Barclays PLC Increases Stake in Haverty Furniture Companies, Inc. (NYSE:HVT)

Barclays PLC grew its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 44.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,330 shares of the company's stock after acquiring 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 reporting period.

A number of other institutional investors have also added to or reduced their stakes in HVT. KLP Kapitalforvaltning AS purchased a new stake in shares of Haverty Furniture Companies during the 4th quarter valued at $56,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Haverty Furniture Companies during the third quarter worth about $88,000. US Bancorp DE grew its position in shares of Haverty Furniture Companies by 30.9% in the 4th quarter. US Bancorp DE now owns 5,184 shares of the company's stock worth $115,000 after buying an additional 1,224 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Haverty Furniture Companies by 8.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock valued at $152,000 after acquiring an additional 548 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Haverty Furniture Companies by 20.9% in the fourth quarter. Wells Fargo & Company MN now owns 11,558 shares of the company's stock worth $257,000 after buying an additional 1,997 shares in the last quarter. Hedge funds and other institutional investors own 80.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on HVT shares. Sidoti raised Haverty Furniture Companies to a "hold" rating in a research report on Tuesday, April 29th. StockNews.com raised Haverty Furniture Companies from a "hold" rating to a "buy" rating in a research report on Thursday.

Haverty Furniture Companies Stock Down 0.8 %

NYSE HVT traded down $0.16 during trading hours on Friday, reaching $19.22. The company's stock had a trading volume of 128,015 shares, compared to its average volume of 196,351. The company has a market capitalization of $311.25 million, a price-to-earnings ratio of 12.09, a PEG ratio of 1.15 and a beta of 1.41. The firm's 50-day moving average price is $19.52 and its 200-day moving average price is $21.52. Haverty Furniture Companies, Inc. has a 1 year low of $17.01 and a 1 year high of $30.13.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, topping the consensus estimate 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%. Equities research analysts anticipate that Haverty Furniture Companies, Inc. will post 0.88 EPS for the current fiscal year.

Haverty Furniture Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, March 6th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.66%. Haverty Furniture Companies's dividend payout ratio is 101.59%.

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.