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

Barclays PLC raised its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 96.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 37,047 shares of the company’s stock after purchasing an additional 18,174 shares during the quarter. Barclays PLC’s holdings in Haverty Furniture Companies were worth $1,018,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Point72 DIFC Ltd purchased a new position in shares of Haverty Furniture Companies during the third quarter valued at approximately $70,000. US Bancorp DE bought a new stake in Haverty Furniture Companies in the 3rd quarter worth approximately $109,000. Quest Partners LLC purchased a new stake in Haverty Furniture Companies during the 3rd quarter valued at $185,000. Centiva Capital LP purchased a new stake in Haverty Furniture Companies during the 3rd quarter valued at $294,000. Finally, DRW Securities LLC bought a new position in shares of Haverty Furniture Companies during the 3rd quarter valued at $296,000. Hedge funds and other institutional investors 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 Up 1.3 %

NYSE HVT opened at $22.00 on Wednesday. The firm has a market capitalization of $360.98 million, a P/E ratio of 13.84, a PEG ratio of 2.05 and a beta of 1.48. The company has a 50-day moving average price of $22.70 and a 200-day moving average price of $25.03. Haverty Furniture Companies, Inc. has a 52 week low of $21.05 and a 52 week high of $37.05.

Haverty Furniture Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.28 annualized dividend and a yield of 5.82%. Haverty Furniture Companies’s payout ratio is presently 80.50%.

Haverty Furniture Companies Company 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.