Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating) CEO Clarence H. Smith sold 13,880 shares of Haverty Furniture Companies stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $34.29, for a total transaction of $475,945.20. Following the completion of the sale, the chief executive officer now owns 34,300 shares of the company’s stock, valued at $1,176,147. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Haverty Furniture Companies Trading Down 1.1 %
Shares of NYSE HVT opened at $32.17 on Friday. The firm has a 50 day moving average of $34.57 and a 200 day moving average of $30.64. The firm has a market capitalization of $519.55 million, a price-to-earnings ratio of 6.15 and a beta of 1.41. Haverty Furniture Companies, Inc. has a 12-month low of $22.77 and a 12-month high of $38.85.
Haverty Furniture Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 27th. Investors of record on Friday, March 10th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $1.12 annualized dividend and a yield of 3.48%. Haverty Furniture Companies’s dividend payout ratio (DPR) is 21.41%.
Institutional Trading of Haverty Furniture Companies
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Haverty Furniture Companies from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 22nd.
Haverty Furniture Companies Company Profile
Haverty Furniture Cos., Inc operates as a specialty retailer of residential furniture and accessories. It provides a selection of products and styles and various brands carried furniture. The firm offers the bedding product lines, which include sealy, serta, stearns, foster and tempur pedic. It also provides financing through an internal revolving charge credit plan, as well as a third party finance company.
- Get a free copy of the StockNews.com research report on Haverty Furniture Companies (HVT)
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