Y Intercept Hong Kong Ltd Buys New Shares in Haverty Furniture Companies, Inc. (NYSE:HVT)

Y Intercept Hong Kong Ltd purchased a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,916 shares of the company's stock, valued at approximately $377,000. Y Intercept Hong Kong Ltd owned about 0.10% of Haverty Furniture Companies at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harbor Capital Advisors Inc. increased 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 buying an additional 548 shares in the last quarter. Exchange Traded Concepts LLC grew its position in shares of Haverty Furniture Companies by 22.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 13,349 shares of the company's stock valued at $297,000 after acquiring an additional 2,426 shares during the period. Point72 DIFC Ltd purchased a new position in shares of Haverty Furniture Companies in the 3rd quarter valued at about $70,000. Inspire Investing LLC raised its holdings in 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 during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in Haverty Furniture Companies in the 3rd quarter worth about $88,000. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Haverty Furniture Companies Price Performance

HVT remained flat at $21.97 during trading on Friday. The company's stock had a trading volume of 51,687 shares, compared to its average volume of 181,029. Haverty Furniture Companies, Inc. has a one year low of $21.04 and a one year high of $34.29. The business's fifty day moving average price is $22.16 and its two-hundred day moving average price is $23.87. The company has a market cap of $360.48 million, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48.

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Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its earnings results on Monday, February 24th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.30. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. The company had revenue of $184.35 million during the quarter, compared to analysts' expectations of $179.84 million. Equities research analysts forecast that Haverty Furniture Companies, Inc. will post 0.88 earnings per share for the current year.

Haverty Furniture Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend is Thursday, March 6th. Haverty Furniture Companies's dividend payout ratio (DPR) is currently 109.40%.

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.