Tidal Investments LLC Has $629,000 Stock Holdings in Flowers Foods, Inc. (NYSE:FLO)

Tidal Investments LLC boosted its stake in Flowers Foods, Inc. (NYSE:FLO) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,266 shares of the company’s stock after buying an additional 1,261 shares during the quarter. Tidal Investments LLC’s holdings in Flowers Foods were worth $629,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FLO. Signaturefd LLC raised its holdings in shares of Flowers Foods by 2.0% during the second quarter. Signaturefd LLC now owns 23,779 shares of the company’s stock worth $528,000 after acquiring an additional 466 shares in the last quarter. Taylor Frigon Capital Management LLC increased its position in Flowers Foods by 1.0% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 52,779 shares of the company’s stock worth $1,172,000 after purchasing an additional 500 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of Flowers Foods by 4.4% during the 3rd quarter. D.A. Davidson & CO. now owns 11,819 shares of the company’s stock worth $273,000 after purchasing an additional 500 shares in the last quarter. ClearAlpha Technologies LP lifted its holdings in shares of Flowers Foods by 4.4% during the 3rd quarter. ClearAlpha Technologies LP now owns 14,013 shares of the company’s stock valued at $323,000 after buying an additional 590 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Flowers Foods by 2.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,728 shares of the company’s stock valued at $482,000 after buying an additional 603 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Flowers Foods Price Performance

NYSE FLO opened at $20.45 on Friday. Flowers Foods, Inc. has a fifty-two week low of $20.36 and a fifty-two week high of $26.12. The stock’s 50-day moving average is $22.08 and its two-hundred day moving average is $22.46. The firm has a market cap of $4.31 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 4.04 and a beta of 0.37. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.24 and a quick ratio of 0.95.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.20 billion. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. The firm’s revenue was down .7% compared to the same quarter last year. During the same period last year, the business earned $0.29 EPS. On average, analysts anticipate that Flowers Foods, Inc. will post 1.27 earnings per share for the current fiscal year.

Flowers Foods Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.96 annualized dividend and a yield of 4.69%. Flowers Foods’s dividend payout ratio (DPR) is presently 84.21%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Flowers Foods from a “strong-buy” rating to a “buy” rating in a research report on Friday.

Flowers Foods Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.