Weber Alan W maintained its stake in shares of Delta Apparel, Inc. (NYSEMKT:DLA) during the second quarter, Holdings Channel reports. The firm owned 41,030 shares of the textile maker’s stock at the end of the second quarter. Weber Alan W’s holdings in Delta Apparel were worth $910,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. increased its stake in shares of Delta Apparel by 19.6% in the second quarter. Russell Investments Group Ltd. now owns 269,321 shares of the textile maker’s stock valued at $5,973,000 after buying an additional 44,205 shares during the last quarter. Bragg Financial Advisors Inc increased its stake in Delta Apparel by 0.8% in the first quarter. Bragg Financial Advisors Inc now owns 68,444 shares of the textile maker’s stock valued at $1,207,000 after buying an additional 570 shares in the last quarter. Bank of America Corp DE increased its stake in Delta Apparel by 20.2% in the first quarter. Bank of America Corp DE now owns 22,407 shares of the textile maker’s stock valued at $395,000 after buying an additional 3,765 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Delta Apparel during the first quarter valued at about $291,000. Finally, California Public Employees Retirement System increased its stake in Delta Apparel by 26.4% in the first quarter. California Public Employees Retirement System now owns 29,700 shares of the textile maker’s stock valued at $524,000 after buying an additional 6,200 shares in the last quarter.

Shares of Delta Apparel, Inc. (NYSEMKT DLA) opened at 19.70 on Thursday. The firm has a market cap of $147.51 million, a P/E ratio of 14.60 and a beta of 0.07. The company has a 50 day moving average price of $21.18 and a 200-day moving average price of $19.08. Delta Apparel, Inc. has a 52-week low of $14.85 and a 52-week high of $23.47.

Delta Apparel (NYSEMKT:DLA) last posted its earnings results on Tuesday, August 1st. The textile maker reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.68 by $0.11. Delta Apparel had a return on equity of 11.95% and a net margin of 4.37%. The business had revenue of $104.28 million during the quarter, compared to analyst estimates of $100.44 million. On average, analysts expect that Delta Apparel, Inc. will post $1.25 earnings per share for the current fiscal year.

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Several analysts have issued reports on the company. Zacks Investment Research downgraded Delta Apparel from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. Roth Capital set a $24.00 price target on Delta Apparel and gave the company a “buy” rating in a research note on Wednesday, August 2nd.

Delta Apparel Company Profile

Delta Apparel, Inc is an apparel design, marketing, manufacturing and sourcing company. The Company operates through two segments: branded and basics. The branded segment consists of its business units, which are focused on specialized apparel garments and headwear. Its products are marketed under its lifestyle brands of Salt Life, Soffe and COAST, as well as other labels.

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

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