<div id="readability-page-1"><p>SummerHaven Investment Management LLC acquired a new stake in shares of  Interface, Inc. (NASDAQ:TILE - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The firm acquired 38,076 shares of the textile maker's stock, valued at approximately $1,102,000. Interface makes up  about  0.6% of SummerHaven Investment Management LLC's portfolio, making the stock its 18th biggest position. SummerHaven Investment Management LLC owned approximately 0.07% of Interface at the end of the most recent reporting period.</p><ul><li>How to Choose a Brokerage Account or Online Broker</li></ul><p>Other large investors also recently added to or reduced their stakes in the company. CX Institutional bought a new position in shares of  Interface during the 3rd quarter valued at $9,696,000.  Allspring Global Investments Holdings LLC increased its position in  Interface by 1,114.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 289,261 shares of the textile maker's stock worth $8,371,000 after buying an additional 265,440 shares during the last quarter.  Cubist Systematic Strategies LLC raised its holdings in  Interface by 108.5% during the second quarter. Cubist Systematic Strategies LLC now owns 300,203 shares of the textile maker's stock valued at $6,283,000 after buying an additional 156,220 shares in the last quarter.  CSM Advisors LLC acquired a new stake in shares of  Interface in the second quarter worth about $2,623,000.  Finally, First Trust Advisors LP bought a new stake in shares of  Interface during the 2nd quarter worth about $2,345,000. 98.34% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>Several equities research analysts recently weighed in on TILE shares. Zacks Research lowered Interface from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Tuesday, December 30th. Weiss Ratings downgraded shares of Interface from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a report on Wednesday, December 24th. Barrington Research raised their target price on shares of Interface from $32.00 to $36.00 and gave the company an &#34;outperform&#34; rating in a research note on Friday, January 23rd. Finally, Wall Street Zen lowered shares of Interface from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Sunday, November 16th. One analyst  has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and an average price target of $36.00.</p><p><b>Read Our Latest Stock Analysis on Interface</b></p><h2>Interface Price Performance</h2><p>Shares of Interface stock opened at $31.21 on Wednesday. The firm has a fifty day moving average price of $28.72 and a two-hundred day moving average price of $27.05. Interface, Inc. has a fifty-two week low of $17.24 and a fifty-two week high of $32.15. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.89 and a quick ratio of 1.70. The company has a market cap of $1.82 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 1.05 and a beta of 1.90. </p><p>Interface (NASDAQ:TILE - Get Free Report) last announced its quarterly earnings data on Friday, October 31st. The textile maker reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.15. Interface had a net margin of 8.27% and a return on equity of 19.30%. The business had revenue of $364.53 million during the quarter, compared to analyst estimates of $358.19 million. During the same quarter in the prior year, the business earned $0.48 earnings per share. The firm's revenue for the quarter was up 5.9% on a year-over-year basis.  Analysts expect that  Interface, Inc. will post 1.37 EPS for the current year. </p><h2>Interface Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were given a dividend of $0.02 per share. The ex-dividend date was Friday, November 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.3%. Interface's payout ratio is currently 4.17%. </p><h2>Interface Company Profile</h2> (Free Report)<p>Interface, Inc <span>NASDAQ: TILE<span></span></span> is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface's portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.  </p><p>Founded in 1973 by Ray C.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Interface</li><li>America's Next Power Move Starts Underground</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>Nvidia’s 3 Secret Partners</li></ul><p><strong>Want to see what other hedge funds are holding TILE?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Interface, Inc. (NASDAQ:TILE - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VElMRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VElMRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Interface Right Now?</h2><p>Before you consider Interface, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Interface wasn't on the list.</p><p>While Interface currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TILE

<p>SummerHaven Investment Management LLC has acquired a new stake in Interface, Inc. (NASDAQ:TILE), purchasing 38,076 shares valued at approximately $1.1 million during Q3. This investment represents 0.6% of their portfolio. Other institutional investors have also increased their stakes in Interface. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and an average price target of $36. Interface reported a quarterly EPS of $0.61, exceeding estimates, and announced a quarterly dividend of $0.02 per share.</p>

SummerHaven Investment Management LLC Purchases New Position in Interface, Inc. $TILE