Quadrature Capital Ltd Makes New Investment in Haverty Furniture Companies, Inc. (NYSE:HVT)

Quadrature Capital Ltd bought a new stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 11,716 shares of the company’s stock, valued at approximately $322,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Haverty Furniture Companies by 22.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock worth $140,000 after buying an additional 1,034 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of Haverty Furniture Companies by 1.3% in the 2nd quarter. Acadian Asset Management LLC now owns 31,855 shares of the company’s stock worth $804,000 after acquiring an additional 395 shares during the period. Koss Olinger Consulting LLC bought a new stake in Haverty Furniture Companies in the 2nd quarter valued at about $360,000. Texas Permanent School Fund Corp boosted its stake in Haverty Furniture Companies by 6.1% during the 2nd quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock valued at $313,000 after purchasing an additional 714 shares during the period. Finally, American Century Companies Inc. grew its position in Haverty Furniture Companies by 19.0% in the 2nd quarter. American Century Companies Inc. now owns 320,672 shares of the company’s stock worth $8,110,000 after purchasing an additional 51,302 shares during the last quarter. 80.57% of the stock is currently owned by institutional investors and hedge funds.

Haverty Furniture Companies Stock Performance

Shares of HVT opened at $23.70 on Tuesday. Haverty Furniture Companies, Inc. has a one year low of $21.61 and a one year high of $37.05. The stock’s fifty day moving average is $24.08 and its 200-day moving average is $25.81. The firm has a market capitalization of $388.92 million, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 2.03 and a beta of 1.47.

Haverty Furniture Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, November 26th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date of this dividend is Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is currently 80.50%.

Wall Street Analyst Weigh In

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

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.