Haverty Furniture Companies (NYSE:HVT).
Pinnacle Holdings, LLC reports that it raised its stake in Haverty Furniture Companies shares by 3,215 shares as reported in a filing on 11/16/2017. Its stake was valued at $1,086,663,000 an increase of $124,329,000 as of the end of the quarter.
Pinnacle Holdings, LLC isn’t the only one who has changed their investment in HVT. As of the end of the quarter Schwab Charles Investment Management Inc had acquired 29,877 shares growing its position 27.5%. The value of the investment in HVT went from $2,723,000 to $3,619,000 a change of $896,000 quarter over quarter. Nwq Investment Management Company, LLC reduced its holdings by selling 41,290 shares a decrease of 4.1%. Nwq Investment Management Company, LLC owns 969,650 shares with a value of $25,356,000. The total value of its holdings decreased 0.1%.
As of quarter end Renaissance Technologies LLC had sold a total of 1,600 shares trimming its holdings by 0.1%. The value of the investment in Haverty Furniture Companies increased from $36,076,000 to $37,544,000 increasing 4.1% for the reporting period.
The company is trading up since yesterday’s close of 23.4. Haverty Furniture Companies currently has a P/E ratio of 18.61 and the market value is 515.94M. In the last earnings report the EPS was $1.31 with 19.42M shares currently outstanding.
Investors are a little more bullish on shares of Haverty Furniture Companies lately if you put credence in the change in short interest. The firm experienced a fall in short interest of -4.42% between October 13, 2017 and October 31, 2017. Short shares fell from 827,923 to 791,367 over that timeframe. Days to cover increased 2.0 to 10.0 and the percentage of shorted shares is 0.04% as of October 31.