Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. trimmed its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 24.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,179 shares of the company's stock after selling 14,555 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.28% of Haverty Furniture Companies worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Pzena Investment Management LLC acquired a new stake in shares of Haverty Furniture Companies in the third quarter valued at approximately $19,768,000. Hotchkis & Wiley Capital Management LLC raised its stake in Haverty Furniture Companies by 27.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 425,940 shares of the company's stock valued at $11,701,000 after acquiring an additional 92,600 shares in the last quarter. Jane Street Group LLC boosted its position in Haverty Furniture Companies by 1,258.1% during the 3rd quarter. Jane Street Group LLC now owns 363,894 shares of the company's stock worth $9,996,000 after acquiring an additional 337,099 shares during the period. Millennium Management LLC acquired a new position in Haverty Furniture Companies during the 2nd quarter worth $3,161,000. Finally, American Century Companies Inc. grew its stake in shares of Haverty Furniture Companies by 19.0% in the second quarter. American Century Companies Inc. now owns 320,672 shares of the company's stock worth $8,110,000 after purchasing an additional 51,302 shares in the last quarter. Institutional investors own 80.57% of the company's stock.

Haverty Furniture Companies Price Performance

Shares of Haverty Furniture Companies stock traded down $0.12 on Monday, hitting $22.32. The company had a trading volume of 69,295 shares, compared to its average volume of 112,901. Haverty Furniture Companies, Inc. has a 52 week low of $21.05 and a 52 week high of $37.05. The company has a market cap of $366.32 million, a PE ratio of 14.04, a PEG ratio of 0.96 and a beta of 1.48. The business has a 50-day simple moving average of $22.65 and a 200-day simple moving average of $24.97.

Haverty Furniture Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, November 26th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 5.73%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies's dividend payout ratio (DPR) is presently 80.50%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Haverty Furniture Companies from a "buy" rating to a "hold" rating in a report on Friday, October 25th.

About Haverty Furniture Companies

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.