Boston Partners Boosts Holdings in Dixie Group Inc (DXYN)
Boston Partners raised its position in Dixie Group Inc (NASDAQ:DXYN) by 37.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 657,020 shares of the textile maker’s stock after purchasing an additional 177,690 shares during the quarter. Boston Partners’ holdings in Dixie Group were worth $2,530,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Northern Trust Corp raised its position in shares of Dixie Group by 4.0% during the second quarter. Northern Trust Corp now owns 31,483 shares of the textile maker’s stock worth $141,000 after acquiring an additional 1,198 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Dixie Group by 3.3% during the third quarter. Wells Fargo & Company MN now owns 1,696,021 shares of the textile maker’s stock worth $6,785,000 after acquiring an additional 53,487 shares during the last quarter. Royce & Associates LP raised its position in shares of Dixie Group by 4.8% during the third quarter. Royce & Associates LP now owns 1,466,930 shares of the textile maker’s stock worth $5,868,000 after acquiring an additional 67,819 shares during the last quarter. Finally, Walthausen & Co. LLC bought a new position in shares of Dixie Group during the third quarter worth about $400,000. Hedge funds and other institutional investors own 65.18% of the company’s stock.
A number of equities analysts have recently issued reports on the company. ValuEngine downgraded Dixie Group from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Dixie Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th.
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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.
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