Barclays PLC Purchases 16,283 Shares of Haverty Furniture Companies, Inc. (NYSE:HVT)

Barclays PLC grew its position in Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 44.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,330 shares of the company's stock after buying an additional 16,283 shares during the period. Barclays PLC owned 0.32% of Haverty Furniture Companies worth $1,188,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in Haverty Furniture Companies during the third quarter valued at approximately $88,000. Franklin Resources Inc. increased its position in shares of Haverty Furniture Companies by 3.6% during the third quarter. Franklin Resources Inc. now owns 127,518 shares of the company's stock worth $3,259,000 after purchasing an additional 4,449 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Haverty Furniture Companies by 8.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock worth $152,000 after purchasing an additional 548 shares in the last quarter. Kanen Wealth Management LLC lifted its holdings in shares of Haverty Furniture Companies by 266.8% during the 4th quarter. Kanen Wealth Management LLC now owns 213,477 shares of the company's stock valued at $4,752,000 after purchasing an additional 155,273 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Haverty Furniture Companies by 18.8% in the 4th quarter. Inspire Investing LLC now owns 17,958 shares of the company's stock worth $400,000 after purchasing an additional 2,839 shares in the last quarter. 80.57% of the stock is currently owned by institutional investors.

Haverty Furniture Companies Trading Up 2.6 %

NYSE HVT opened at $20.25 on Monday. Haverty Furniture Companies, Inc. has a 12-month low of $17.01 and a 12-month high of $30.13. The company has a fifty day simple moving average of $19.84 and a two-hundred day simple moving average of $21.70. The stock has a market cap of $327.93 million, a P/E ratio of 12.74, a P/E/G ratio of 1.15 and a beta of 1.36.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.09. The company had revenue of $181.60 million during the quarter, compared to analyst estimates of $178.36 million. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. As a group, sell-side analysts forecast that Haverty Furniture Companies, Inc. will post 0.88 earnings per share for the current year.

Haverty Furniture Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Thursday, March 6th were given a $0.32 dividend. The ex-dividend date was Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a yield of 6.32%. Haverty Furniture Companies's dividend payout ratio is currently 101.59%.

Wall Street Analysts Forecast Growth

HVT has been the topic of several recent analyst reports. StockNews.com lowered Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Sidoti upgraded shares of Haverty Furniture Companies to a "hold" rating in a report on Tuesday, April 29th.

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.

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