Jane Street Group LLC grew its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 1,258.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 363,894 shares of the company's stock after acquiring an additional 337,099 shares during the period. Jane Street Group LLC owned about 2.22% of Haverty Furniture Companies worth $9,996,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of HVT. Point72 DIFC Ltd purchased a new stake in Haverty Furniture Companies during the 3rd quarter worth approximately $70,000. US Bancorp DE bought a new position in shares of Haverty Furniture Companies during the third quarter worth about $109,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Haverty Furniture Companies by 22.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company's stock valued at $140,000 after acquiring an additional 1,034 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of Haverty Furniture Companies during the third quarter worth $185,000. Finally, Centiva Capital LP bought a new position in shares of Haverty Furniture Companies in the 3rd quarter worth about $294,000. 80.57% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Haverty Furniture Companies from a "buy" rating to a "hold" rating in a report on Friday, October 25th.
View Our Latest Stock Analysis on Haverty Furniture Companies
Haverty Furniture Companies Stock Down 1.9 %
HVT stock traded down $0.43 during mid-day trading on Friday, reaching $22.75. The company had a trading volume of 65,920 shares, compared to its average volume of 181,794. Haverty Furniture Companies, Inc. has a one year low of $21.61 and a one year high of $37.05. The stock has a market capitalization of $373.33 million, a P/E ratio of 14.57, a P/E/G ratio of 2.10 and a beta of 1.47. The stock's 50-day simple moving average is $23.91 and its two-hundred day simple moving average is $25.75.
Haverty Furniture Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies's payout ratio is 80.50%.
Haverty Furniture Companies Profile
(
Free Report)
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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