Barclays PLC Cuts Stake in Delta Apparel, Inc. (NYSEAMERICAN:DLA)

Barclays PLC lowered its stake in shares of Delta Apparel, Inc. (NYSEAMERICAN:DLA) by 8.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,629 shares of the textile maker’s stock after selling 1,096 shares during the period. Barclays PLC owned about 0.17% of Delta Apparel worth $316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Delta Apparel by 0.5% during the first quarter. BlackRock Inc. now owns 186,719 shares of the textile maker’s stock worth $5,066,000 after acquiring an additional 898 shares during the last quarter. Diametric Capital LP boosted its position in Delta Apparel by 4.1% during the fourth quarter. Diametric Capital LP now owns 23,817 shares of the textile maker’s stock worth $478,000 after acquiring an additional 932 shares during the last quarter. Renaissance Technologies LLC boosted its position in Delta Apparel by 2.7% during the first quarter. Renaissance Technologies LLC now owns 69,000 shares of the textile maker’s stock worth $1,872,000 after acquiring an additional 1,800 shares during the last quarter. Geode Capital Management LLC boosted its position in Delta Apparel by 4.2% during the first quarter. Geode Capital Management LLC now owns 46,797 shares of the textile maker’s stock worth $1,269,000 after acquiring an additional 1,885 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in Delta Apparel by 50.0% during the first quarter. Thompson Siegel & Walmsley LLC now owns 8,123 shares of the textile maker’s stock worth $220,000 after acquiring an additional 2,708 shares during the last quarter. 55.98% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded shares of Delta Apparel from a “hold” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a report on Monday.

Shares of DLA stock opened at $31.65 on Thursday. The business has a 50 day moving average of $21.43. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.93 and a current ratio of 2.58. Delta Apparel, Inc. has a one year low of $12.21 and a one year high of $35.26. The firm has a market cap of $220.76 million, a price-to-earnings ratio of -28.26 and a beta of 1.83.

Delta Apparel (NYSEAMERICAN:DLA) last issued its quarterly earnings data on Wednesday, May 5th. The textile maker reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Delta Apparel had a negative net margin of 1.92% and a negative return on equity of 4.55%. The firm had revenue of $108.63 million for the quarter, compared to analyst estimates of $108.20 million. Analysts forecast that Delta Apparel, Inc. will post 2.39 EPS for the current fiscal year.

Delta Apparel Company Profile

Delta Apparel, Inc engages in the design, merchandise, and marketing of lifestyle branded active wear apparel and headwear. It operates through the segments Delta Group and Salt Life Group segments. The Delta Group segment comprises of the business units DTG2Go, Delta Activewear, and Soffe, which are primarily focused on core activewear styles.

Recommended Story: What is the Gross Domestic Product (GDP)?

Want to see what other hedge funds are holding DLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Delta Apparel, Inc. (NYSEAMERICAN:DLA).

Institutional Ownership by Quarter for Delta Apparel (NYSEAMERICAN:DLA)

Receive News & Ratings for Delta Apparel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Apparel and related companies with MarketBeat.com's FREE daily email newsletter.