Reasons for Corey Whitely’s Share Acquisition of Ethan Allen Interiors Inc. (ETH)’s Stock; 683 Capital Management Has Decreased Its Coca Cola Co (Put) (KO) Stake

February 9, 2018 - By Shannon Black

683 Capital Management Llc decreased Coca Cola Co (Put) (KO) stake by 16.67% reported in 2017Q3 SEC filing. 683 Capital Management Llc sold 100,000 shares as Coca Cola Co (Put) (KO)’s stock rose 6.48%. The 683 Capital Management Llc holds 500,000 shares with $22.51 million value, down from 600,000 last quarter. Coca Cola Co (Put) now has $183.64 billion valuation. The stock decreased 3.28% or $1.46 during the last trading session, reaching $43.1. About 23.30M shares traded or 92.69% up from the average. The Coca-Cola Company (NYSE:KO) has declined 0.95% since February 9, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Ethan Allen Interiors Inc’s EVP Adm. – CFO & Treas. Corey Whitely acquired 1,700 shares of the Pinksheet-listed company in purchase via broker dated February 08, 2018. The shares were bought at the average stock price of $24.7, for a total purchase of $41,905. This insider investment, was executed on February 08, 2018. It’s obtainable for free at the SEC’s website and can be found at this page. Corey Whitely has in hand roughly 0.05% of Ethan Allen Interiors Inc’s total market capitalization or 12,574 shares.

Since August 10, 2017, it had 0 insider buys, and 5 sales for $11.71 million activity. $4.61 million worth of The Coca-Cola Company (NYSE:KO) shares were sold by SMITH BRIAN JOHN. Shares for $719,250 were sold by LONG ROBERT EDWARD on Wednesday, January 24. Shares for $1.07 million were sold by Waller Kathy N on Tuesday, January 16. RIVERA ALFREDO sold $1.30 million worth of stock or 28,232 shares. Another trade for 84,400 shares valued at $4.01M was made by HAYS ED on Tuesday, January 23.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola has $102 highest and $37 lowest target. $47.46’s average target is 10.12% above currents $43.1 stock price. Coca-Cola had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained The Coca-Cola Company (NYSE:KO) on Tuesday, August 22 with “Hold” rating. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Jefferies on Tuesday, September 5. The firm has “Neutral” rating given on Thursday, April 21 by Goldman Sachs. The firm earned “Market Perform” rating on Thursday, January 19 by Wells Fargo. Susquehanna upgraded The Coca-Cola Company (NYSE:KO) on Friday, February 5 to “Neutral” rating. Jefferies maintained The Coca-Cola Company (NYSE:KO) on Monday, July 24 with “Hold” rating. Credit Suisse initiated The Coca-Cola Company (NYSE:KO) on Friday, September 16 with “Neutral” rating. RBC Capital Markets maintained it with “Buy” rating and $49.0 target in Friday, October 6 report. Barclays Capital reinitiated the shares of KO in report on Friday, August 7 with “Equal Weight” rating. The firm has “Hold” rating by Stifel Nicolaus given on Monday, September 18.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 13 before the open. They expect $0.38 EPS, up 2.70% or $0.01 from last year’s $0.37 per share. KO’s profit will be $1.62 billion for 28.36 P/E if the $0.38 EPS becomes a reality. After $0.50 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

683 Capital Management Llc increased Spdr Series Trust (Put) (XRT) stake by 200,000 shares to 400,000 valued at $16.71M in 2017Q3. It also upped Altaba Inc stake by 25,000 shares and now owns 325,000 shares. Alps Etf Tr (Call) (AMLP) was raised too.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It dived, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Adams Diversified Equity Fund reported 186,000 shares stake. First In holds 9,304 shares. Contravisory Investment Mngmt accumulated 209 shares or 0% of the stock. Hutchinson Management Ca reported 5,600 shares. Archford Cap Strategies Limited Liability Corporation accumulated 0.86% or 50,718 shares. Albion Finance Group Inc Ut has 21,576 shares for 0.15% of their portfolio. Hudock Gp Inc stated it has 0.73% in The Coca-Cola Company (NYSE:KO). Hirtle Callaghan & Co Ltd Liability Co owns 19,000 shares. Amalgamated Fincl Bank holds 0.64% or 458,009 shares. Bridges Investment Counsel has invested 0.27% in The Coca-Cola Company (NYSE:KO). Family Firm Incorporated owns 4,475 shares for 0.08% of their portfolio. Notis owns 0.24% invested in The Coca-Cola Company (NYSE:KO) for 8,500 shares. 55,094 were accumulated by Usca Ria Limited. Aimz Investment Advsrs reported 32,524 shares stake. Tukman Grossman Cap stated it has 122,618 shares or 4.14% of all its holdings.

