6,720 Shares in Haverty Furniture Companies, Inc. (NYSE:HVT) Acquired by Quest Partners LLC

Quest Partners LLC bought a new position in Haverty Furniture Companies, Inc. (NYSE:HVT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,720 shares of the company’s stock, valued at approximately $185,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HVT. US Bancorp DE bought a new stake in shares of Haverty Furniture Companies in the 3rd quarter worth $109,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Haverty Furniture Companies by 22.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock worth $140,000 after acquiring an additional 1,034 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Haverty Furniture Companies by 79.9% during the second quarter. Harbor Capital Advisors Inc. now owns 7,772 shares of the company’s stock worth $197,000 after acquiring an additional 3,451 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in Haverty Furniture Companies in the first quarter worth about $206,000. Finally, Texas Permanent School Fund Corp lifted its holdings in Haverty Furniture Companies by 6.1% in the 2nd quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock valued at $313,000 after acquiring an additional 714 shares during the last quarter. 80.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Haverty Furniture Companies Price Performance

Shares of HVT opened at $24.08 on Thursday. The firm’s 50 day moving average is $24.73 and its 200-day moving average is $26.15. The stock has a market capitalization of $395.15 million, a P/E ratio of 14.99, a P/E/G ratio of 2.21 and a beta of 1.48. Haverty Furniture Companies, Inc. has a 12-month low of $21.61 and a 12-month high of $37.05.

Haverty Furniture Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, November 26th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.28 annualized dividend and a dividend yield of 5.32%. Haverty Furniture Companies’s dividend payout ratio is currently 80.50%.

Haverty Furniture Companies 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.