Haverty Furniture Companies, Inc. (NYSE:HVT – Get Rating) Director Mylle H. Mangum sold 5,158 shares of the stock in a transaction on Friday, May 19th. The shares were sold at an average price of $26.28, for a total value of $135,552.24. Following the sale, the director now directly owns 3,519 shares in the company, valued at approximately $92,479.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Haverty Furniture Companies Price Performance
NYSE HVT opened at $26.34 on Monday. Haverty Furniture Companies, Inc. has a 1-year low of $22.77 and a 1-year high of $38.85. The business’s 50-day simple moving average is $29.90 and its 200-day simple moving average is $31.89. The firm has a market capitalization of $425.39 million, a P/E ratio of 5.42 and a beta of 1.37.
Haverty Furniture Companies (NYSE:HVT – Get Rating) last released its quarterly earnings results on Tuesday, February 21st. The company reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.03). The firm had revenue of $280.56 million for the quarter, compared to analysts’ expectations of $272.60 million. Haverty Furniture Companies had a return on equity of 29.00% and a net margin of 7.97%. On average, equities research analysts expect that Haverty Furniture Companies, Inc. will post 3.9 EPS for the current fiscal year.
Haverty Furniture Companies Dividend Announcement
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Haverty Furniture Companies in a report on Thursday. They set a “buy” rating for the company.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of HVT. Quarry LP raised its stake in Haverty Furniture Companies by 108.4% during the 1st quarter. Quarry LP now owns 794 shares of the company’s stock valued at $25,000 after acquiring an additional 413 shares in the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Haverty Furniture Companies by 75.2% during the fourth quarter. Advisor Group Holdings Inc. now owns 1,142 shares of the company’s stock valued at $34,000 after purchasing an additional 490 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Haverty Furniture Companies in the fourth quarter worth about $52,000. Mutual of America Capital Management LLC grew its position in Haverty Furniture Companies by 14.4% in the 3rd quarter. Mutual of America Capital Management LLC now owns 2,666 shares of the company’s stock valued at $66,000 after buying an additional 335 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Haverty Furniture Companies by 84.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,539 shares of the company’s stock valued at $76,000 after buying an additional 1,159 shares during the period. Institutional investors own 87.17% of the company’s stock.
Haverty Furniture Companies Company Profile
Haverty Furniture Cos., Inc engages in the retail of residential furniture and accessories. The company was founded by James Joseph Haverty in 1885 and is headquartered in Atlanta, GA.
- Get a free copy of the StockNews.com research report on Haverty Furniture Companies (HVT)
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