Nisa Investment Advisors LLC boosted its holdings in Ethan Allen Interiors Inc. (NYSE:ETH) by 308.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,850 shares of the company’s stock after acquiring an additional 54,280 shares during the quarter. Nisa Investment Advisors LLC owned about 0.27% of Ethan Allen Interiors worth $1,264,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Kessler Investment Group LLC purchased a new position in Ethan Allen Interiors in the third quarter worth $162,000. Meeder Asset Management Inc. purchased a new position in Ethan Allen Interiors in the fourth quarter worth $166,000. State of Alaska Department of Revenue raised its position in Ethan Allen Interiors by 38.6% in the third quarter. State of Alaska Department of Revenue now owns 11,383 shares of the company’s stock worth $235,000 after acquiring an additional 3,169 shares in the last quarter. MetLife Investment Advisors LLC raised its position in Ethan Allen Interiors by 55.7% in the third quarter. MetLife Investment Advisors LLC now owns 18,927 shares of the company’s stock worth $393,000 after acquiring an additional 6,768 shares in the last quarter. Finally, GSA Capital Partners LLP raised its position in Ethan Allen Interiors by 20.2% in the third quarter. GSA Capital Partners LLP now owns 38,432 shares of the company’s stock worth $797,000 after acquiring an additional 6,449 shares in the last quarter. Hedge funds and other institutional investors own 93.41% of the company’s stock.

Ethan Allen Interiors stock opened at $18.76 on Monday. The firm has a market capitalization of $498.44 million, a price-to-earnings ratio of 13.40, a PEG ratio of 1.16 and a beta of 0.99. Ethan Allen Interiors Inc. has a fifty-two week low of $17.15 and a fifty-two week high of $26.40.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 24th. Shareholders of record on Thursday, January 10th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 4.05%. The ex-dividend date was Wednesday, January 9th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 56.30%.

Several research analysts have issued reports on ETH shares. ValuEngine upgraded Ethan Allen Interiors from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 13th. Zacks Investment Research upgraded Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research report on Monday, October 8th. Telsey Advisory Group cut their price objective on Ethan Allen Interiors from $23.00 to $22.00 and set a “market perform” rating for the company in a research report on Thursday, October 25th. Finally, Raymond James cut Ethan Allen Interiors from a “strong-buy” rating to an “outperform” rating in a research report on Friday, October 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $23.00.

In other news, Director James B. Carlson bought 2,000 shares of the stock in a transaction on Friday, November 16th. The shares were bought at an average price of $19.38 per share, with a total value of $38,760.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman M Farooq Kathwari bought 10,000 shares of the stock in a transaction on Tuesday, November 6th. The stock was purchased at an average cost of $19.50 per share, for a total transaction of $195,000.00. Following the acquisition, the chairman now directly owns 1,979,377 shares of the company’s stock, valued at approximately $38,597,851.50. The disclosure for this purchase can be found here. 10.40% of the stock is currently owned by corporate insiders.

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Ethan Allen Interiors Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through 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 items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other 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.

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Institutional Ownership by Quarter for Ethan Allen Interiors (NYSE:ETH)

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