Haverty Furniture Cos. (NYSE:HVT) fell 2.9% during trading on Friday . The stock traded as low as $18.18 and last traded at $18.21, with a volume of 273,649 shares changing hands. The stock had previously closed at $18.76.

HVT has been the subject of several recent analyst reports. Zacks Investment Research cut Haverty Furniture Cos. from a “hold” rating to a “sell” rating in a research note on Wednesday, July 6th. TheStreet cut Haverty Furniture Cos. from a “buy” rating to a “hold” rating in a research note on Thursday, April 21st.

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

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

In other news, EVP Steven G. Burdette sold 4,900 shares of the business’s stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $18.06, for a total transaction of $88,494.00. Following the sale, the executive vice president now owns 1,493 shares of the company’s stock, valued at approximately $26,963.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

A number of large investors recently bought and sold shares of HVT. Royce & Associates LLC raised its stake in Haverty Furniture Cos. by 8.4% in the fourth quarter. Royce & Associates LLC now owns 1,613,100 shares of the company’s stock worth $34,585,000 after buying an additional 124,752 shares during the last quarter. GSA Capital Partners LLP raised its stake in Haverty Furniture Cos. by 49.1% in the fourth quarter. GSA Capital Partners LLP now owns 57,393 shares of the company’s stock worth $1,231,000 after buying an additional 18,900 shares during the last quarter. New York State Common Retirement Fund raised its stake in 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 worth $1,263,000 after buying an additional 1,300 shares during the last quarter. Finally, Sei Investments Co. raised its stake in Haverty Furniture Cos. by 44.7% in the fourth quarter. Sei Investments Co. now owns 85,295 shares of the company’s stock worth $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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