Truist Financial Corp boosted its position in The Dixie Group, Inc. (NASDAQ:DXYN – Free Report) by 50.0% in the second quarter, HoldingsChannel.com reports. The firm owned 89,992 shares of the textile maker’s stock after acquiring an additional 30,000 shares during the period. Truist Financial Corp’s holdings in The Dixie Group were worth $59,000 as of its most recent SEC filing.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on The Dixie Group in a report on Thursday. They set a “hold” rating for the company.
Get Our Latest Stock Analysis on The Dixie Group
The Dixie Group Trading Down 0.5 %
The Dixie Group (NASDAQ:DXYN – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The textile maker reported $0.04 EPS for the quarter. The firm had revenue of $70.51 million during the quarter. The Dixie Group had a negative net margin of 0.42% and a negative return on equity of 1.92%.
About The Dixie Group
The Dixie Group, Inc manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company 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.
Further Reading
- Five stocks we like better than The Dixie Group
- Insider Trading – What You Need to Know
- Is Spotify Stock Poised to Soar? Options Traders Think So
- ETF Screener: Uses and Step-by-Step Guide
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- The How And Why of Investing in Oil Stocks
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
Want to see what other hedge funds are holding DXYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Dixie Group, Inc. (NASDAQ:DXYN – Free Report).
Receive News & Ratings for The Dixie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Dixie Group and related companies with MarketBeat.com's FREE daily email newsletter.