6,720 Shares in Haverty Furniture Companies, Inc. (NYSE:HVT) Bought by Quest Partners LLC

Quest Partners LLC acquired a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,720 shares of the company’s stock, valued at approximately $185,000.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE bought a new stake in Haverty Furniture Companies in the third quarter valued at $109,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in 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 buying an additional 1,034 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Haverty Furniture Companies by 79.9% in the second quarter. Harbor Capital Advisors Inc. now owns 7,772 shares of the company’s stock valued at $197,000 after buying an additional 3,451 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Haverty Furniture Companies in the first quarter valued at $206,000. Finally, Texas Permanent School Fund Corp lifted its stake in Haverty Furniture Companies by 6.1% in the second 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 last quarter. 80.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Haverty Furniture Companies Stock Performance

HVT stock opened at $24.08 on Thursday. The stock has a market capitalization of $395.15 million, a price-to-earnings ratio of 14.99, a PEG ratio of 2.21 and a beta of 1.48. Haverty Furniture Companies, Inc. has a 1 year low of $21.61 and a 1 year high of $37.05. The stock’s fifty day moving average is $24.73 and its two-hundred day moving average is $26.15.

Haverty Furniture Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 26th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is currently 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.