Haverty Furniture Cos. (NYSE:HVT)’s share price traded down 2.9% on Friday . The company traded as low as $18.18 and last traded at $18.21, with a volume of 273,649 shares. The stock had previously closed at $18.76.

A number of equities analysts recently weighed in on the company. Zacks Investment Research cut Haverty Furniture Cos. from a “hold” rating to a “sell” rating in a report on Wednesday, July 6th. TheStreet cut Haverty Furniture Cos. from a “buy” rating to a “hold” rating in a report on Thursday, April 21st.

The firm has a market capitalization of $404.35 million and a P/E ratio of 15.73. The firm has a 50-day moving average price of $18.25 and a 200-day moving average price of $19.06.

Haverty Furniture Cos. (NYSE:HVT) last issued its quarterly earnings data on Monday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. The business earned $194.50 million during the quarter, compared to the consensus estimate of $196.30 million. The business’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 earnings per share. Equities analysts forecast that Haverty Furniture Cos. will post $1.22 earnings per share for the current fiscal year.

In other Haverty Furniture Cos. news, EVP Steven G. Burdette sold 4,900 shares of the firm’s stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $18.06, for a total transaction of $88,494.00. Following the transaction, the executive vice president now owns 1,493 shares of the company’s stock, valued at $26,963.58. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Other institutional investors have recently modified their holdings of the company. Royce & Associates LLC raised its position in shares of Haverty Furniture Cos. by 8.4% in the fourth quarter. Royce & Associates LLC now owns 1,613,100 shares of the company’s stock valued at $34,585,000 after buying an additional 124,752 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of Haverty Furniture Cos. by 49.1% in the fourth quarter. GSA Capital Partners LLP now owns 57,393 shares of the company’s stock valued at $1,231,000 after buying an additional 18,900 shares during the last quarter. New York State Common Retirement Fund raised its position in shares of Haverty Furniture Cos. by 2.3% in the fourth quarter. New York State Common Retirement Fund now owns 58,900 shares of the company’s stock valued at $1,263,000 after buying an additional 1,300 shares during the last quarter. LSV Asset Management raised its position in shares of Haverty Furniture Cos. by 19.5% in the fourth quarter. LSV Asset Management now owns 360,847 shares of the company’s stock valued at $7,736,000 after buying an additional 59,000 shares during the last quarter. Finally, Sei Investments Co. raised its position in shares of Haverty Furniture Cos. by 44.7% in the fourth quarter. Sei Investments Co. now owns 85,295 shares of the company’s stock valued at $1,829,000 after buying an additional 26,349 shares during the last quarter.

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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