Renaissance Technologies LLC Has $21.23 Million Stock Position in Haverty Furniture Companies, Inc. (NYSE:HVT)

Renaissance Technologies LLC lessened its stake in Haverty Furniture Companies, Inc. (NYSE:HVT) by 1.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 839,606 shares of the company’s stock after selling 8,800 shares during the quarter. Renaissance Technologies LLC owned approximately 5.17% of Haverty Furniture Companies worth $21,234,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Haverty Furniture Companies by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 1,105,487 shares of the company’s stock valued at $37,719,000 after buying an additional 17,354 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Haverty Furniture Companies by 19.0% in the 2nd quarter. American Century Companies Inc. now owns 320,672 shares of the company’s stock valued at $8,110,000 after buying an additional 51,302 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Haverty Furniture Companies by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 308,565 shares of the company’s stock valued at $10,954,000 after buying an additional 9,064 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Haverty Furniture Companies by 14.2% in the 1st quarter. Russell Investments Group Ltd. now owns 93,908 shares of the company’s stock valued at $3,204,000 after buying an additional 11,703 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Haverty Furniture Companies by 8.2% in the 1st quarter. Empowered Funds LLC now owns 71,911 shares of the company’s stock valued at $2,454,000 after buying an additional 5,425 shares during the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Haverty Furniture Companies Price Performance

Shares of Haverty Furniture Companies stock opened at $27.62 on Friday. The company has a market capitalization of $448.44 million, a price-to-earnings ratio of 10.04, a P/E/G ratio of 1.41 and a beta of 1.45. The business has a fifty day simple moving average of $27.34 and a two-hundred day simple moving average of $28.49. Haverty Furniture Companies, Inc. has a 1 year low of $23.09 and a 1 year high of $37.05.

Haverty Furniture Companies (NYSE:HVT) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. The company had revenue of $178.60 million for the quarter, compared to analysts’ expectations of $182.37 million. Haverty Furniture Companies had a return on equity of 12.58% and a net margin of 4.91%. As a group, equities analysts anticipate that Haverty Furniture Companies, Inc. will post 1.51 earnings per share for the current fiscal year.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Monday, August 26th were issued a dividend of $0.32 per share. The ex-dividend date was Monday, August 26th. This represents a $1.28 annualized dividend and a dividend yield of 4.63%. Haverty Furniture Companies’s dividend payout ratio is 46.55%.

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.