Hodges Capital Management Inc. Sells 195,232 Shares of The Dixie Group, Inc. (NASDAQ:DXYN)

Hodges Capital Management Inc. lessened its holdings in The Dixie Group, Inc. (NASDAQ:DXYN) by 11.5% in the third quarter, HoldingsChannel reports. The fund owned 1,502,183 shares of the textile maker’s stock after selling 195,232 shares during the period. Hodges Capital Management Inc. owned 0.10% of The Dixie Group worth $1,350,000 as of its most recent filing with the SEC.

Separately, Bridgeway Capital Management Inc. boosted its position in shares of The Dixie Group by 41.2% in the second quarter. Bridgeway Capital Management Inc. now owns 96,300 shares of the textile maker’s stock valued at $91,000 after acquiring an additional 28,100 shares during the period. Institutional investors own 34.92% of the company’s stock.

Shares of The Dixie Group stock opened at $0.88 on Friday. The firm has a 50-day moving average of $0.89 and a 200-day moving average of $0.85. The stock has a market cap of $13.92 million, a PE ratio of 1.14 and a beta of 1.41. The Dixie Group, Inc. has a 52-week low of $0.53 and a 52-week high of $2.09. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.70 and a current ratio of 2.31.

The Dixie Group (NASDAQ:DXYN) last announced its earnings results on Thursday, August 6th. The textile maker reported ($0.37) earnings per share (EPS) for the quarter. The Dixie Group had a net margin of 4.10% and a negative return on equity of 13.05%. The business had revenue of $60.82 million during the quarter.

About The Dixie Group

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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