Institutional Investors Lead Shift in Hooker Furniture Corp (NASDAQ:HOFT) Sentiment

Hooker Furniture Corporation (NASDAQ:HOFT) Logo

Sentiment for Hooker Furniture Corp (NASDAQ:HOFT)

Hooker Furniture Corp (NASDAQ:HOFT) institutional sentiment increased to 1.33 in Q4 2018. Its up 0.37, from 0.96 in 2018Q3. The ratio is more positive, as 52 active investment managers started new or increased holdings, while 39 sold and decreased their positions in Hooker Furniture Corp. The active investment managers in our partner’s database now have: 10.05 million shares, down from 10.10 million shares in 2018Q3. Also, the number of active investment managers holding Hooker Furniture Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 26 Increased: 31 New Position: 21.

Hooker Furniture Corporation, together with its subsidiaries, operates as a home furnishings marketing, design, and logistics firm worldwide. The company has market cap of $348.07 million. The firm designs, makes, imports, and markets residential household furniture products. It has a 8.75 P/E ratio. It operates through four divisions: Hooker Casegoods, Upholstery, Home Meridian, and All Other.

The stock decreased 2.47% or $0.75 during the last trading session, reaching $29.59. About 11,142 shares traded. Hooker Furniture Corporation (NASDAQ:HOFT) has declined 15.58% since May 8, 2018 and is downtrending. It has underperformed by 19.95% the S&P500.

Zpr Investment Management holds 2.22% of its portfolio in Hooker Furniture Corporation for 42,442 shares. Punch & Associates Investment Management Inc. owns 394,989 shares or 1% of their US portfolio. Moreover, Delphi Management Inc Ma has 0.97% invested in the company for 40,645 shares. The California-based Nwq Investment Management Company Llc has invested 0.9% in the stock. Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 163,334 shares.

Since January 1, 0001, it had 3 insider purchases, and 0 sales for $267,454 activity.

More notable recent Hooker Furniture Corporation (NASDAQ:HOFT) news were published by: Investorplace.com which released: “Time to Put on a Starter Position in Restoration Hardware Stock – Investorplace.com” on September 06, 2018, also Seekingalpha.com with their article: “Hooker Furniture Is Too Cheap – Again – Seeking Alpha” published on February 20, 2018, Seekingalpha.com published: “Headwinds warning whacks Hooker Furniture – Seeking Alpha” on April 17, 2019. More interesting news about Hooker Furniture Corporation (NASDAQ:HOFT) were released by: Globenewswire.com and their article: “Hooker Furniture Completes Acquisition of Home Meridian International – GlobeNewswire” published on February 02, 2016 as well as Nasdaq.com‘s news article titled: “4 Furniture Stocks to Refurbish Your Portfolio – Nasdaq” with publication date: November 05, 2015.

Hooker Furniture Corporation (NASDAQ:HOFT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.