Ethan Allen Interiors Inc. operates as an interior design company, and maker and retailer of home furnishings in North America, Europe, Asia, and the Middle East. The company has market cap of $667.66 million. The firm operates through two divisions, Wholesale and Retail. It has a 18.71 P/E ratio. The Company’s 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, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items, including 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.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.15, from 0.88 in 2017Q2. It increased, as 14 investors sold Ethan Allen Interiors Inc. shares while 51 reduced holdings. 26 funds opened positions while 41 raised stakes. 26.16 million shares or 1.14% more from 25.87 million shares in 2017Q2 were reported. Tci Wealth Advsrs has 25 shares. Tiedemann Wealth Management Ltd Liability Corporation, New York-based fund reported 28,231 shares. 305,159 were reported by State Of Wisconsin Invest Board. Gabelli Funds Lc, New York-based fund reported 17,000 shares. Pacad Invest reported 1,120 shares or 0.01% of all its holdings. Riverhead Capital Mgmt Limited Com invested in 0% or 2,534 shares. Glenmede Communication Na invested 0% of its portfolio in Ethan Allen Interiors Inc. (NYSE:ETH). Gsa Partners Llp holds 0.11% or 47,956 shares. New York-based Qs Lc has invested 0% in Ethan Allen Interiors Inc. (NYSE:ETH). Barclays Public Limited Co stated it has 0% in Ethan Allen Interiors Inc. (NYSE:ETH). Parkside Bancshares Tru holds 0% of its portfolio in Ethan Allen Interiors Inc. (NYSE:ETH) for 16 shares. Ameritas Inv Prtn, Nebraska-based fund reported 1,924 shares. Stevens Cap Mngmt Limited Partnership holds 11,892 shares or 0.01% of its portfolio. Advisory Limited Liability accumulated 97 shares or 0% of the stock. Prudential Finance Inc holds 42,080 shares.

Since September 8, 2017, it had 0 insider buys, and 1 sale for $12,375 activity. Bedford John S II also sold $12,375 worth of Ethan Allen Interiors Inc. (NYSE:ETH) shares.

The stock decreased 1.82% or $0.45 during the last trading session, reaching $24.3. About 622,466 shares traded or 81.05% up from the average. Ethan Allen Interiors Inc. (NYSE:ETH) has declined 12.50% since February 9, 2017 and is downtrending. It has underperformed by 29.20% the S&P500.

Among 6 analysts covering Ethan Allen (NYSE:ETH), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Ethan Allen has $37 highest and $27.0 lowest target. $32.25’s average target is 32.72% above currents $24.3 stock price. Ethan Allen had 20 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, January 24 with “Hold”. The firm has “Strong Buy” rating by Raymond James given on Tuesday, March 14. Raymond James downgraded the shares of ETH in report on Wednesday, October 28 to “Outperform” rating. Dougherty & Company maintained the shares of ETH in report on Wednesday, January 27 with “Buy” rating. Telsey Advisory Group maintained the shares of ETH in report on Thursday, April 27 with “Outperform” rating. On Monday, November 20 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was maintained by Stifel Nicolaus on Monday, July 17 with “Hold”. The rating was downgraded by Telsey Advisory Group to “Market Perform” on Wednesday, January 17. The firm earned “Hold” rating on Thursday, October 26 by Stifel Nicolaus. On Thursday, October 12 the stock rating was maintained by Stifel Nicolaus with “Hold”.