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

Barclays PLC raised its position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 96.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,047 shares of the company’s stock after acquiring an additional 18,174 shares during the quarter. Barclays PLC owned approximately 0.23% of Haverty Furniture Companies worth $1,018,000 at the end of the most recent quarter.

Other hedge funds and 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 in the 3rd quarter valued at approximately $70,000. US Bancorp DE bought a new position in Haverty Furniture Companies in the third quarter worth $109,000. Quest Partners LLC purchased a new position in Haverty Furniture Companies during the third quarter valued at $185,000. Centiva Capital LP bought a new stake in shares of Haverty Furniture Companies during the 3rd quarter valued at $294,000. Finally, DRW Securities LLC purchased a new stake in shares of Haverty Furniture Companies in the 3rd quarter worth about $296,000. Hedge funds and other institutional investors own 80.57% of the company’s stock.

Haverty Furniture Companies Stock Up 1.3 %

Shares of HVT opened at $22.00 on Wednesday. Haverty Furniture Companies, Inc. has a 52 week low of $21.05 and a 52 week high of $37.05. The stock has a market cap of $360.98 million, a P/E ratio of 13.84, a P/E/G ratio of 2.05 and a beta of 1.48. The business’s 50 day moving average price is $22.70 and its 200-day moving average price is $25.03.

Haverty Furniture Companies Announces Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Friday, October 25th.

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.