock after selling 25,070 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.34% of Ethan Allen Interiors worth $27,078,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Intech Investment Management LLC bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter valued at about $305,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Ethan Allen Interiors in the third quarter worth about $1,132,000. Jennison Associates LLC lifted its holdings in shares of Ethan Allen Interiors by 11.8% during the third quarter. Jennison Associates LLC now owns 39,668 shares of the company's stock worth $1,265,000 after purchasing an additional 4,194 shares during the period. Victory Capital Management Inc. increased its holdings in Ethan Allen Interiors by 13.4% in the 3rd quarter. Victory Capital Management Inc. now owns 10,004 shares of the company's stock worth $319,000 after buying an additional 1,180 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in Ethan Allen Interiors during the 3rd quarter worth approximately $862,000. 83.80% of the stock is owned by institutional investors.

Ethan Allen Interiors Trading Down 2.2 %

ETD stock traded down $0.68 during trading on Thursday, hitting $30.37. 131,295 shares of the company's stock were exchanged, compared to its average volume of 228,991. The business has a 50-day moving average price of $29.96 and a two-hundred day moving average price of $29.61. Ethan Allen Interiors Inc. has a 52-week low of $26.53 and a 52-week high of $35.62. The stock has a market capitalization of $772.31 million, a price-to-earnings ratio of 12.57 and a beta of 1.30.

Ethan Allen Interiors Announces Dividend

The firm also recently announced 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 was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.14%. Ethan Allen Interiors's payout ratio is 63.16%.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reissued a "market perform" rating and issued a $32.00 price target on shares of Ethan Allen Interiors in a report on Thursday, October 31st.

Insider Buying and Selling

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction on Monday, November 18th. The stock was 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 directly owns 1,671,905 shares of the company's stock, valued at approximately $48,100,706.85. The trade was 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 link. Insiders have sold a total of 30,000 shares of company stock valued at $913,800 over the last quarter. 10.48% of the stock is currently owned by insiders.

About Ethan Allen Interiors

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.