Dimensional Fund Advisors LP Has $1.27 Million Position in Crown Crafts, Inc. (NASDAQ:CRWS)

Dimensional Fund Advisors LP increased its position in shares of Crown Crafts, Inc. (NASDAQ:CRWS) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 242,640 shares of the textile maker’s stock after purchasing an additional 3,596 shares during the period. Dimensional Fund Advisors LP owned approximately 2.35% of Crown Crafts worth $1,269,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Empowered Funds LLC increased its stake in Crown Crafts by 8.0% during the 1st quarter. Empowered Funds LLC now owns 37,922 shares of the textile maker’s stock worth $193,000 after acquiring an additional 2,800 shares during the period. Institutional investors and hedge funds own 30.23% of the company’s stock.

Insider Activity

In other Crown Crafts news, Director Donald R. Ratajczak purchased 10,661 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were bought at an average price of $4.71 per share, for a total transaction of $50,213.31. Following the purchase, the director now owns 261,164 shares in the company, valued at approximately $1,230,082.44. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Donald R. Ratajczak acquired 10,661 shares of Crown Crafts stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average price of $4.71 per share, for a total transaction of $50,213.31. Following the transaction, the director now directly owns 261,164 shares of the company’s stock, valued at approximately $1,230,082.44. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Zenon S. Nie acquired 11,915 shares of Crown Crafts stock in a transaction that occurred on Monday, September 9th. The shares were purchased at an average price of $4.74 per share, for a total transaction of $56,477.10. Following the transaction, the director now directly owns 80,294 shares in the company, valued at $380,593.56. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 30,661 shares of company stock worth $143,881. Insiders own 9.90% of the company’s stock.

Crown Crafts Price Performance

Crown Crafts stock opened at $4.86 on Friday. The stock’s fifty day moving average price is $4.78 and its two-hundred day moving average price is $4.97. Crown Crafts, Inc. has a one year low of $4.11 and a one year high of $5.97. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.89 and a quick ratio of 1.46. The firm has a market cap of $50.11 million, a PE ratio of 9.92 and a beta of 0.85.

Crown Crafts (NASDAQ:CRWS) last posted its quarterly earnings data on Wednesday, August 14th. The textile maker reported ($0.03) EPS for the quarter. Crown Crafts had a return on equity of 8.30% and a net margin of 4.85%. The company had revenue of $16.21 million for the quarter.

Crown Crafts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 13th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, September 13th. This represents a $0.32 dividend on an annualized basis and a yield of 6.58%. Crown Crafts’s dividend payout ratio (DPR) is presently 65.31%.

Crown Crafts Profile

Crown Crafts, Inc, through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; dolls and plush toys; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods.