Hooker Furniture Corp (NASDAQ:HOFT) Institutional Investor Sentiment Analysis

Hooker Furniture Corporation (NASDAQ:HOFT) Logo

Sentiment for Hooker Furniture Corp (NASDAQ:HOFT)

Hooker Furniture Corp (NASDAQ:HOFT) institutional sentiment decreased to 1.11 in 2018 Q2. Its down -0.14, from 1.25 in 2018Q1. The ratio is negative, as 52 hedge funds opened new and increased stock positions, while 47 cut down and sold their stakes in Hooker Furniture Corp. The hedge funds in our partner’s database now have: 10.09 million shares, down from 10.18 million shares in 2018Q1. Also, the number of hedge funds holding Hooker Furniture Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 36 Increased: 30 New Position: 22.

Hooker Furniture Corporation, together with its subsidiaries, operates as a home furnishings marketing, design, and logistics firm worldwide. The company has market cap of $327.84 million. The firm designs, makes, imports, and markets residential household furniture products. It has a 10.41 P/E ratio. It operates through four divisions: Hooker Casegoods, Upholstery, Home Meridian, and All Other.

The stock decreased 3.80% or $1.1 during the last trading session, reaching $27.87. About 67,050 shares traded or 52.92% up from the average. Hooker Furniture Corporation (NASDAQ:HOFT) has declined 9.09% since December 8, 2017 and is downtrending. It has underperformed by 24.71% the S&P500.

Zpr Investment Management holds 2.85% of its portfolio in Hooker Furniture Corporation for 45,454 shares. Punch & Associates Investment Management Inc. owns 323,301 shares or 1.25% of their US portfolio. Moreover, Nwq Investment Management Company Llc has 1.18% invested in the company for 1.39 million shares. The Massachusetts-based Delphi Management Inc Ma has invested 0.98% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 114,560 shares.

Since January 1, 0001, it had 1 buying transaction, and 2 selling transactions for $148,087 activity.

More notable recent Hooker Furniture Corporation (NASDAQ:HOFT) news were published by: Investorplace.com which released: “The 10 Safest Stocks to Buy If Markets Overheat Again – Investorplace.com” on February 16, 2018, also Seekingalpha.com with their article: “Hooker Furniture Corporation (HOFT) CEO Paul Toms on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” published on December 06, 2018, Investorplace.com published: “Time to Put on a Starter Position in Restoration Hardware Stock – Investorplace.com” on September 06, 2018. More interesting news about Hooker Furniture Corporation (NASDAQ:HOFT) were released by: Seekingalpha.com and their article: “It’s official: Mattress Firm files for bankruptcy – Seeking Alpha” published on October 05, 2018 as well as Globenewswire.com‘s news article titled: “Hooker Furniture to Host Third Quarter Earnings Call December 6 – GlobeNewswire” with publication date: November 15, 2018.

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.