US Bancorp DE Acquires New Shares in Haverty Furniture Companies, Inc. (NYSE:HVT)

US Bancorp DE bought a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 3,960 shares of the company’s stock, valued at approximately $109,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Acadian Asset Management LLC raised its holdings in Haverty Furniture Companies by 1.3% in the second quarter. Acadian Asset Management LLC now owns 31,855 shares of the company’s stock worth $804,000 after purchasing an additional 395 shares during the period. Wulff Hansen & CO. increased its position in shares of Haverty Furniture Companies by 2.9% in the 2nd quarter. Wulff Hansen & CO. now owns 22,662 shares of the company’s stock valued at $573,000 after buying an additional 648 shares in the last quarter. Texas Permanent School Fund Corp raised its stake in Haverty Furniture Companies by 6.1% during the 2nd quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock worth $313,000 after buying an additional 714 shares during the period. EMC Capital Management raised its stake in 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 during the period. Finally, Koss Olinger Consulting LLC lifted its holdings in Haverty Furniture Companies by 7.0% during the third quarter. Koss Olinger Consulting LLC now owns 15,244 shares of the company’s stock worth $419,000 after acquiring an additional 991 shares in the last quarter. 80.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research note on Friday, October 25th.

Haverty Furniture Companies Price Performance

NYSE:HVT opened at $22.54 on Friday. The company has a market cap of $369.84 million, a P/E ratio of 14.18, a P/E/G ratio of 2.01 and a beta of 1.48. The firm’s fifty day moving average price is $25.09 and its two-hundred day moving average price is $26.45. Haverty Furniture Companies, Inc. has a one year low of $21.61 and a one year high of $37.05.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 26th will be given a dividend of $0.32 per share. The ex-dividend date is Tuesday, November 26th. This represents a $1.28 annualized dividend and a yield of 5.68%. Haverty Furniture Companies’s dividend payout ratio is 80.50%.

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.