The HighTower Advisors LLC Continues to Hold Position in Haverty Furniture Companies, Inc. (HVT), Report finds

The HighTower Advisors LLC Continues to Hold Position in Haverty Furniture Companies, Inc. (HVT), Report finds

A number of other hedge funds have also bought and sold shares of HVT. Rothschild Asset Management Inc. increased its stake in Haverty Furniture Companies by 0.3% in the third quarter. Rothschild Asset Management Inc. now owns 73,799 shares of the company’s stock valued at $1,479,000 after buying an additional 203 shares in the last quarter. Prudential Financial Inc. increased its stake in Haverty Furniture Companies by 0.7% in the third quarter. Prudential Financial Inc. now owns 48,597 shares of the company’s stock valued at $974,000 after buying an additional 360 shares in the last quarter. Foundry Partners LLC increased its stake in Haverty Furniture Companies by 1.2% in the third quarter. Foundry Partners LLC now owns 169,875 shares of the company’s stock valued at $3,404,000 after buying an additional 2,060 shares in the last quarter. BlackRock Advisors LLC increased its stake in Haverty Furniture Companies by 4.3% in the third quarter. BlackRock Advisors LLC now owns 61,826 shares of the company’s stock valued at $1,239,000 after buying an additional 2,526 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Haverty Furniture Companies by 26.3% in the third quarter. BlackRock Inc. now owns 12,580 shares of the company’s stock valued at $252,000 after buying an additional 2,619 shares in the last quarter. 78.06% of the stock is owned by institutional investors.

HighTower Advisors LLC maintained its stake in Haverty Furniture Companies, Inc. (NYSE:HVT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,879 shares of the company’s stock at the end of the third quarter. HighTower Advisors LLC owned approximately 0.13% of Haverty Furniture Companies worth $559,000 at the end of the most recent reporting period.

Haverty Furniture Companies, Inc. (NYSE:HVT) traded up 2.95% during mid-day trading on Thursday, hitting $22.70. 60,981 shares of the company traded hands. The stock has a market capitalization of $479.06 million, a price-to-earnings ratio of 18.84 and a beta of 0.81. The company’s 50-day moving average is $22.85 and its 200-day moving average is $20.90. Haverty Furniture Companies, Inc. has a one year low of $16.57 and a one year high of $24.55.

Several analysts have commented on the stock. Zacks Investment Research raised shares of Haverty Furniture Companies from a “sell” rating to a “hold” rating in a research report on Friday, December 9th. Sidoti assumed coverage on shares of Haverty Furniture Companies in a research report on Friday, February 3rd. They issued a “neutral” rating for the company. Finally, TheStreet raised shares of Haverty Furniture Companies from a “hold” rating to a “buy” rating in a research report on Friday, November 25th.

In other Haverty Furniture Companies news, VP Janet E. Taylor sold 2,270 shares of the firm’s stock in a transaction that occurred on Tuesday, November 29th. The shares were sold at an average price of $22.02, for a total transaction of $49,985.40. Following the sale, the vice president now directly owns 24,884 shares in the company, valued at approximately $547,945.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rawson Haverty, Jr. sold 38,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 20th. The stock was sold at an average price of $24.00, for a total transaction of $912,000.00. Following the sale, the insider now owns 82,331 shares in the company, valued at $1,975,944. The disclosure for this sale can be found here. Insiders have sold a total of 78,270 shares of company stock worth $1,874,105 in the last three months. 10.51% of the stock is owned by insiders.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website havertys.com. The Company has over 120 stores in approximately 20 states in the southern and Midwest regions with over 4.4 million square feet retail store space.

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