American Century Companies Inc. Purchases 36,086 Shares of Haverty Furniture Companies, Inc. (NYSE:HVT)

American Century Companies Inc. lifted its position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 404,318 shares of the company’s stock after acquiring an additional 36,086 shares during the period. American Century Companies Inc. owned approximately 2.46% of Haverty Furniture Companies worth $9,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Wulff Hansen & CO. boosted its holdings in shares of Haverty Furniture Companies by 22.2% in the 4th quarter. Wulff Hansen & CO. now owns 29,422 shares of the company’s stock valued at $655,000 after purchasing an additional 5,346 shares in the last quarter. Pzena Investment Management LLC lifted its position in shares of Haverty Furniture Companies by 33.7% during the 4th quarter. Pzena Investment Management LLC now owns 962,102 shares of the company’s stock worth $21,416,000 after buying an additional 242,465 shares during the last quarter. AlphaQuest LLC boosted its stake in Haverty Furniture Companies by 322.1% in the fourth quarter. AlphaQuest LLC now owns 28,366 shares of the company’s stock valued at $631,000 after buying an additional 21,646 shares in the last quarter. Victory Capital Management Inc. bought a new position in Haverty Furniture Companies in the fourth quarter valued at about $587,000. Finally, US Bancorp DE raised its stake in Haverty Furniture Companies by 30.9% during the fourth quarter. US Bancorp DE now owns 5,184 shares of the company’s stock worth $115,000 after acquiring an additional 1,224 shares in the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Haverty Furniture Companies Stock Performance

Shares of HVT opened at $20.61 on Thursday. The stock has a market capitalization of $333.76 million, a price-to-earnings ratio of 12.96, a PEG ratio of 1.15 and a beta of 1.44. Haverty Furniture Companies, Inc. has a 52 week low of $19.32 and a 52 week high of $33.04. The stock has a fifty day moving average of $21.78 and a 200-day moving average of $23.09.

Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.30. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. The firm had revenue of $184.35 million for the quarter, compared to analyst estimates of $179.84 million. As a group, equities analysts forecast that Haverty Furniture Companies, Inc. will post 0.88 EPS for the current year.

Haverty Furniture Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.21%. The ex-dividend date of this dividend was Thursday, March 6th. Haverty Furniture Companies’s dividend payout ratio (DPR) is currently 109.40%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Haverty Furniture Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, March 19th.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.