XTX Topco Ltd Takes Position in Ethan Allen Interiors Inc. (NYSE:ETD)

XTX Topco Ltd bought a new stake in shares of Ethan Allen Interiors Inc. (NYSE:ETD - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 22,397 shares of the company's stock, valued at approximately $714,000. XTX Topco Ltd owned about 0.09% of Ethan Allen Interiors at the end of the most recent reporting period.

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

Ethan Allen Interiors Stock Down 1.7 %

ETD traded down $0.53 during midday trading on Thursday, reaching $29.95. 109,252 shares of the company's stock were exchanged, compared to its average volume of 227,086. The business has a 50-day simple moving average of $29.84 and a two-hundred day simple moving average of $29.67. The firm has a market capitalization of $761.63 million, a price-to-earnings ratio of 12.10 and a beta of 1.30. Ethan Allen Interiors Inc. has a one year low of $26.53 and a one year high of $35.62.

Ethan Allen Interiors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.21%. The ex-dividend date was Tuesday, November 12th. Ethan Allen Interiors's dividend payout ratio is 63.16%.

Insider Buying and Selling at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $30.87, for a total transaction of $308,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,698,905 shares of the company's stock, valued at $52,445,197.35. This trade represents a 0.59 % decrease in their position. The sale 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 over the last three months. Company insiders own 10.48% of the company's stock.

Analyst Upgrades and Downgrades

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.

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.