19,100 Shares in Ethan Allen Interiors Inc. (NYSE:ETD) Acquired by Petrus Trust Company LTA

Petrus Trust Company LTA purchased a new position in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 19,100 shares of the company's stock, valued at approximately $609,000. Petrus Trust Company LTA owned 0.08% of Ethan Allen Interiors as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Centiva Capital LP bought a new position in Ethan Allen Interiors in the 3rd quarter valued at about $378,000. Atom Investors LP bought a new position in Ethan Allen Interiors in the 3rd quarter valued at about $335,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Ethan Allen Interiors in the 3rd quarter valued at about $50,000. Maverick Capital Ltd. bought a new position in Ethan Allen Interiors in the 3rd quarter valued at about $501,000. Finally, Kolinsky Wealth Management LLC bought a new position in Ethan Allen Interiors in the 3rd quarter valued at about $899,000. 83.80% of the stock is owned by institutional investors.

Ethan Allen Interiors Stock Performance

Shares of Ethan Allen Interiors stock traded down $0.68 during midday trading on Thursday, hitting $30.37. 131,295 shares of the company traded hands, compared to its average volume of 228,991. The stock has a market cap of $772.31 million, a price-to-earnings ratio of 12.30 and a beta of 1.30. The firm's fifty day moving average price is $29.94 and its 200-day moving average price is $29.62. Ethan Allen Interiors Inc. has a 12 month low of $26.53 and a 12 month high of $35.62.

Ethan Allen Interiors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors 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 5.14%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 63.16%.

Insider Activity at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $30.87, for a total transaction of $308,700.00. Following the sale, the chief executive officer now directly owns 1,698,905 shares of the company's stock, valued at approximately $52,445,197.35. The trade was a 0.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 30,000 shares of company stock valued at $913,800. 10.48% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.