Bassett Furniture Industries, Incorporated (NASDAQ:BSET) is expected to pay $0.10 on Nov 25, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Bassett Furniture Industries, Incorporated’s current price of $23.20, the dividend is 0.43%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 7, 2016. The stock increased 1.98% or $0.45 on November 4, hitting $23.2. Bassett Furniture Industries Inc. (NASDAQ:BSET) has declined 26.21% since April 5, 2016 and is downtrending. It has underperformed by 28.16% the S&P500.
Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The company has a market cap of $251.13 million. The Company’s divisions include Wholesale, Retail – Company-owned stores and Logistical services. It has a 15.37 P/E ratio. The Company’s wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores and independent furniture retailers.
Insitutional Activity: The institutional sentiment increased to 0.9 in Q2 2016. Its up 0.09, from 0.81 in 2016Q1. The ratio is positive, as 12 funds sold all Bassett Furniture Industries Inc. shares owned while 28 reduced positions. 7 funds bought stakes while 29 increased positions. They now own 6.85 million shares or 9.07% less from 7.54 million shares in 2016Q1.
Renaissance Ltd Liability last reported 0.02% of its portfolio in the stock. Morgan Stanley holds 0% or 98,727 shares in its portfolio. Wells Fargo & Mn accumulated 0% or 5,745 shares. The Massachusetts-based Numeric Ltd Liability Com has invested 0.03% in Bassett Furniture Industries Inc. (NASDAQ:BSET). Springbok Capital Management Ltd Llc has 7,599 shares for 0.03% of their US portfolio. Parametric Port Assocs last reported 0% of its portfolio in the stock. California State Teachers Retirement reported 21,570 shares or 0% of all its holdings. Suntrust Banks Incorporated, a Georgia-based fund reported 20,454 shares. Acadian Asset Ltd owns 409,707 shares or 0.05% of their US portfolio. The New York-based Teachers Advisors Inc has invested 0% in Bassett Furniture Industries Inc. (NASDAQ:BSET). Moreover, Tradewinds Global Llc has 0.01% invested in Bassett Furniture Industries Inc. (NASDAQ:BSET) for 8,833 shares. Metropolitan Life Insur Company Ny reported 8,252 shares or 0% of all its holdings. Federated Incorporated Pa, a Pennsylvania-based fund reported 8,779 shares. Bnp Paribas Arbitrage Sa reported 400 shares or 0% of all its holdings. Retail Bank Of Montreal Can holds 0% of its portfolio in Bassett Furniture Industries Inc. (NASDAQ:BSET) for 5,705 shares.
Insider Transactions: Since June 30, 2016, the stock had 3 buys, and 1 sale for $170,564 net activity. 3,500 shares with value of $89,061 were sold by CASHMAN KRISTINA K on Monday, August 15. WARDEN WILLIAM C JR also bought $117,150 worth of Bassett Furniture Industries Inc. (NASDAQ:BSET) shares. SPILMAN ROBERT H JR also bought $94,551 worth of Bassett Furniture Industries Inc. (NASDAQ:BSET) on Thursday, June 30. Another trade for 2,000 shares valued at $47,924 was made by FULTON PAUL on Thursday, June 30.
More news for Bassett Furniture Industries Inc. (NASDAQ:BSET) were recently published by: Marketwatch.com, which released: “Basset Furniture started at hold at Stifel Nicolaus” on December 22, 2009. Quotes.Wsj.com‘s article titled: “News Bassett Furniture Industries Inc.BSET” and published on February 11, 2011 is yet another important article.
BSET Company Profile
Bassett Furniture Industries, Incorporated, incorporated on November 15, 2010, is a manufacturer, importer and retailer of home furnishings. The Company’s divisions include Wholesale, Retail â€“ Company-owned stores and Logistical services. The Company’s range of furniture products and accessories are sold through a nation-wide network of over 90 retail stores known as Bassett Home Furnishings (BHF). As of November 28, 2015, BHF store network included approximately 60 Company-owned stores and over 30 licensee-owned stores. The Company, through its Website, www.bassettfurniture.com, enables clients to research and purchase its merchandise online. In addition, the Company distributes its products through other multi-line furniture stores, many of which feature Bassett galleries or design centers, specialty stores and mass merchants. The Firm also holds investments in retail store properties.
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