Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Bought by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC lifted its position in Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 27.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 425,940 shares of the company's stock after acquiring an additional 92,600 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 2.60% of Haverty Furniture Companies worth $11,701,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Haverty Furniture Companies by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 1,105,487 shares of the company's stock worth $37,719,000 after buying an additional 17,354 shares during the last quarter. Pzena Investment Management LLC acquired a new stake in Haverty Furniture Companies during the 3rd quarter valued at approximately $19,768,000. Wulff Hansen & CO. lifted its stake in Haverty Furniture Companies by 2,503.4% during the 2nd quarter. Wulff Hansen & CO. now owns 573,122 shares of the company's stock valued at $14,494,000 after acquiring an additional 551,108 shares during the period. American Century Companies Inc. lifted its stake in shares of Haverty Furniture Companies by 19.0% in the 2nd quarter. American Century Companies Inc. now owns 320,672 shares of the company's stock valued at $8,110,000 after purchasing an additional 51,302 shares during the period. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Haverty Furniture Companies by 28.3% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 145,895 shares of the company's stock valued at $3,690,000 after purchasing an additional 32,175 shares during the period. Institutional investors own 80.57% of the company's stock.

Wall Street Analyst Weigh In

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 Trading Down 0.2 %

NYSE:HVT traded down $0.05 during mid-day trading on Wednesday, hitting $23.26. The stock had a trading volume of 157,608 shares, compared to its average volume of 183,626. The company has a market capitalization of $381.70 million, a PE ratio of 14.63, a PEG ratio of 2.14 and a beta of 1.47. Haverty Furniture Companies, Inc. has a twelve month low of $21.61 and a twelve month high of $37.05. The stock has a 50-day simple moving average of $24.31 and a two-hundred day simple moving average of $25.93.

Haverty Furniture Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date of this dividend is Tuesday, November 26th. Haverty Furniture Companies's dividend payout ratio (DPR) is currently 80.50%.

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.