Crown Crafts, Inc. (NASDAQ:CRWS) Director Donald R. Ratajczak acquires 10,661 shares

Crown Crafts, Inc. (NASDAQ:CRWS – Get Your Free Report ) Director Donald R. Ratajczak purchased 10,661 shares of the business’s stock in a transaction on Friday, August 16th. The shares were purchased at an average price of $4.71 per share, with a total value of $50,213.31. Following the acquisition, the director now owns 261,164 shares of the company’s stock, valued at approximately $1,230,082.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this link.

Crown craft stocks rose 0.2%

NASDAQ:CRWS opened at $4.62 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.13, and a quick ratio of 1.74. The company’s 50-day moving average price is $4.91 and its 200-day moving average price is $5.16. The company has a market cap of $47.64 million, a PE ratio of 9.43 and a beta of 0.82. Crown Crafts, Inc. has a 1 year low of $4.11 and a 1 year high of $5.97.

Crown Crafts (NASDAQ:CRWS – Get Your Free Report ) last announced its quarterly earnings data on Friday, June 28th. The textile maker reported $0.10 earnings per share for the quarter. Crown Crafts had a net margin of 5.58% and a return on equity of 9.77%. The business had revenue of $22.58 million for the quarter.

Crown Crafts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Investors of record on Friday, September 13th will be given a $0.08 dividend. The ex-dividend date is Friday, September 13. This represents an annualized dividend of $0.32 and a dividend yield of 6.93%. Crown Crafts’s payout ratio is currently 65.31%.

Institutional inputs and outputs

Large investors have recently added to or reduced their holdings in the stock. Empowered Funds LLC raised its stake in shares of Crown Crafts by 8.0% in the first 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 last quarter. Dimensional Fund Advisors LP grew its position in shares of Crown Crafts by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 242,640 shares of the textile maker’s stock worth $1,269,000 after acquiring an additional 3,596 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. raised 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 purchasing an additional 9,000 shares in the last quarter. Hedge funds and other institutional investors own 30.23% of the company’s shares.

Crown Crafts Company Profile

(Get a free report)

Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. Offers infant, toddler and toddler products, including infant and toddler bedding; blankets and swaddle blankets; dolls and stuffed toys; nursery and toddler accessories; room decor; reusable and disposable bibs; burp cloths; bath towels and hooded bath towels; reusable and disposable mats and mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care products; and other soft products for infants, toddlers and juveniles.

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