Linden Thomas Advisory Services LLC Has $560,000 Stock Position in Flowers Foods, Inc. (NYSE:FLO)

Linden Thomas Advisory Services LLC reduced its stake in shares of Flowers Foods, Inc. (NYSE:FLO) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,093 shares of the company’s stock after selling 682 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Flowers Foods were worth $560,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FLO. Hexagon Capital Partners LLC bought a new stake in shares of Flowers Foods during the 3rd quarter worth $29,000. Blue Trust Inc. lifted its position in shares of Flowers Foods by 18,254.5% during the 3rd quarter. Blue Trust Inc. now owns 2,019 shares of the company’s stock worth $45,000 after buying an additional 2,008 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Flowers Foods during the 3rd quarter worth $52,000. Brooklyn Investment Group lifted its position in shares of Flowers Foods by 171.8% during the 4th quarter. Brooklyn Investment Group now owns 2,623 shares of the company’s stock worth $54,000 after buying an additional 1,658 shares during the last quarter. Finally, Quest Partners LLC lifted its position in shares of Flowers Foods by 329,400.0% during the 3rd quarter. Quest Partners LLC now owns 3,295 shares of the company’s stock worth $76,000 after buying an additional 3,294 shares during the last quarter. 75.45% of the stock is owned by institutional investors and hedge funds.

Flowers Foods Price Performance

Flowers Foods stock opened at $19.96 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $4.20 billion, a PE ratio of 17.50, a P/E/G ratio of 3.82 and a beta of 0.39. Flowers Foods, Inc. has a 12 month low of $18.90 and a 12 month high of $26.12. The stock has a 50-day moving average price of $20.94 and a two-hundred day moving average price of $22.04.

Flowers Foods (NYSE:FLO) last posted its earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $1.19 billion during 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 business’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $0.29 earnings per share. Analysts expect that Flowers Foods, Inc. will post 1.27 EPS for the current year.

Flowers Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.24 per share. The ex-dividend date was Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.81%. Flowers Foods’s dividend payout ratio (DPR) is 84.21%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Flowers Foods from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 20th.

Flowers Foods Company 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.