Geode Capital Management LLC lifted its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) by 0.7% in the 4th quarter, Holdings Channel reports. The firm owned 251,989 shares of the company’s stock after buying an additional 1,819 shares during the quarter. Geode Capital Management LLC’s holdings in Haverty Furniture Companies were worth $4,732,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. grew its stake in Haverty Furniture Companies by 2.2% in the 4th quarter. BlackRock Inc. now owns 2,818,902 shares of the company’s stock valued at $52,939,000 after buying an additional 61,326 shares in the last quarter. Royce & Associates LP grew its stake in Haverty Furniture Companies by 14.3% in the 4th quarter. Royce & Associates LP now owns 1,490,400 shares of the company’s stock valued at $27,990,000 after buying an additional 186,700 shares in the last quarter. Vanguard Group Inc grew its stake in Haverty Furniture Companies by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 1,124,571 shares of the company’s stock valued at $24,852,000 after buying an additional 26,333 shares in the last quarter. Vanguard Group Inc. grew its stake in Haverty Furniture Companies by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,124,571 shares of the company’s stock valued at $24,852,000 after buying an additional 26,333 shares in the last quarter. Finally, LSV Asset Management grew its stake in Haverty Furniture Companies by 0.3% in the 4th quarter. LSV Asset Management now owns 1,051,914 shares of the company’s stock valued at $19,754,000 after buying an additional 3,408 shares in the last quarter. Institutional investors own 84.82% of the company’s stock.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Haverty Furniture Companies from a “hold” rating to a “sell” rating in a research note on Tuesday, February 12th. TheStreet upgraded shares of Haverty Furniture Companies from a “c+” rating to a “b-” rating in a research note on Thursday, February 14th.

Haverty Furniture Companies stock opened at $23.60 on Tuesday. Haverty Furniture Companies, Inc. has a 1-year low of $17.70 and a 1-year high of $25.09. The company has a market capitalization of $494.30 million, a P/E ratio of 16.62 and a beta of 0.81. The company has a quick ratio of 1.09, a current ratio of 2.29 and a debt-to-equity ratio of 0.17.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings data on Tuesday, February 19th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.09. Haverty Furniture Companies had a net margin of 3.71% and a return on equity of 10.51%. The business had revenue of $208.97 million during the quarter, compared to analyst estimates of $199.91 million. During the same period in the previous year, the business earned $0.40 EPS. Haverty Furniture Companies’s revenue was down 2.8% compared to the same quarter last year. Sell-side analysts forecast that Haverty Furniture Companies, Inc. will post 1.34 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Wednesday, March 13th were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $0.72 dividend on an annualized basis and a yield of 3.05%. Haverty Furniture Companies’s dividend payout ratio is 50.70%.

In other news, VP Jenny H. Parker sold 7,069 shares of the business’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $23.50, for a total transaction of $166,121.50. Following the completion of the transaction, the vice president now directly owns 20,119 shares in the company, valued at approximately $472,796.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Allan J. Deniro sold 8,000 shares of the business’s stock in a transaction on Wednesday, February 27th. The shares were sold at an average price of $24.22, for a total transaction of $193,760.00. Following the transaction, the vice president now owns 8,553 shares of the company’s stock, valued at $207,153.66. The disclosure for this sale can be found here. Insiders sold a total of 34,438 shares of company stock valued at $822,955 over the last quarter. 9.27% of the stock is owned by company insiders.

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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, as well as mattress product lines under the Sealy, Tempur-Pedic, Serta, Stearns & Foster, and Beautyrest Black names.

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Institutional Ownership by Quarter for Haverty Furniture Companies (NYSE:HVT)

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