Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,048,004 shares of the company’s stock after acquiring an additional 5,342 shares during the period. Vanguard Group Inc. owned about 6.44% of Haverty Furniture Companies worth $30,162,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HVT. Quarry LP increased its position in shares of Haverty Furniture Companies by 108.4% in the 1st quarter. Quarry LP now owns 794 shares of the company’s stock worth $25,000 after purchasing an additional 413 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in Haverty Furniture Companies by 75.2% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,142 shares of the company’s stock worth $34,000 after buying an additional 490 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Haverty Furniture Companies in the 3rd quarter valued at approximately $56,000. Captrust Financial Advisors boosted its holdings in Haverty Furniture Companies by 74.8% in the first quarter. Captrust Financial Advisors now owns 3,500 shares of the company’s stock worth $96,000 after purchasing an additional 1,498 shares during the period. Finally, State of Wyoming increased its stake in Haverty Furniture Companies by 46.1% during the fourth quarter. State of Wyoming now owns 4,135 shares of the company’s stock valued at $124,000 after purchasing an additional 1,305 shares during the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Haverty Furniture Companies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 6th.

Haverty Furniture Companies Stock Up 1.6 %

HVT stock opened at $31.08 on Friday. The firm’s 50-day simple moving average is $33.37 and its 200 day simple moving average is $32.20. The stock has a market cap of $501.94 million, a PE ratio of 9.28, a price-to-earnings-growth ratio of 1.09 and a beta of 1.53. Haverty Furniture Companies, Inc. has a fifty-two week low of $25.05 and a fifty-two week high of $37.05.

Haverty Furniture Companies (NYSE:HVT) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.06). The business had revenue of $210.74 million for the quarter, compared to analyst estimates of $230.06 million. Haverty Furniture Companies had a return on equity of 18.36% and a net margin of 6.53%. Equities analysts forecast that Haverty Furniture Companies, Inc. will post 2.45 EPS for the current fiscal year.

Haverty Furniture Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Monday, March 11th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Friday, March 8th. Haverty Furniture Companies’s dividend payout ratio (DPR) is 35.82%.

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.