144,000 Shares in Haverty Furniture Companies, Inc. (NYSE:HVT) Bought by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new stake in shares of Haverty Furniture Companies, Inc. (NYSE:HVT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 144,000 shares of the company’s stock, valued at approximately $3,956,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE acquired a new position in shares of Haverty Furniture Companies during the 3rd quarter worth $109,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Haverty Furniture Companies by 22.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,545 shares of the company’s stock worth $140,000 after purchasing an additional 1,034 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Haverty Furniture Companies by 79.9% in the second quarter. Harbor Capital Advisors Inc. now owns 7,772 shares of the company’s stock worth $197,000 after purchasing an additional 3,451 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Haverty Furniture Companies during the first quarter worth $206,000. Finally, EMC Capital Management raised its holdings in Haverty Furniture Companies by 10.3% during the first quarter. EMC Capital Management now owns 8,064 shares of the company’s stock valued at $275,000 after buying an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 80.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research note on Friday, October 25th.

Haverty Furniture Companies Price Performance

HVT stock opened at $22.94 on Friday. The stock has a market capitalization of $376.45 million, a price-to-earnings ratio of 14.43, a price-to-earnings-growth ratio of 2.09 and a beta of 1.48. The company has a 50-day moving average of $25.44 and a two-hundred day moving average of $26.80. Haverty Furniture Companies, Inc. has a 52-week low of $21.61 and a 52-week high of $37.05.

Haverty Furniture Companies Company Profile

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.