DRW Securities LLC Acquires Shares of 10,760 Haverty Furniture Companies, Inc. (NYSE:HVT)

DRW Securities LLC bought a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,760 shares of the company’s stock, valued at approximately $296,000. DRW Securities LLC owned 0.07% of Haverty Furniture Companies as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wulff Hansen & CO. grew its position in shares of Haverty Furniture Companies by 2,503.4% in the second quarter. Wulff Hansen & CO. now owns 573,122 shares of the company’s stock valued at $14,494,000 after purchasing an additional 551,108 shares during the last quarter. Vest Financial LLC acquired a new position in Haverty Furniture Companies in the 2nd quarter valued at $1,087,000. Pzena Investment Management LLC bought a new position in Haverty Furniture Companies during the 3rd quarter worth $19,768,000. American Century Companies Inc. boosted its position 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 valued at $8,110,000 after acquiring an additional 51,302 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Haverty Furniture Companies by 1.6% in the first quarter. Vanguard Group Inc. now owns 1,105,487 shares of the company’s stock valued at $37,719,000 after acquiring an additional 17,354 shares in the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Wall Street Analyst Weigh In

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

Haverty Furniture Companies Price Performance

Shares of NYSE:HVT opened at $24.08 on Thursday. The company has a market capitalization of $395.15 million, a P/E ratio of 15.14, a P/E/G ratio of 2.21 and a beta of 1.48. The business’s 50 day simple moving average is $24.73 and its 200 day simple moving average is $26.15. Haverty Furniture Companies, Inc. has a 1 year low of $21.61 and a 1 year high of $37.05.

Haverty Furniture Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 26th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Tuesday, November 26th. Haverty Furniture Companies’s payout ratio is currently 80.50%.

Haverty Furniture Companies Company 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.