GSA Capital Partners LLP Makes New $862,000 Investment in Ethan Allen Interiors Inc. (NYSE:ETD)

GSA Capital Partners LLP bought a new position in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 27,016 shares of the company's stock, valued at approximately $862,000. GSA Capital Partners LLP owned 0.11% of Ethan Allen Interiors at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Ethan Allen Interiors by 1.6% during the first quarter. Vanguard Group Inc. now owns 1,640,722 shares of the company's stock valued at $56,720,000 after buying an additional 25,472 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Ethan Allen Interiors by 4.5% during the second quarter. Pacer Advisors Inc. now owns 888,760 shares of the company's stock valued at $24,788,000 after acquiring an additional 38,101 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Ethan Allen Interiors by 15.3% during the second quarter. American Century Companies Inc. now owns 547,959 shares of the company's stock valued at $15,283,000 after acquiring an additional 72,767 shares in the last quarter. Hodges Capital Management Inc. raised its position in shares of Ethan Allen Interiors by 16.6% in the 2nd quarter. Hodges Capital Management Inc. now owns 544,546 shares of the company's stock worth $15,187,000 after purchasing an additional 77,565 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in Ethan Allen Interiors by 2,127.1% in the 2nd quarter. Millennium Management LLC now owns 157,480 shares of the company's stock worth $4,392,000 after purchasing an additional 150,409 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors.

Ethan Allen Interiors Price Performance

NYSE ETD traded down $0.28 during mid-day trading on Friday, reaching $28.88. The stock had a trading volume of 173,559 shares, compared to its average volume of 230,860. The stock has a market cap of $734.42 million, a PE ratio of 11.69 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 company has a fifty day moving average price of $30.11 and a 200 day moving average price of $29.56.

Ethan Allen Interiors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.40%. The ex-dividend date of this dividend is Tuesday, November 12th. Ethan Allen Interiors's dividend payout ratio is currently 63.16%.

Insider Activity

In other news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $30.36, for a total transaction of $303,600.00. Following the completion of the transaction, the chief executive officer now directly owns 1,712,319 shares of the company's stock, valued at $51,986,004.84. The trade was a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 30,000 shares of company stock valued at $929,700 over the last ninety days. 10.48% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Telsey Advisory Group restated a "market perform" rating and set a $32.00 price objective 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.