Hennion & Walsh Asset Management Inc. Sells 622 Shares of Ethan Allen Interiors Inc. (NYSE:ETD)

Hennion & Walsh Asset Management Inc. decreased its holdings in Ethan Allen Interiors Inc. (NYSE:ETD) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,542 shares of the company’s stock after selling 622 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.26% of Ethan Allen Interiors worth $1,842,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jane Street Group LLC grew its position in shares of Ethan Allen Interiors by 679.5% in the 3rd quarter. Jane Street Group LLC now owns 266,161 shares of the company’s stock valued at $8,488,000 after buying an additional 232,015 shares during the last quarter. Millennium Management LLC boosted its holdings in Ethan Allen Interiors by 2,127.1% in the second quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock valued at $4,392,000 after acquiring an additional 150,409 shares during the last quarter. American Century Companies Inc. increased its position in Ethan Allen Interiors by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 547,959 shares of the company’s stock valued at $15,283,000 after purchasing an additional 72,767 shares during the period. First Eagle Investment Management LLC raised its holdings in Ethan Allen Interiors by 88.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 128,091 shares of the company’s stock worth $3,572,000 after purchasing an additional 59,999 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Ethan Allen Interiors by 4.5% in the 2nd quarter. Pacer Advisors Inc. now owns 888,760 shares of the company’s stock worth $24,788,000 after purchasing an additional 38,101 shares during the period. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $28.67, for a total value of $286,700.00. Following the transaction, the chief executive officer now owns 1,651,905 shares in the company, valued at approximately $47,360,116.35. This represents a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 10.48% of the company’s stock.

Ethan Allen Interiors Stock Down 0.4 %

Shares of ETD stock opened at $28.64 on Friday. The firm has a 50 day moving average of $29.17 and a 200-day moving average of $29.77. The company has a market cap of $728.37 million, a price-to-earnings ratio of 11.60 and a beta of 1.31. Ethan Allen Interiors Inc. has a 52 week low of $26.53 and a 52 week high of $35.62.

Ethan Allen Interiors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.56 annualized dividend and a dividend yield of 5.45%. Ethan Allen Interiors’s dividend payout ratio is currently 63.16%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ETD. Argus reiterated a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th. Telsey Advisory Group reissued 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.

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.