SC 13G/A
1
hvt-13g_20221231.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
HAVERTY FURNITURE COMPANIES, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
419596101
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(CUSIP Number)
December 30, 2022
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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CUSIP NO. 419596101 13G Page 2 of 8 Pages
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(1) NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Renaissance Technologies LLC 26-0385758
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [_]
(b) [_]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
NUMBER OF SHARES 838,406
BENEFICIALLY OWNED _____________________________
BY EACH REPORTING
PERSON WITH: (6) SHARED VOTING POWER
0
_____________________________
(7) SOLE DISPOSITIVE POWER
838,406
_____________________________
(8) SHARED DISPOSITIVE POWER
0
______________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
838,406
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.64 %
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
Page 2 of 8 pages
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Page 3 of 8 pages
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CUSIP NO. 419596101 13G Page 3 of 8 Pages
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(1) NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION 13-3127734
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [_]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
NUMBER OF SHARES 838,406
BENEFICIALLY OWNED _____________________________
BY EACH REPORTING
PERSON WITH: (6) SHARED VOTING POWER
0
_____________________________
(7) SOLE DISPOSITIVE POWER
838,406
_____________________________
(8) SHARED DISPOSITIVE POWER
0
_____________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
838,406
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.64 %
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(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC
Page 3 of 8 pages
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CUSIP NO. 419596101 13G Page 4 of 8 Pages
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Item 1.
(a) Name of Issuer
HAVERTY FURNITURE COMPANIES, INC.
(b) Address of Issuer's Principal Executive Offices.
780 Johnson Ferry Road, Suite 800, Atlanta, Georgia 30342
Item 2.
(a) Name of Person Filing:
This Schedule 13G is being filed by Renaissance Technologies LLC
("RTC") and Renaissance Technologies Holdings Corporation ("RTHC").
(b) Address of Principal Business Office or, if none, Residence.
The principal business address of the reporting persons is:
800 Third Avenue
New York, New York 10022
(c) Citizenship.
RTC is a Delaware limited liability company, and
RTHC is a Delaware corporation.
(d) Title of Class of Securities.
Common Stock
(e) CUSIP Number.
419596101
Page 4 of 8 pages
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Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13-d-2(b)
or (c),check whether the person filing is a:
(a) [_] Broker or dealer registered under section 15 of the Act.
(b) [_] Bank as defined in section 3(a)(6) of the Act.
(c) [_] Insurance Company as defined in section 3(a)(19) of the Act.
(d) [_] Investment Company registered under section 8 of the Investment
Company Act.
(e) [x] Investment Adviser in accordance with Sec.240.13d-1(b)(1)(ii)(E).
(f) [_] Employee Benefit Plan or Endowment Fund in accordance with
Sec. 240.13d-1(b)(1)(ii)(F).
(g) [_] Parent holding company, in accordance with Sec.240.13d-1(b)(1)(ii)(G).
(h) [_] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act.
(i) [_] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940.
(j) [_] Group, in accordance with Sec.240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) Amount beneficially owned.
RTC: 838,406 shares
RTHC: 838,406 shares, comprising the shares beneficially owned
by RTHC, because of RTHC's majority ownership of RTC.
(b) Percent of Class.
RTC: 5.64 %
RTHC: 5.64 %
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote:
RTC: 838,406
RTHC: 838,406
(ii) Shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
RTC: 838,406
RTHC: 838,406
(iv) Shared power to dispose or to direct the disposition of:
RTC: 0
RTHC: 0
Page 5 of 8 pages
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Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities,
check the following: [_]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Certain funds and accounts managed by RTC have the right to receive
dividends and proceeds from the sale of the securities which are
the subject of this report.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of a Group.
Not applicable
Page 6 of 8 pages
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Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Date: February 13, 2023
Renaissance Technologies LLC
By: /s/ Brian Felczak
Co-Chief Financial Officer
Renaissance Technologies Holdings Corporation
By: /s/ Brian Felczak
Vice President
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).
Page 7 of 8 Pages
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EXHIBIT 99.1
AGREEMENT REGARDING JOINT FILING
UNDER RULE 13D-1(K) OF THE EXCHANGE ACT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, each of the undersigned agrees to the filing on behalf of each
of a Statement on Schedule 13G, and all amendments thereto, with respect to
the shares of Common Stock of
HAVERTY FURNITURE COMPANIES, INC.
Date: February 13, 2023
Renaissance Technologies LLC
By: /s/ Brian Felczak
Co-Chief Financial Officer
Renaissance Technologies Holdings Corporation
By: /s/ Brian Felczak
Vice President
Page 8 of 8 Pages
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To recognize the milestone, Havertys is saying a special 'thank you' to locals by making a curated art collection available in their eight greater D.C. area showrooms only.
Known for "Furnishing Happiness," the furniture retailer is thrilled to offer eight thoughtfully curated art pieces that pay homage to the greater D.C. area and life there. From blue crabs to St. Michaels, a city map to the Jefferson Memorial and
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To commemorate the anniversary, and their 22 Texas showrooms, Havertys is partnering with Four Hands Art Studio — an artisan production facility in Austin that prints, builds and assembles artwork— to offer a new art collection exclusive to Havertys' Texas markets.
Printed using cutting-edge technology and techniques, including sublimation, which results in ultra-vibrant, fade-resistant colors, and hand-framed by Four Hands Art Studio, th
ATLANTA, May 17, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) announced today that its board of directors declared a 12% increase in the quarterly dividend rate, from $0.25 per share to $0.28 per share on the company's common stock. The quarterly dividend for the company's Class A common stock is also being increased from $0.23 per share to $0.26 per share. The dividend is payable on June 17, 2022 to stockholders of record at the close of business on June 2, 2022. Havertys has paid a cash dividend in each year since 1935. Clarence H. Smith, chairman and chief executive officer, said, "The board's decision to increase the dividend reflects our strong financial position and long-term outloo
ATLANTA, May 17, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) announced today that its board of directors declared a 12% increase in the quarterly dividend rate, from $0.25 per share to $0.28 per share on the company's common stock. The quarterly dividend for the company's Class A common stock is also being increased from $0.23 per share to $0.26 per share. The dividend is payable on June 17, 2022 to stockholders of record at the close of business on June 2, 2022. Havertys has paid a cash dividend in each year since 1935. Clarence H. Smith, chairman and chief executive officer, said, "The board's decision to increase the dividend reflects our strong financial position and long-term outloo
ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT), today reported its operating results for the first quarter ended March 31, 2022. First quarter 2022 versus first quarter 2021: Consolidated sales increased 1.0% to $238.9 million. Comparable store sales increased 0.2%.Gross profit margin of 59.0% versus 57.1% and above expectations due to merchandise mix and pricing.Diluted earnings per common share ("EPS") of $1.11 versus $1.04. Clarence H. Smith, chairman and CEO, said, "We are pleased to report the results of another strong quarter. Our merchandising team has responded to cost increases by judiciously adjusting retail pricing. Sales generated by our free in-home design se
ATLANTA, April 26, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) will release its first quarter 2022 financial results on Monday, May 2, 2022, after the market closes. The company will host a conference call with investors and analysts on Tuesday, May 3, 2022, at 10:00 a.m. ET to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. ET through Friday, May 13, 2022. The number to access the telephone playback is 1-888-203-1112 (access code: 3248316). About Havertys Havertys (NYSE:HVT), established in
