Blair William & Co. IL boosted its position in shares of The Dixie Group, Inc. (NASDAQ:DXYN) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,968 shares of the textile maker’s stock after buying an additional 9,500 shares during the period. Blair William & Co. IL owned approximately 1.22% of The Dixie Group worth $856,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Boston Partners raised its stake in The Dixie Group by 78.8% in the first quarter. Boston Partners now owns 505,800 shares of the textile maker’s stock valued at $1,821,000 after buying an additional 222,900 shares in the last quarter. Russell Investments Group Ltd. raised its stake in The Dixie Group by 41.2% in the second quarter. Russell Investments Group Ltd. now owns 323,120 shares of the textile maker’s stock valued at $1,454,000 after buying an additional 94,220 shares in the last quarter. Wells Fargo & Company MN raised its stake in The Dixie Group by 4.4% in the first quarter. Wells Fargo & Company MN now owns 1,622,949 shares of the textile maker’s stock valued at $5,842,000 after buying an additional 68,139 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. raised its stake in The Dixie Group by 51.0% in the first quarter. Prescott Group Capital Management L.L.C. now owns 192,420 shares of the textile maker’s stock valued at $693,000 after buying an additional 65,000 shares in the last quarter. Hedge funds and other institutional investors own 62.98% of the company’s stock.

Shares of The Dixie Group, Inc. (NASDAQ DXYN) opened at 4.10 on Thursday. The stock’s market cap is $64.39 million. The Dixie Group, Inc. has a 52-week low of $3.20 and a 52-week high of $5.56. The firm has a 50-day moving average price of $4.29 and a 200 day moving average price of $3.97.

The Dixie Group (NASDAQ:DXYN) last issued its quarterly earnings results on Thursday, August 3rd. The textile maker reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. The firm had revenue of $107.20 million during the quarter, compared to analyst estimates of $107.60 million. The Dixie Group had a negative return on equity of 1.62% and a negative net margin of 0.41%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. Analysts expect that The Dixie Group, Inc. will post $0.18 earnings per share for the current year.

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Several research firms have commented on DXYN. Zacks Investment Research upgraded The Dixie Group from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research report on Tuesday, July 18th. ValuEngine lowered The Dixie Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th.

About The Dixie Group

The Dixie Group, Inc is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers.

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Institutional Ownership by Quarter for The Dixie Group (NASDAQ:DXYN)

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