Tibra Equities Europe Ltd Buys Shares of 13,603 Delta Apparel, Inc. (DLA)
Tibra Equities Europe Ltd bought a new stake in shares of Delta Apparel, Inc. (NYSEAMERICAN:DLA) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 13,603 shares of the textile maker’s stock, valued at approximately $302,000. Tibra Equities Europe Ltd owned about 0.20% of Delta Apparel at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in DLA. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Delta Apparel in the 3rd quarter valued at $261,000. Algert Global LLC grew its holdings in shares of Delta Apparel by 34.4% in the 3rd quarter. Algert Global LLC now owns 14,494 shares of the textile maker’s stock worth $258,000 after purchasing an additional 3,706 shares during the last quarter. Putnam Investments LLC bought a new stake in shares of Delta Apparel in the 3rd quarter worth about $1,600,000. Vanguard Group Inc grew its holdings in shares of Delta Apparel by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 234,210 shares of the textile maker’s stock worth $4,167,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Delta Apparel in the 4th quarter worth about $25,000.
In other Delta Apparel news, Chairman Robert W. Humphreys sold 3,000 shares of Delta Apparel stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $24.46, for a total transaction of $73,380.00. Following the completion of the transaction, the chairman now directly owns 547,126 shares of the company’s stock, valued at $13,382,701.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Robert W. Humphreys sold 1,685 shares of Delta Apparel stock in a transaction on Thursday, February 7th. The stock was sold at an average price of $24.16, for a total transaction of $40,709.60. Following the transaction, the chairman now directly owns 548,811 shares of the company’s stock, valued at $13,259,273.76. The disclosure for this sale can be found here. Insiders sold 30,132 shares of company stock valued at $689,534 over the last three months.
Delta Apparel (NYSEAMERICAN:DLA) last released its earnings results on Monday, February 4th. The textile maker reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. The firm had revenue of $101.68 million during the quarter, compared to the consensus estimate of $100.98 million.
DLA has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Delta Apparel from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. Roth Capital lowered shares of Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 target price on the stock. in a research note on Wednesday, February 6th.
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Delta Apparel Company Profile
Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It markets, distributes, manufactures, and sells unembellished knit apparel under the Soffe, Delta Platinum, Delta Pro Weight, and Delta Magnum Weight brands to various large licensed screen printers and small independent businesses.
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