EP Wealth Advisors LLC Buys New Holdings in Haverty Furniture Companies, Inc. (NYSE:HVT)

EP Wealth Advisors LLC purchased a new position in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,659 shares of the company’s stock, valued at approximately $320,000. EP Wealth Advisors LLC owned approximately 0.07% of Haverty Furniture Companies as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Pzena Investment Management LLC acquired a new stake in shares of Haverty Furniture Companies during the 3rd quarter worth about $19,768,000. Wulff Hansen & CO. raised its holdings in Haverty Furniture Companies by 2,503.4% during the second quarter. Wulff Hansen & CO. now owns 573,122 shares of the company’s stock worth $14,494,000 after purchasing an additional 551,108 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Haverty Furniture Companies by 27.8% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 425,940 shares of the company’s stock valued at $11,701,000 after buying an additional 92,600 shares in the last quarter. Jane Street Group LLC grew its position in shares of Haverty Furniture Companies by 1,258.1% in the 3rd quarter. Jane Street Group LLC now owns 363,894 shares of the company’s stock valued at $9,996,000 after buying an additional 337,099 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Haverty Furniture Companies by 19.0% during the 2nd quarter. American Century Companies Inc. now owns 320,672 shares of the company’s stock worth $8,110,000 after acquiring an additional 51,302 shares in the last quarter. 80.57% of the stock is owned by hedge funds and other institutional investors.

Haverty Furniture Companies Trading Down 1.2 %

Shares of NYSE HVT opened at $22.91 on Friday. The stock has a market cap of $375.95 million, a P/E ratio of 14.41, a P/E/G ratio of 2.10 and a beta of 1.47. Haverty Furniture Companies, Inc. has a twelve month low of $21.61 and a twelve month high of $37.05. The stock has a 50 day moving average of $23.82 and a two-hundred day moving average of $25.71.

Haverty Furniture Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, November 26th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is currently 80.50%.

Wall Street Analyst Weigh In

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.

About Haverty Furniture Companies

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.