Barclays PLC Grows Stock Holdings in Haverty Furniture Companies, Inc. (NYSE:HVT)

Barclays PLC boosted its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 96.3% during the third quarter, Holdings Channel.com reports. The firm owned 37,047 shares of the company’s stock after acquiring an additional 18,174 shares during the period. Barclays PLC’s holdings in Haverty Furniture Companies were worth $1,018,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Point72 DIFC Ltd purchased a new stake in shares of Haverty Furniture Companies in the third quarter valued at $70,000. US Bancorp DE purchased a new stake in shares of Haverty Furniture Companies in the third quarter valued at $109,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Haverty Furniture Companies by 22.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock valued at $140,000 after acquiring an additional 1,034 shares during the period. Quest Partners LLC purchased a new stake in shares of Haverty Furniture Companies in the third quarter valued at $185,000. Finally, Centiva Capital LP purchased a new stake in shares of Haverty Furniture Companies in the third quarter valued at $294,000. Hedge funds and other institutional investors own 80.57% of the company’s stock.

Wall Street Analyst Weigh In

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.

Haverty Furniture Companies Price Performance

HVT stock opened at $21.98 on Tuesday. The company has a market capitalization of $360.65 million, a PE ratio of 13.82, a P/E/G ratio of 2.10 and a beta of 1.47. Haverty Furniture Companies, Inc. has a 12 month low of $21.14 and a 12 month high of $37.05. The firm’s 50-day moving average is $23.03 and its 200 day moving average is $25.31.

Haverty Furniture Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, November 26th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 5.82%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is presently 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.