Wulff Hansen & CO. Purchases 648 Shares of Haverty Furniture Companies, Inc. (NYSE:HVT)

Wulff Hansen & CO. increased its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 2.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,662 shares of the company’s stock after acquiring an additional 648 shares during the period. Wulff Hansen & CO. owned about 0.14% of Haverty Furniture Companies worth $573,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Public Sector Pension Investment Board raised its holdings in shares of Haverty Furniture Companies by 5.9% in the second quarter. Public Sector Pension Investment Board now owns 29,317 shares of the company’s stock valued at $741,000 after buying an additional 1,638 shares during the last quarter. Waters Parkerson & CO. LLC raised its stake in shares of Haverty Furniture Companies by 14.1% in the second quarter. Waters Parkerson & CO. LLC now owns 28,300 shares of the company’s stock worth $716,000 after acquiring an additional 3,500 shares during the last quarter. WINTON GROUP Ltd lifted its position in shares of Haverty Furniture Companies by 40.1% during the second quarter. WINTON GROUP Ltd now owns 36,577 shares of the company’s stock worth $925,000 after purchasing an additional 10,469 shares in the last quarter. Vest Financial LLC bought a new stake in shares of Haverty Furniture Companies during the second quarter valued at approximately $1,087,000. Finally, American Century Companies Inc. raised its position in Haverty Furniture Companies by 19.0% in the 2nd quarter. American Century Companies Inc. now owns 320,672 shares of the company’s stock worth $8,110,000 after purchasing an additional 51,302 shares during the last quarter. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Trading Down 0.9 %

Haverty Furniture Companies stock opened at $27.30 on Tuesday. The company has a market cap of $443.24 million, a PE ratio of 9.93, a PEG ratio of 1.41 and a beta of 1.45. Haverty Furniture Companies, Inc. has a 1 year low of $23.09 and a 1 year high of $37.05. The company’s 50-day moving average is $27.38 and its two-hundred day moving average is $28.38.

Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. The business had revenue of $178.60 million for the quarter, compared to analyst estimates of $182.37 million. Research analysts forecast that Haverty Furniture Companies, Inc. will post 1.51 EPS for the current year.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, August 26th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, August 26th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.69%. Haverty Furniture Companies’s dividend payout ratio (DPR) is presently 46.55%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Haverty Furniture Companies from a “hold” rating to a “buy” rating in a research note on Thursday, August 22nd.

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.