BNP Paribas Financial Markets Has $590,000 Stake in Haverty Furniture Companies, Inc. (NYSE:HVT)

BNP Paribas Financial Markets increased its position in Haverty Furniture Companies, Inc. (NYSE:HVT) by 643.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,482 shares of the company’s stock after buying an additional 18,591 shares during the period. BNP Paribas Financial Markets’ holdings in Haverty Furniture Companies were worth $590,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Pzena Investment Management LLC acquired a new position in shares of Haverty Furniture Companies during the 3rd quarter worth $19,768,000. Wulff Hansen & CO. boosted its holdings in Haverty Furniture Companies by 2,503.4% in the second quarter. Wulff Hansen & CO. now owns 573,122 shares of the company’s stock worth $14,494,000 after purchasing an additional 551,108 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in Haverty Furniture Companies during the third quarter worth $3,956,000. Millennium Management LLC bought a new position in Haverty Furniture Companies during the second quarter valued at about $3,161,000. Finally, American Century Companies Inc. lifted its position in shares of Haverty Furniture Companies by 19.0% in the second quarter. American Century Companies Inc. now owns 320,672 shares of the company’s stock worth $8,110,000 after buying an additional 51,302 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 lowered Haverty Furniture Companies from a “buy” rating to a “hold” rating in a report on Friday, October 25th.

Haverty Furniture Companies Stock Down 1.2 %

NYSE:HVT opened at $22.91 on Friday. The company’s 50 day moving average is $23.82 and its 200-day moving average is $25.71. The firm has a market cap of $375.95 million, a price-to-earnings ratio of 14.41, a P/E/G ratio of 2.10 and a beta of 1.47. 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 company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is 80.50%.

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.