Oregon Public Employees Retirement Fund trimmed its stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating) by 20.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,530 shares of the company's stock after selling 1,200 shares during the period. Oregon Public Employees Retirement Fund's holdings in Haverty Furniture Companies were worth $105,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Captrust Financial Advisors lifted its holdings in Haverty Furniture Companies by 74.8% in the first quarter. Captrust Financial Advisors now owns 3,500 shares of the company's stock valued at $96,000 after buying an additional 1,498 shares during the period. MetLife Investment Management LLC lifted its holdings in Haverty Furniture Companies by 49.6% in the first quarter. MetLife Investment Management LLC now owns 9,579 shares of the company's stock valued at $263,000 after buying an additional 3,176 shares during the period. Quantbot Technologies LP acquired a new position in Haverty Furniture Companies in the first quarter valued at approximately $265,000. State of Tennessee Treasury Department lifted its holdings in Haverty Furniture Companies by 10.5% in the first quarter. State of Tennessee Treasury Department now owns 10,091 shares of the company's stock valued at $277,000 after buying an additional 961 shares during the period. Finally, Belpointe Asset Management LLC acquired a new position in Haverty Furniture Companies in the first quarter valued at approximately $300,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Haverty Furniture Companies in a report on Wednesday, October 12th. They issued a "buy" rating on the stock.

Insiders Place Their Bets

Haverty Furniture Companies Stock Performance

HVT opened at $25.49 on Monday. The firm's fifty day moving average is $27.00 and its two-hundred day moving average is $26.73. The firm has a market cap of $432.44 million, a PE ratio of 5.09 and a beta of 1.36. Haverty Furniture Companies, Inc. has a twelve month low of $22.77 and a twelve month high of $35.92.

Haverty Furniture Companies (NYSE:HVT – Get Rating) last posted its earnings results on Tuesday, August 2nd. The company reported $1.27 earnings per share for the quarter. The company had revenue of $253.22 million for the quarter. Haverty Furniture Companies had a net margin of 8.80% and a return on equity of 33.35%.

Haverty Furniture Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Monday, August 22nd were issued a $0.28 dividend. The ex-dividend date of this dividend was Friday, August 19th. This represents a $1.12 annualized dividend and a yield of 4.39%. Haverty Furniture Companies's dividend payout ratio (DPR) is presently 22.22%.

Haverty Furniture Companies Profile

(Get Rating)

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.

Featured Stories

• Get a free copy of the StockNews.com research report on Haverty Furniture Companies (HVT)
• Time to Hit Up Hasbro Stock for the Holiday Season
• Should Proctor and Gamble be a Staple in Your Portfolio?
• 3 Fundamentally Sound Mid-Caps to Keep on the Watch List
• Leveraged ETFs, A Bad Investment But Great for Trading
• Should Investors Raise a Glass to Boston Beer Company?

Want to see what other hedge funds are holding HVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating).

Receive News & Ratings for Haverty Furniture Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haverty Furniture Companies and related companies with MarketBeat.com's FREE daily email newsletter.