Posted by admin on Jun 24th, 2022
Pacer Advisors Inc. lowered its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating) by 1.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,366 shares of the company’s stock after selling 976 shares during the quarter. Pacer Advisors Inc.’s holdings in Haverty Furniture Companies were worth $2,286,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Royce & Associates LP increased its holdings in shares of Haverty Furniture Companies by 46.7% during the fourth quarter. Royce & Associates LP now owns 429,979 shares of the company’s stock valued at $13,144,000 after acquiring an additional 136,783 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Haverty Furniture Companies by 80.9% during the third quarter. Millennium Management LLC now owns 191,959 shares of the company’s stock valued at $6,471,000 after acquiring an additional 85,857 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Haverty Furniture Companies by 13.7% during the fourth quarter. Victory Capital Management Inc. now owns 149,853 shares of the company’s stock valued at $4,581,000 after acquiring an additional 18,105 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Haverty Furniture Companies during the fourth quarter valued at about $3,352,000. Finally, Rhumbline Advisers increased its holdings in shares of Haverty Furniture Companies by 0.6% during the fourth quarter. Rhumbline Advisers now owns 100,038 shares of the company’s stock valued at $3,058,000 after acquiring an additional 573 shares in the last quarter. Hedge funds and other institutional investors own 89.26% of the company’s stock.
Separately, StockNews.com assumed coverage on shares of Haverty Furniture Companies in a report on Thursday, March 31st. They issued a “buy” rating on the stock.
Shares of NYSE:HVT opened at $24.95 on Friday. Haverty Furniture Companies, Inc. has a twelve month low of $23.37 and a twelve month high of $43.91. The company’s 50 day moving average is $26.86 and its 200 day moving average is $28.40. The company has a market cap of $423.28 million, a PE ratio of 5.01 and a beta of 1.34.
Haverty Furniture Companies (NYSE:HVT – Get Rating) last issued its quarterly earnings results on Monday, May 2nd. The company reported $1.11 earnings per share for the quarter. Haverty Furniture Companies had a net margin of 8.94% and a return on equity of 33.08%. The company had revenue of $238.95 million for the quarter. During the same quarter last year, the company posted $1.04 EPS.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 17th. Stockholders of record on Thursday, June 2nd were paid a dividend of $0.28 per share. This is a boost from Haverty Furniture Companies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.49%. Haverty Furniture Companies’s dividend payout ratio (DPR) is presently 22.49%.
About Haverty Furniture Companies (Get Rating)
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 Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name.
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