Haverty Furniture Companies, Inc. (NYSE:HVT) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) by 2.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 951,427 shares of the company's stock after selling 19,078 shares during the period. Vanguard Group Inc. owned 5.80% of Haverty Furniture Companies worth $21,179,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Capital Advisors Inc. increased its stake in Haverty Furniture Companies by 8.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock worth $152,000 after acquiring an additional 548 shares during the last quarter. US Bancorp DE increased its position in Haverty Furniture Companies by 30.9% during the 4th quarter. US Bancorp DE now owns 5,184 shares of the company's stock worth $115,000 after purchasing an additional 1,224 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in Haverty Furniture Companies by 22.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,349 shares of the company's stock valued at $297,000 after buying an additional 2,426 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Haverty Furniture Companies during the fourth quarter worth approximately $56,000. Finally, Inspire Investing LLC increased 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 valued at $400,000 after purchasing an additional 2,839 shares in the last quarter. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Haverty Furniture Companies Trading Up 3.0 %

NYSE:HVT traded up $0.52 on Friday, reaching $17.71. The stock had a trading volume of 107,000 shares, compared to its average volume of 194,313. The company has a 50-day moving average of $20.61 and a 200 day moving average of $22.33. The stock has a market cap of $286.71 million, a P/E ratio of 11.14, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. Haverty Furniture Companies, Inc. has a 12-month low of $17.01 and a 12-month high of $33.04.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.30. The firm had revenue of $184.35 million during the quarter, compared to analyst estimates of $179.84 million. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. On average, equities analysts predict that Haverty Furniture Companies, Inc. will post 0.88 EPS for the current year.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were paid a dividend of $0.32 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a yield of 7.23%. Haverty Furniture Companies's dividend payout ratio (DPR) is 109.40%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Haverty Furniture Companies from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th.

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.