Harbor Capital Advisors Inc. Trims Stock Position in Haverty Furniture Companies, Inc. (NYSE:HVT)

Harbor Capital Advisors Inc. decreased its position in Haverty Furniture Companies, Inc. (NYSE:HVT) by 19.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,265 shares of the company’s stock after selling 1,507 shares during the period. Harbor Capital Advisors Inc.’s holdings in Haverty Furniture Companies were worth $172,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in Haverty Furniture Companies by 179.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 9,506 shares of the company’s stock worth $324,000 after acquiring an additional 6,101 shares during the period. BNP Paribas Financial Markets increased its position in shares of Haverty Furniture Companies by 82.2% during the 1st quarter. BNP Paribas Financial Markets now owns 20,694 shares of the company’s stock worth $706,000 after purchasing an additional 9,335 shares during the last quarter. Empowered Funds LLC raised its holdings in Haverty Furniture Companies by 8.2% in the 1st quarter. Empowered Funds LLC now owns 71,911 shares of the company’s stock valued at $2,454,000 after buying an additional 5,425 shares during the period. Russell Investments Group Ltd. lifted its position in Haverty Furniture Companies by 14.2% in the first quarter. Russell Investments Group Ltd. now owns 93,908 shares of the company’s stock valued at $3,204,000 after buying an additional 11,703 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in Haverty Furniture Companies by 16.4% during the first quarter. State Board of Administration of Florida Retirement System now owns 46,106 shares of the company’s stock worth $1,471,000 after buying an additional 6,508 shares during the period. Institutional investors and hedge funds own 80.57% of the company’s stock.

Haverty Furniture Companies Stock Down 2.1 %

Shares of NYSE HVT opened at $22.86 on Friday. The business’s 50 day moving average is $25.53 and its two-hundred day moving average is $26.86. Haverty Furniture Companies, Inc. has a 52-week low of $21.61 and a 52-week high of $37.05. The firm has a market cap of $375.13 million, a price-to-earnings ratio of 14.38, a PEG ratio of 1.96 and a beta of 1.48.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research note on Friday, October 25th.

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.