Geode Capital Management LLC Has $454,000 Stock Holdings in Crown Crafts, Inc. (NASDAQ:CRWS)

Geode Capital Management LLC grew its stake in shares of Crown Crafts, Inc. (NASDAQ:CRWS) by 11.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,480 shares of the textile maker’s stock after purchasing an additional 9,988 shares during the period. Geode Capital Management LLC owned approximately 0.91% of Crown Crafts worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cannon Financial Strategists Inc. bought a new stake in Crown Crafts in the 2nd quarter valued at about $103,000. Lakewood Asset Management LLC raised its position in shares of Crown Crafts by 9.2% during the third quarter. Lakewood Asset Management LLC now owns 27,375 shares of the textile maker’s stock worth $131,000 after purchasing an additional 2,300 shares during the period. Diamond Hill Capital Management Inc. lifted its holdings in shares of Crown Crafts by 11.5% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 87,000 shares of the textile maker’s stock worth $455,000 after purchasing an additional 9,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Crown Crafts by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 242,640 shares of the textile maker’s stock worth $1,269,000 after purchasing an additional 3,596 shares in the last quarter. Finally, De Lisle Partners LLP increased its stake in Crown Crafts by 41.2% during the 3rd quarter. De Lisle Partners LLP now owns 396,326 shares of the textile maker’s stock valued at $1,901,000 after purchasing an additional 115,696 shares in the last quarter. Institutional investors own 30.23% of the company’s stock.

Crown Crafts Trading Up 0.2 %

CRWS opened at $4.47 on Monday. Crown Crafts, Inc. has a fifty-two week low of $4.21 and a fifty-two week high of $5.97. The firm has a market capitalization of $46.46 million, a PE ratio of 13.97 and a beta of 0.84. 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 company’s 50-day moving average is $4.52 and its 200 day moving average is $4.72.

Crown Crafts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.32 annualized dividend and a dividend yield of 7.16%. Crown Crafts’s payout ratio is 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.