Crown Crafts, Inc. (NASDAQ:CRWS) Director Patricia Stensrud sold 3,500 shares of the stock in a transaction dated Thursday, September 13th. The shares were sold at an average price of $6.01, for a total value of $21,035.00. Following the completion of the transaction, the director now owns 43,750 shares of the company’s stock, valued at $262,937.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of CRWS stock opened at $5.40 on Friday. The stock has a market capitalization of $57.40 million, a PE ratio of 10.00 and a beta of 0.57. The company has a quick ratio of 1.66, a current ratio of 3.80 and a debt-to-equity ratio of 0.10. Crown Crafts, Inc. has a 1-year low of $5.20 and a 1-year high of $7.54.

Crown Crafts (NASDAQ:CRWS) last released its earnings results on Thursday, August 9th. The textile maker reported $0.03 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.06). Crown Crafts had a return on equity of 10.27% and a net margin of 3.84%. The business had revenue of $15.46 million for the quarter, compared to analyst estimates of $16.38 million.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 5th. Shareholders of record on Friday, September 14th were paid a $0.08 dividend. The ex-dividend date was Thursday, September 13th. This represents a $0.32 dividend on an annualized basis and a yield of 5.93%. Crown Crafts’s dividend payout ratio (DPR) is presently 59.26%.

A number of institutional investors have recently made changes to their positions in CRWS. Ariel Investments LLC bought a new position in shares of Crown Crafts in the second quarter valued at approximately $898,000. Renaissance Technologies LLC lifted its holdings in shares of Crown Crafts by 17.2% in the second quarter. Renaissance Technologies LLC now owns 356,440 shares of the textile maker’s stock valued at $2,032,000 after purchasing an additional 52,340 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Crown Crafts by 3.4% in the second quarter. North Star Investment Management Corp. now owns 668,703 shares of the textile maker’s stock valued at $3,812,000 after purchasing an additional 22,089 shares in the last quarter. UBS Group AG lifted its holdings in shares of Crown Crafts by 231.4% in the first quarter. UBS Group AG now owns 20,987 shares of the textile maker’s stock valued at $124,000 after purchasing an additional 14,655 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Crown Crafts by 14.0% in the fourth quarter. Deutsche Bank AG now owns 64,602 shares of the textile maker’s stock valued at $416,000 after purchasing an additional 7,945 shares in the last quarter. 37.14% of the stock is owned by hedge funds and other institutional investors.

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; 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.

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