10,707 Shares in Haverty Furniture Companies, Inc. (NYSE:HVT) Acquired by Centiva Capital LP

Centiva Capital LP acquired a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,707 shares of the company’s stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HVT. US Bancorp DE acquired a new stake in shares of Haverty Furniture Companies in the third quarter valued at approximately $109,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Haverty Furniture Companies by 22.9% during the second 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. Quest Partners LLC acquired a new position in Haverty Furniture Companies during the third quarter worth $185,000. DRW Securities LLC bought a new position in shares of Haverty Furniture Companies in the third quarter valued at about $296,000. Finally, Texas Permanent School Fund Corp raised its position in shares of Haverty Furniture Companies by 6.1% in the second 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. Institutional investors own 80.57% of the company’s stock.

Analysts Set New Price Targets

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

Haverty Furniture Companies Stock Down 0.8 %

Shares of Haverty Furniture Companies stock opened at $23.52 on Wednesday. The company has a market capitalization of $385.96 million, a price-to-earnings ratio of 14.79, a PEG ratio of 2.03 and a beta of 1.47. Haverty Furniture Companies, Inc. has a 12-month low of $21.61 and a 12-month high of $37.05. The firm’s 50-day moving average price is $24.01 and its two-hundred day moving average price is $25.78.

Haverty Furniture Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th will be paid 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 5.44%. Haverty Furniture Companies’s payout ratio is 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.