Haverty Furniture Companies, Inc. (NYSE:HVT) VP J Edward Clary sold 2,486 shares of the business’s stock in a transaction dated Friday, April 30th. The stock was sold at an average price of $48.00, for a total value of $119,328.00. Following the completion of the sale, the vice president now directly owns 42,160 shares of the company’s stock, valued at approximately $2,023,680. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
J Edward Clary also recently made the following trade(s):
- On Monday, May 3rd, J Edward Clary sold 16,514 shares of Haverty Furniture Companies stock. The stock was sold at an average price of $48.00, for a total value of $792,672.00.
NYSE:HVT opened at $47.91 on Tuesday. The stock’s fifty day moving average price is $39.56 and its two-hundred day moving average price is $32.54. Haverty Furniture Companies, Inc. has a 52-week low of $12.01 and a 52-week high of $48.91. The company has a market cap of $872.54 million, a price-to-earnings ratio of 22.92 and a beta of 1.66.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 25th. Stockholders of record on Friday, March 12th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, March 11th. Haverty Furniture Companies’s dividend payout ratio (DPR) is currently 75.21%.
Separately, Zacks Investment Research cut Haverty Furniture Companies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 20th.
Hedge funds have recently bought and sold shares of the company. Thompson Siegel & Walmsley LLC acquired a new position in shares of Haverty Furniture Companies in the 4th quarter valued at $26,000. Dorsey Wright & Associates lifted its stake in shares of Haverty Furniture Companies by 134.5% in the 1st quarter. Dorsey Wright & Associates now owns 1,182 shares of the company’s stock valued at $44,000 after purchasing an additional 678 shares during the period. Vantage Consulting Group Inc acquired a new position in shares of Haverty Furniture Companies in the 4th quarter valued at $70,000. Citigroup Inc. lifted its stake in shares of Haverty Furniture Companies by 256.6% in the 4th quarter. Citigroup Inc. now owns 4,212 shares of the company’s stock valued at $117,000 after purchasing an additional 3,031 shares during the period. Finally, IFP Advisors Inc raised its stake in Haverty Furniture Companies by 606.4% during the 1st quarter. IFP Advisors Inc now owns 4,832 shares of the company’s stock worth $180,000 after buying an additional 4,148 shares during the period. 81.86% of the stock is currently owned by institutional investors.
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 Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.
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