Harbor Capital Advisors Inc. Has $152,000 Position in Haverty Furniture Companies, Inc. (NYSE:HVT)

Harbor Capital Advisors Inc. increased its position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,813 shares of the company’s stock after buying an additional 548 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Haverty Furniture Companies were worth $152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of HVT. Point72 DIFC Ltd bought a new position in shares of Haverty Furniture Companies during the 3rd quarter worth approximately $70,000. Wilmington Savings Fund Society FSB acquired a new position in Haverty Furniture Companies during the third quarter worth $88,000. US Bancorp DE bought a new position in Haverty Furniture Companies in the third quarter valued at $109,000. Quest Partners LLC acquired a new stake in Haverty Furniture Companies in the 3rd quarter valued at $185,000. Finally, Centiva Capital LP bought a new stake in Haverty Furniture Companies during the 3rd quarter worth about $294,000. Institutional investors and hedge funds own 80.57% of the company’s stock.

Analysts Set New Price Targets

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

Haverty Furniture Companies Stock Performance

Haverty Furniture Companies stock opened at $22.32 on Thursday. The stock has a 50-day simple moving average of $22.68 and a 200 day simple moving average of $24.99. The stock has a market capitalization of $366.23 million, a P/E ratio of 14.04, a PEG ratio of 2.05 and a beta of 1.48. 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 announced a quarterly dividend, which was paid on Thursday, December 12th. Investors 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 5.73%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies’s 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.