Haverty Furniture Companies, Inc. (NYSE:HVT) Stock Holdings Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 643.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,482 shares of the company’s stock after acquiring an additional 18,591 shares during the quarter. BNP Paribas Financial Markets owned 0.13% of Haverty Furniture Companies worth $590,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. DRW Securities LLC purchased a new position in shares of Haverty Furniture Companies in the third quarter worth approximately $296,000. Pzena Investment Management LLC purchased a new position in Haverty Furniture Companies during the 3rd quarter worth approximately $19,768,000. Quest Partners LLC acquired a new stake in Haverty Furniture Companies during the 3rd quarter valued at $185,000. Empowered Funds LLC lifted its holdings in shares of Haverty Furniture Companies by 5.4% in the third quarter. Empowered Funds LLC now owns 81,645 shares of the company’s stock valued at $2,243,000 after purchasing an additional 4,154 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Haverty Furniture Companies in the third quarter valued at $3,956,000. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Haverty Furniture Companies Stock Performance

HVT stock opened at $22.91 on Friday. The firm has a 50 day simple moving average of $23.82 and a 200 day simple moving average of $25.71. Haverty Furniture Companies, Inc. has a 52 week low of $21.61 and a 52 week high of $37.05. The stock has a market cap of $375.95 million, a P/E ratio of 14.41, a P/E/G ratio of 2.10 and a beta of 1.47.

Haverty Furniture Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio (DPR) is currently 80.50%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report 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.