Dixie Group Inc Stock as Institutional Investors Exit

July 12, 2018 - By Alfred Lee

Sentiment for Dixie Group Inc (NASDAQ:DXYN)

Dixie Group Inc (NASDAQ:DXYN) institutional sentiment decreased to 0.79 in Q1 2018. Its down -0.61, from 1.4 in 2017Q4. The ratio dived, as 11 funds increased and opened new equity positions, while 14 sold and trimmed positions in Dixie Group Inc. The funds in our partner’s database now possess: 8.85 million shares, down from 9.12 million shares in 2017Q4. Also, the number of funds holding Dixie Group Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 10 Increased: 8 New Position: 3.

The Dixie Group, Inc. manufactures, markets, and sells floorcovering products for residential and commercial applications primarily in the United States. The company has market cap of $35.19 million. It offers residential and specialty carpets and custom rugs; residential tufted broadloom and rugs; and broadloom and modular carpet tiles. It currently has negative earnings. The firm sells its products under the Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Masland Hospitality brands.

The stock increased 4.09% or $0.087 during the last trading session, reaching $2.212. About 944 shares traded. The Dixie Group, Inc. (NASDAQ:DXYN) has declined 39.29% since July 12, 2017 and is downtrending. It has underperformed by 51.86% the S&P500.

Analysts await The Dixie Group, Inc. (NASDAQ:DXYN) to report earnings on August, 2. They expect $0.02 EPS, down 75.00 % or $0.06 from last year’s $0.08 per share. DXYN’s profit will be $318,156 for 27.65 P/E if the $0.02 EPS becomes a reality. After $-0.18 actual EPS reported by The Dixie Group, Inc. for the previous quarter, Wall Street now forecasts -111.11 % EPS growth.

Hodges Capital Management Inc. holds 0.32% of its portfolio in The Dixie Group, Inc. for 1.48 million shares. First Dallas Securities Inc. owns 41,950 shares or 0.08% of their US portfolio. Moreover, Penn Capital Management Co Inc has 0.07% invested in the company for 327,222 shares. The Georgia-based Buckhead Capital Management Llc has invested 0.06% in the stock. Walthausen & Co. Llc, a New York-based fund reported 100,000 shares.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $43,371 activity.

The Dixie Group, Inc. (NASDAQ:DXYN) Institutional Positions Chart

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