Brooklyn Investment Group Has $54,000 Position in Flowers Foods, Inc. (NYSE:FLO)

Brooklyn Investment Group boosted its position in Flowers Foods, Inc. (NYSE:FLO) by 171.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,623 shares of the company’s stock after buying an additional 1,658 shares during the quarter. Brooklyn Investment Group’s holdings in Flowers Foods were worth $54,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of FLO. AQR Capital Management LLC raised its holdings in shares of Flowers Foods by 65.6% in the second quarter. AQR Capital Management LLC now owns 1,314,556 shares of the company’s stock valued at $29,104,000 after purchasing an additional 520,661 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Flowers Foods in the 2nd quarter valued at $10,392,000. Geode Capital Management LLC lifted its position in Flowers Foods by 6.6% during the 3rd quarter. Geode Capital Management LLC now owns 4,159,076 shares of the company’s stock worth $95,971,000 after buying an additional 259,216 shares in the last quarter. Ceredex Value Advisors LLC boosted its stake in shares of Flowers Foods by 85.4% during the 3rd quarter. Ceredex Value Advisors LLC now owns 540,104 shares of the company’s stock worth $12,460,000 after buying an additional 248,800 shares during the last quarter. Finally, Edgestream Partners L.P. grew its holdings in shares of Flowers Foods by 423.1% in the 3rd quarter. Edgestream Partners L.P. now owns 306,848 shares of the company’s stock valued at $7,079,000 after acquiring an additional 248,185 shares in the last quarter. Institutional investors own 75.45% of the company’s stock.

Flowers Foods Stock Performance

Shares of FLO stock opened at $19.42 on Monday. The stock has a market cap of $4.09 billion, a P/E ratio of 17.03, a P/E/G ratio of 3.49 and a beta of 0.39. The company has a fifty day moving average price of $21.13 and a two-hundred day moving average price of $22.11. Flowers Foods, Inc. has a one year low of $18.90 and a one year high of $26.12. 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 posted its quarterly earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the company posted $0.29 earnings per share. Flowers Foods’s quarterly revenue was down .7% on a year-over-year basis. As a group, equities analysts predict 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. Shareholders 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 dividend yield of 4.94%. Flowers Foods’s dividend payout ratio is currently 84.21%.

Analyst Ratings Changes

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

About Flowers Foods

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.