Susquehanna International Group LLP Takes Position in The Dixie Group, Inc. (NASDAQ:DXYN)


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Susquehanna International Group LLP acquired a new stake in shares of The Dixie Group, Inc. (NASDAQ:DXYN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 26,074 shares of the textile maker’s stock, valued at approximately $66,000. Susquehanna International Group LLP owned approximately 0.17% of The Dixie Group at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in shares of The Dixie Group by 600.6% in the fourth quarter. Renaissance Technologies LLC now owns 219,300 shares of the textile maker’s stock worth $559,000 after buying an additional 188,000 shares during the period. Royce & Associates LP acquired a new position in shares of The Dixie Group in the fourth quarter worth about $806,000. Finally, Morgan Stanley lifted its position in shares of The Dixie Group by 14.5% in the third quarter. Morgan Stanley now owns 236,575 shares of the textile maker’s stock worth $213,000 after purchasing an additional 30,000 shares in the last quarter. Institutional investors own 31.99% of the company’s stock.

Separately, TheStreet lowered shares of The Dixie Group from a “c” rating to a “d+” rating in a research report on Thursday, March 4th.

NASDAQ DXYN opened at $3.28 on Wednesday. The company has a 50 day simple moving average of $3.60 and a 200-day simple moving average of $2.87. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.23 and a quick ratio of 0.75. The firm has a market capitalization of $50.64 million, a price-to-earnings ratio of 3.31 and a beta of 2.87. The Dixie Group, Inc. has a 52-week low of $0.60 and a 52-week high of $6.00.

The Dixie Group (NASDAQ:DXYN) last posted its quarterly earnings results on Thursday, March 4th. The textile maker reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $88.60 million during the quarter. The Dixie Group had a net margin of 5.30% and a negative return on equity of 8.49%.

The Dixie Group Company Profile

The Dixie Group, Inc manufactures, markets, and sells floorcovering products for residential and commercial applications in North America and internationally. It offers residential carpets, custom rugs, and engineered wood products under the Fabrica brand for interior decorators and designers, selected retailers and furniture stores, luxury home builders, and manufacturers of luxury motor coaches and yachts; and specialty carpets and rugs for the high-end residential marketplace, as well as luxury vinyl flooring products and broadloom carpet products under the Masland Residential brand name through the interior design community and specialty floorcovering retailers.

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

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