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Royce & Associates increased stake in Hooker Furniture Corporation

Published 01/27/2021, 10:49 AM
Updated 01/27/2021, 11:01 AM
© Reuters.  Royce & Associates increased stake in Hooker Furniture Corporation

On the 31st of December, Royce & Associates bought 53 thousand Hooker Furniture Corporation (NASDAQ:HOFT) shares for $1.7 million at an average price of $32.25 per share. Shares of Hooker Furniture Corporation are up 0.40% since the transaction.

Royce & Associates's holding in Hooker Furniture Corporation increased to about 1.3 million shares with the purchase.

Royce & Associates first bought Hooker Furniture Corporation stock in the third quarter of 2014. Royce & Associates also owns Flexsteel Industries, Inc. (FLXS), National Presto Industries, Inc (NPK), Ethan Allen Interiors Inc . (NYSE:ETH) and Skyline Champion Corporation (NYSE:SKY). Hooker Furniture Corporation is its number one position by number of shares and market value among household durables stocks.

Contrary to Royce & Associates, Citigroup (NYSE:C), Hotchkis & Wiley Capital Management, and Pzena Investment Management reduced HOFT shares, while Victory Capital Management sold all their HOFT shares.

Royce & Associates has also recently increased their share in Flexsteel Industries, Inc.

Royce & Associates also reduced their share in Hurco Companies, Inc. (HURC), Century Casinos , Inc. (NASDAQ:CNTY), Intevac , Inc. (NASDAQ:IVAC), Haynes International, Inc. (NASDAQ:HAYN), Kimball International, Inc. (KBAL), Insteel Industries , Inc. (NASDAQ:IIIN), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Frequency Electronics, Inc. (FEIM), Synalloy Corporation (SYNL), GP Strategies Corporation (NYSE:GPX), Northrim BanCorp Inc (NRIM), Gencor Industries Inc. (GENC) and SEACOR Marine Holdings Inc . (NYSE:SMHI). The total value of the shares sold is estimated at around $53 million.

Additionally, Royce & Associates increased their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Forrester Research , Inc. (NASDAQ:FORR), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), EVI Industries, Inc. (EVI), Aviat Networks , Inc. (NASDAQ:AVNW), Horizon Global Corporation (NYSE:HZN), International Money Express, In (NASDAQ:IMXI) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $50 million.

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