DRW Securities LLC Acquires Shares of 10,760 Haverty Furniture Companies, Inc. (NYSE:HVT)

DRW Securities LLC bought a new stake in Haverty Furniture Companies, Inc. (NYSE:HVT) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,760 shares of the company’s stock, valued at approximately $296,000.

Other large investors have also recently modified their holdings of the company. Acadian Asset Management LLC lifted its stake in shares of Haverty Furniture Companies by 1.3% in the 2nd quarter. Acadian Asset Management LLC now owns 31,855 shares of the company’s stock valued at $804,000 after acquiring an additional 395 shares during the last quarter. Wulff Hansen & CO. raised its position in Haverty Furniture Companies by 2.9% in the second quarter. Wulff Hansen & CO. now owns 22,662 shares of the company’s stock valued at $573,000 after purchasing an additional 648 shares during the last quarter. Texas Permanent School Fund Corp boosted its stake in shares of Haverty Furniture Companies by 6.1% during the second quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock valued at $313,000 after purchasing an additional 714 shares in the last quarter. Koss Olinger Consulting LLC grew its holdings in shares of 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 purchasing an additional 991 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Haverty Furniture Companies by 22.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock worth $140,000 after purchasing an additional 1,034 shares during the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Haverty Furniture Companies Stock Up 1.0 %

Shares of NYSE:HVT opened at $24.08 on Thursday. The firm has a market cap of $395.15 million, a P/E ratio of 15.14, a P/E/G ratio of 2.21 and a beta of 1.48. Haverty Furniture Companies, Inc. has a 12-month low of $21.61 and a 12-month high of $37.05. The business has a fifty day simple moving average of $24.73 and a 200 day simple moving average of $26.15.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.32%. Haverty Furniture Companies’s dividend payout ratio (DPR) is 80.50%.

Analysts Set New Price Targets

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

Haverty Furniture Companies 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.