Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Bought by Empowered Funds LLC

Empowered Funds LLC grew its position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,798 shares of the company’s stock after acquiring an additional 4,153 shares during the quarter. Empowered Funds LLC owned about 0.52% of Haverty Furniture Companies worth $1,910,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pzena Investment Management LLC purchased a new stake in shares of Haverty Furniture Companies in the third quarter worth about $19,768,000. Hotchkis & Wiley Capital Management LLC boosted its position in shares of Haverty Furniture Companies by 27.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 425,940 shares of the company’s stock worth $11,701,000 after buying an additional 92,600 shares during the period. Jane Street Group LLC boosted its position in shares of Haverty Furniture Companies by 1,258.1% in the third quarter. Jane Street Group LLC now owns 363,894 shares of the company’s stock worth $9,996,000 after buying an additional 337,099 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Haverty Furniture Companies in the third quarter worth about $6,129,000. Finally, Kanen Wealth Management LLC boosted its position in shares of Haverty Furniture Companies by 266.8% in the fourth quarter. Kanen Wealth Management LLC now owns 213,477 shares of the company’s stock worth $4,752,000 after buying an additional 155,273 shares during the period. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Haverty Furniture Companies Stock Performance

Shares of HVT opened at $21.92 on Friday. The company has a market capitalization of $359.63 million, a P/E ratio of 13.78, a P/E/G ratio of 1.17 and a beta of 1.48. Haverty Furniture Companies, Inc. has a one year low of $21.05 and a one year high of $37.05. The stock has a 50-day moving average price of $22.31 and a 200 day moving average price of $24.49.

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.