Fox Run Management L.L.C. acquired a new stake in shares of Interface, Inc. (NASDAQ:TILE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,909 shares of the textile maker’s stock, valued at approximately $249,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Algert Global LLC increased its holdings in shares of Interface by 488.0% during the 3rd quarter. Algert Global LLC now owns 127,950 shares of the textile maker’s stock valued at $2,802,000 after acquiring an additional 106,191 shares during the last quarter. Walthausen & Co. LLC increased its holdings in shares of Interface by 7.2% during the 3rd quarter. Walthausen & Co. LLC now owns 616,290 shares of the textile maker’s stock valued at $13,497,000 after acquiring an additional 41,520 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Interface during the 3rd quarter valued at about $6,684,000. Zions Bancorporation acquired a new position in shares of Interface during the 3rd quarter valued at about $118,000. Finally, OxFORD Asset Management LLP increased its holdings in shares of Interface by 22.9% during the 3rd quarter. OxFORD Asset Management LLP now owns 37,610 shares of the textile maker’s stock valued at $829,000 after acquiring an additional 7,010 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

TILE has been the topic of a number of analyst reports. Stifel Nicolaus reissued a “hold” rating and set a $23.00 price objective on shares of Interface in a report on Thursday, October 26th. Nomura increased their price objective on Interface from $24.00 to $28.00 and gave the company a “buy” rating in a report on Friday, October 27th. Zacks Investment Research raised Interface from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Saturday, October 28th. BidaskClub lowered Interface from a “buy” rating to a “hold” rating in a report on Thursday, December 14th. Finally, ValuEngine raised Interface from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $25.67.

Shares of Interface, Inc. (NASDAQ:TILE) opened at $26.15 on Monday. The stock has a market capitalization of $1,548.45, a P/E ratio of 30.77 and a beta of 1.35. The company has a quick ratio of 1.40, a current ratio of 2.51 and a debt-to-equity ratio of 0.66. Interface, Inc. has a fifty-two week low of $17.17 and a fifty-two week high of $26.25.

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About Interface

Interface Inc is engaged in design, production and sale of modular carpet, also known as carpet tile. As of January 1, 2017, the Company marketed its modular carpets in over 110 countries under the brand names Interface and FLOR. The Company operates through three segments: Americas, Europe and Asia-Pacific.

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Institutional Ownership by Quarter for Interface (NASDAQ:TILE)

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