Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its position in Haverty Furniture Companies, Inc. (NYSE:HVT) by 59.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 39,209 shares of the company’s stock after acquiring an additional 14,657 shares during the period. GSA Capital Partners LLP owned about 0.24% of Haverty Furniture Companies worth $773,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pzena Investment Management LLC boosted its holdings in shares of Haverty Furniture Companies by 0.4% in the 1st quarter. Pzena Investment Management LLC now owns 966,081 shares of the company’s stock valued at $19,051,000 after purchasing an additional 3,979 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Haverty Furniture Companies by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 326,221 shares of the company’s stock valued at $7,263,000 after purchasing an additional 5,107 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Haverty Furniture Companies by 35.2% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 301,683 shares of the company’s stock worth $6,715,000 after purchasing an additional 78,553 shares during the period. Bridgeway Capital Management LLC lifted its position in Haverty Furniture Companies by 2.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 160,198 shares of the company’s stock valued at $3,566,000 after buying an additional 4,153 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Haverty Furniture Companies by 15.3% during the fourth quarter. Franklin Resources Inc. now owns 147,064 shares of the company’s stock worth $3,274,000 after buying an additional 19,546 shares during the period. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HVT has been the subject of a number of recent research reports. Sidoti upgraded Haverty Furniture Companies to a “hold” rating in a research note on Tuesday, April 29th. Wall Street Zen lowered shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a report on Saturday, July 5th.

Haverty Furniture Companies Stock Down 1.3%

Shares of NYSE HVT opened at $20.37 on Friday. Haverty Furniture Companies, Inc. has a fifty-two week low of $17.01 and a fifty-two week high of $29.59. The business has a 50 day moving average price of $20.85 and a two-hundred day moving average price of $20.73. The firm has a market cap of $328.98 million, a PE ratio of 17.71, a price-to-earnings-growth ratio of 1.49 and a beta of 1.42.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Haverty Furniture Companies had a net margin of 2.71% and a return on equity of 6.39%. The business had revenue of $181.03 million during the quarter, compared to the consensus estimate of $177.11 million. On average, analysts anticipate that Haverty Furniture Companies, Inc. will post 0.88 earnings per share for the current year.

Haverty Furniture Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Stockholders of record on Monday, June 2nd were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Monday, June 2nd. Haverty Furniture Companies’s dividend payout ratio is presently 101.59%.

Insider Buying and Selling at Haverty Furniture Companies

In other news, Director Rawson Haverty, Jr. sold 1,500 shares of the business’s stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $20.67, for a total transaction of $31,005.00. Following the completion of the transaction, the director owned 38,023 shares of the company’s stock, valued at approximately $785,935.41. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 8.63% of the company’s stock.

Haverty Furniture Companies Company Profile

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.