Dimensional Fund Advisors LP continued to hold its position in The Dixie Group, Inc. (NASDAQ:DXYN) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,093,102 shares of the textile maker’s stock at the close of the second quarter. Dimensional Fund Advisors LP owned about 6.97% of The Dixie Group worth $4,919,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Northern Trust Corp increased its position in shares of The Dixie Group by 4.0% in the second quarter. Northern Trust Corp now owns 31,483 shares of the textile maker’s stock valued at $141,000 after acquiring an additional 1,198 shares during the period. Advisor Group Inc. increased its position in shares of The Dixie Group by 2.7% in the second quarter. Advisor Group Inc. now owns 89,945 shares of the textile maker’s stock valued at $401,000 after acquiring an additional 2,350 shares during the period. GRT Capital Partners L.L.C. increased its position in shares of The Dixie Group by 17.0% in the second quarter. GRT Capital Partners L.L.C. now owns 31,000 shares of the textile maker’s stock valued at $138,000 after acquiring an additional 4,500 shares during the period. Blair William & Co. IL increased its position in shares of The Dixie Group by 5.2% in the second quarter. Blair William & Co. IL now owns 191,968 shares of the textile maker’s stock valued at $856,000 after acquiring an additional 9,500 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of The Dixie Group by 1.2% in the second quarter. Wells Fargo & Company MN now owns 1,642,534 shares of the textile maker’s stock valued at $7,328,000 after acquiring an additional 19,585 shares during the period. Hedge funds and other institutional investors own 61.82% of the company’s stock.

Shares of The Dixie Group, Inc. (DXYN) opened at $3.94 on Thursday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.81 and a current ratio of 2.61. The Dixie Group, Inc. has a 52 week low of $3.25 and a 52 week high of $5.20.

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DXYN has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of The Dixie Group from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a research report on Monday, August 7th. ValuEngine cut shares of The Dixie Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th.

The Dixie Group Profile

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.

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

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