42,979 Shares in Haverty Furniture Companies, Inc. (NYSE:HVT) Bought by Vest Financial LLC

Vest Financial LLC acquired a new stake in Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 42,979 shares of the company's stock, valued at approximately $1,087,000. Vest Financial LLC owned about 0.26% of Haverty Furniture Companies as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HVT. Denali Advisors LLC boosted its position in Haverty Furniture Companies by 61.1% during the first quarter. Denali Advisors LLC now owns 56,400 shares of the company's stock valued at $1,924,000 after purchasing an additional 21,400 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Haverty Furniture Companies by 179.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 9,506 shares of the company's stock valued at $324,000 after buying an additional 6,101 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Haverty Furniture Companies by 82.2% in the 1st quarter. BNP Paribas Financial Markets now owns 20,694 shares of the company's stock valued at $706,000 after acquiring an additional 9,335 shares during the period. Charles Schwab Investment Management Inc. increased its position in Haverty Furniture Companies by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 308,565 shares of the company's stock worth $10,954,000 after buying an additional 9,064 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its stake in shares of Haverty Furniture Companies by 66.8% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 14,604 shares of the company's stock worth $518,000 after acquiring an additional 5,847 shares during the period. Institutional investors own 80.57% of the company's stock.

Haverty Furniture Companies Price Performance

Haverty Furniture Companies stock traded up $1.14 during trading hours on Friday, hitting $27.05. The company had a trading volume of 268,925 shares, compared to its average volume of 143,317. The firm has a 50-day moving average of $26.98 and a 200 day moving average of $28.79. The firm has a market cap of $443.89 million, a PE ratio of 9.83, a PEG ratio of 1.41 and a beta of 1.45. Haverty Furniture Companies, Inc. has a one year low of $23.09 and a one year high of $37.05.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.18 by $0.09. The company had revenue of $178.60 million for the quarter, compared to the consensus estimate of $182.37 million. Haverty Furniture Companies had a return on equity of 12.58% and a net margin of 4.91%. As a group, research analysts expect that Haverty Furniture Companies, Inc. will post 1.51 earnings per share for the current year.

Haverty Furniture Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, August 26th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date was Monday, August 26th. Haverty Furniture Companies's dividend payout ratio is 46.55%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Haverty Furniture Companies from a "hold" rating to a "buy" rating in a research report on Thursday, August 22nd.

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.