Petrus Trust Company LTA Acquires Shares of 24,599 Haverty Furniture Companies, Inc. (NYSE:HVT)

Petrus Trust Company LTA acquired a new stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 24,599 shares of the company’s stock, valued at approximately $676,000.

A number of other hedge funds have also recently bought and sold shares of the business. Point72 DIFC Ltd acquired a new position in shares of Haverty Furniture Companies in the 3rd quarter worth approximately $70,000. US Bancorp DE acquired a new position in shares of Haverty Furniture Companies in the 3rd quarter worth approximately $109,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Haverty Furniture Companies by 22.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock worth $140,000 after acquiring an additional 1,034 shares in the last quarter. Quest Partners LLC acquired a new position in shares of Haverty Furniture Companies in the 3rd quarter worth approximately $185,000. Finally, Harbor Capital Advisors Inc. grew its position in shares of Haverty Furniture Companies by 79.9% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 7,772 shares of the company’s stock worth $197,000 after acquiring an additional 3,451 shares in the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Analyst Ratings Changes

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

Haverty Furniture Companies Price Performance

NYSE:HVT opened at $23.26 on Thursday. Haverty Furniture Companies, Inc. has a 12-month low of $21.61 and a 12-month high of $37.05. The firm has a market capitalization of $381.70 million, a P/E ratio of 14.63, a P/E/G ratio of 2.14 and a beta of 1.47. The business has a 50 day simple moving average of $24.31 and a 200 day simple moving average of $25.93.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 26th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.28 dividend on an annualized basis and a yield of 5.50%. Haverty Furniture Companies’s dividend 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.