Tudor Investment Corp ET AL lowered its position in Haverty Furniture Companies, Inc. (NYSE:HVT) by 2.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,200 shares of the company’s stock after selling 346 shares during the quarter. Tudor Investment Corp ET AL owned about 0.09% of Haverty Furniture Companies worth $432,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in HVT. AJO LP bought a new position in shares of Haverty Furniture Companies in the second quarter worth $3,482,000. James Investment Research Inc. bought a new position in shares of Haverty Furniture Companies in the second quarter worth $1,512,000. Systematic Financial Management LP bought a new position in shares of Haverty Furniture Companies in the second quarter worth $1,314,000. Acadian Asset Management LLC increased its holdings in shares of Haverty Furniture Companies by 142.0% in the second quarter. Acadian Asset Management LLC now owns 82,675 shares of the company’s stock worth $2,074,000 after purchasing an additional 48,514 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of Haverty Furniture Companies by 2.6% in the second quarter. Renaissance Technologies LLC now owns 1,437,300 shares of the company’s stock worth $36,076,000 after purchasing an additional 36,200 shares during the period. 79.06% of the stock is currently owned by hedge funds and other institutional investors.
In other Haverty Furniture Companies news, insider Rawson Haverty, Jr. sold 1,391 shares of Haverty Furniture Companies stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $23.83, for a total value of $33,147.53. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 10.31% of the company’s stock.
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Haverty Furniture Companies, Inc. (NYSE HVT) opened at 23.85 on Thursday. Haverty Furniture Companies, Inc. has a 12 month low of $17.25 and a 12 month high of $27.23. The stock has a market capitalization of $506.05 million, a price-to-earnings ratio of 16.83 and a beta of 1.07. The company has a 50-day moving average of $24.75 and a 200 day moving average of $24.18.
Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings data on Monday, July 31st. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.10. The firm had revenue of $196.80 million for the quarter, compared to the consensus estimate of $199.03 million. Haverty Furniture Companies had a net margin of 3.67% and a return on equity of 10.58%. The company’s revenue was up 1.0% on a year-over-year basis. During the same period last year, the firm earned $0.24 EPS. On average, equities research analysts anticipate that Haverty Furniture Companies, Inc. will post $1.19 earnings per share for the current fiscal year.
Separately, Zacks Investment Research cut shares of Haverty Furniture Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday.
Haverty Furniture Companies Profile
Haverty Furniture Companies, Inc is a retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website, havertys.com. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions. As of December 31, 2016, the Company’s retail store space totaled approximately 4.5 million square feet for 124 stores.
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