Ethan Allen Interiors Inc. (NYSE:ETD) Shares Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC lifted its stake in Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) by 401.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,760 shares of the company's stock after buying an additional 31,828 shares during the quarter. Kovitz Investment Group Partners LLC owned about 0.16% of Ethan Allen Interiors worth $1,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ETD. GSA Capital Partners LLP bought a new position in shares of Ethan Allen Interiors during the 3rd quarter valued at approximately $862,000. Hodges Capital Management Inc. increased its stake in 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 buying an additional 77,565 shares during the period. International Assets Investment Management LLC bought a new position in Ethan Allen Interiors during the 3rd quarter worth about $660,000. Millennium Management LLC grew its holdings in Ethan Allen Interiors by 2,127.1% during the 2nd quarter. Millennium Management LLC now owns 157,480 shares of the company's stock worth $4,392,000 after acquiring an additional 150,409 shares in the last quarter. Finally, First Dallas Securities Inc. grew its holdings in Ethan Allen Interiors by 54.0% during the 2nd quarter. First Dallas Securities Inc. now owns 113,228 shares of the company's stock worth $3,157,000 after acquiring an additional 39,702 shares in the last quarter. Institutional investors own 83.80% of the company's stock.

Ethan Allen Interiors Trading Up 0.1 %

ETD traded up $0.04 on Wednesday, hitting $30.50. 171,946 shares of the company's stock were exchanged, compared to its average volume of 227,579. Ethan Allen Interiors Inc. has a fifty-two week low of $26.53 and a fifty-two week high of $35.62. The firm has a 50-day moving average price of $29.89 and a 200-day moving average price of $29.65. The stock has a market cap of $775.49 million, a price-to-earnings ratio of 12.34 and a beta of 1.30.

Ethan Allen Interiors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a dividend of $0.39 per share. 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 5.12%. Ethan Allen Interiors's payout ratio is 63.16%.

Analysts Set New Price Targets

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

Insider Activity at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of the firm's stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $31.74, for a total value of $317,400.00. Following the completion of the transaction, the chief executive officer now owns 1,708,905 shares in the company, valued at $54,240,644.70. This trade represents a 0.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 30,000 shares of company stock valued at $913,800 over the last three months. 10.48% of the stock is owned by corporate insiders.

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.