Posted by admin on Aug 11th, 2022
IndexIQ Advisors LLC boosted its holdings in shares of Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating) by 17.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,178 shares of the company’s stock after purchasing an additional 2,112 shares during the period. IndexIQ Advisors LLC owned about 0.08% of Haverty Furniture Companies worth $389,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royce & Associates LP raised its stake in shares of Haverty Furniture Companies by 46.7% in the fourth quarter. Royce & Associates LP now owns 429,979 shares of the company’s stock valued at $13,144,000 after acquiring an additional 136,783 shares during the last quarter. Victory Capital Management Inc. raised its position in Haverty Furniture Companies by 13.7% in the 4th quarter. Victory Capital Management Inc. now owns 149,853 shares of the company’s stock worth $4,581,000 after purchasing an additional 18,105 shares during the last quarter. Rhumbline Advisers raised its position in Haverty Furniture Companies by 0.6% in the 4th quarter. Rhumbline Advisers now owns 100,038 shares of the company’s stock worth $3,058,000 after purchasing an additional 573 shares during the last quarter. Euclidean Technologies Management LLC raised its position in Haverty Furniture Companies by 5.4% in the 1st quarter. Euclidean Technologies Management LLC now owns 72,174 shares of the company’s stock worth $1,979,000 after purchasing an additional 3,674 shares during the last quarter. Finally, Squarepoint Ops LLC raised its position in Haverty Furniture Companies by 71.0% in the 4th quarter. Squarepoint Ops LLC now owns 64,326 shares of the company’s stock worth $1,966,000 after purchasing an additional 26,715 shares during the last quarter. Institutional investors own 89.26% of the company’s stock.
HVT opened at $29.42 on Thursday. The company has a fifty day moving average price of $26.05 and a two-hundred day moving average price of $27.29. Haverty Furniture Companies, Inc. has a 52 week low of $22.77 and a 52 week high of $38.92. The firm has a market capitalization of $499.11 million, a PE ratio of 5.84 and a beta of 1.42.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 7th. Shareholders of record on Monday, August 22nd will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Friday, August 19th. Haverty Furniture Companies’s dividend payout ratio is presently 22.22%.
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 Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name.
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