Nisa Investment Advisors LLC Grows Stock Position in Haverty Furniture Companies, Inc. (NYSE:HVT)

Nisa Investment Advisors LLC boosted its position in Haverty Furniture Companies, Inc. (NYSE:HVT) by 149.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,381 shares of the company’s stock after buying an additional 8,611 shares during the period. Nisa Investment Advisors LLC’s holdings in Haverty Furniture Companies were worth $395,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Haverty Furniture Companies by 22.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock valued at $140,000 after acquiring an additional 1,034 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Haverty Furniture Companies by 79.9% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 7,772 shares of the company’s stock valued at $197,000 after purchasing an additional 3,451 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Haverty Furniture Companies during the 1st quarter worth approximately $206,000. EMC Capital Management raised its stake in shares of Haverty Furniture Companies by 10.3% during the 1st quarter. EMC Capital Management now owns 8,064 shares of the company’s stock worth $275,000 after buying an additional 750 shares in the last quarter. Finally, Texas Permanent School Fund Corp lifted its holdings in shares of Haverty Furniture Companies by 6.1% in the 2nd quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock valued at $313,000 after buying an additional 714 shares during the period. 80.57% of the stock is 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 report on Friday, October 25th.

Haverty Furniture Companies Trading Up 1.8 %

HVT stock opened at $22.29 on Wednesday. The company’s 50-day moving average price is $25.69 and its 200 day moving average price is $26.91. Haverty Furniture Companies, Inc. has a 52 week low of $21.61 and a 52 week high of $37.05. The company has a market cap of $365.78 million, a P/E ratio of 14.02, a P/E/G ratio of 1.61 and a beta of 1.48.

Haverty Furniture Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Monday, August 26th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 5.74%. The ex-dividend date was Monday, August 26th. Haverty Furniture Companies’s dividend payout ratio (DPR) is 80.50%.

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.