De Lisle Partners LLP Buys 115,696 Shares of Crown Crafts, Inc. (NASDAQ:CRWS)

De Lisle Partners LLP boosted its stake in Crown Crafts, Inc. (NASDAQ:CRWS) by 41.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 396,326 shares of the textile maker’s stock after buying an additional 115,696 shares during the period. De Lisle Partners LLP owned 3.84% of Crown Crafts worth $1,901,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Lakewood Asset Management LLC lifted its stake in shares of Crown Crafts by 9.2% in the 3rd quarter. Lakewood Asset Management LLC now owns 27,375 shares of the textile maker’s stock valued at $131,000 after purchasing an additional 2,300 shares during the period. Cannon Financial Strategists Inc. raised its holdings in Crown Crafts by 16.7% in the third quarter. Cannon Financial Strategists Inc. now owns 22,940 shares of the textile maker’s stock worth $114,000 after purchasing an additional 3,278 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Crown Crafts by 1.5% during the second quarter. Dimensional Fund Advisors LP now owns 242,640 shares of the textile maker’s stock valued at $1,269,000 after buying an additional 3,596 shares during the period. Finally, Diamond Hill Capital Management Inc. lifted its position in Crown Crafts by 11.5% during the second quarter. Diamond Hill Capital Management Inc. now owns 87,000 shares of the textile maker’s stock valued at $455,000 after buying an additional 9,000 shares during the period. 30.23% of the stock is owned by institutional investors.

Insider Buying and Selling at Crown Crafts

In related news, Director Zenon S. Nie purchased 11,915 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were purchased at an average cost of $4.74 per share, with a total value of $56,477.10. Following the transaction, the director now directly owns 80,294 shares in the company, valued at $380,593.56. This trade represents a 17.42 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 9.90% of the company’s stock.

Crown Crafts Stock Down 0.7 %

NASDAQ:CRWS opened at $4.57 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.32 and a quick ratio of 1.51. The firm’s 50-day moving average price is $4.69 and its 200-day moving average price is $4.85. The company has a market capitalization of $47.48 million, a PE ratio of 14.28 and a beta of 0.85. Crown Crafts, Inc. has a 1-year low of $4.21 and a 1-year high of $5.97.

Crown Crafts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 13th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date is Friday, December 13th. Crown Crafts’s dividend payout ratio (DPR) is presently 100.00%.

Crown Crafts Company 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.