Flowers Foods, Inc. (NYSE:FLO) Shares Acquired by ClearAlpha Technologies LP

ClearAlpha Technologies LP lifted its holdings in Flowers Foods, Inc. (NYSE:FLO) by 4.4% during the third quarter, Holdings Channel reports. The fund owned 14,013 shares of the company’s stock after buying an additional 590 shares during the quarter. ClearAlpha Technologies LP’s holdings in Flowers Foods were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC boosted its holdings in Flowers Foods by 2.0% in the second quarter. Signaturefd LLC now owns 23,779 shares of the company’s stock valued at $528,000 after purchasing an additional 466 shares during the last quarter. Taylor Frigon Capital Management LLC lifted its holdings in shares of Flowers Foods by 1.0% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 52,779 shares of the company’s stock valued at $1,172,000 after buying an additional 500 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Flowers Foods by 4.4% in the third quarter. D.A. Davidson & CO. now owns 11,819 shares of the company’s stock worth $273,000 after buying an additional 500 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Flowers Foods by 2.9% during the second quarter. Commonwealth Equity Services LLC now owns 21,728 shares of the company’s stock worth $482,000 after acquiring an additional 603 shares during the period. Finally, Arcadia Investment Management Corp MI raised its position in Flowers Foods by 1.4% during the second quarter. Arcadia Investment Management Corp MI now owns 45,165 shares of the company’s stock valued at $1,003,000 after acquiring an additional 625 shares in the last quarter. Hedge funds and other institutional investors own 75.45% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Flowers Foods from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th.

Flowers Foods Trading Down 0.5 %

Shares of Flowers Foods stock opened at $22.62 on Monday. The firm has a 50-day simple moving average of $22.44 and a two-hundred day simple moving average of $22.67. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 1.24. Flowers Foods, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $26.12. The company has a market cap of $4.76 billion, a P/E ratio of 19.84, a price-to-earnings-growth ratio of 4.31 and a beta of 0.36.

Flowers Foods (NYSE:FLO) last released its quarterly earnings results on Friday, November 8th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. Flowers Foods’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 EPS. As a group, equities analysts predict that Flowers Foods, Inc. will post 1.27 earnings per share for the current fiscal year.

Flowers Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.24%. Flowers Foods’s dividend payout ratio (DPR) is 84.21%.

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.