Flowers Foods, Inc. (FLO) Announces Quarterly Dividend of $0.17

Lloyd Doyle
November 18, 2017

In the latest earnings report the EPS was $0.40 with 209.61M shares now outstanding. Shares are clocking price at $19.55 with change of -0.10%.

Analyzing the technical facts, Flowers Foods, Inc. (NYSE:FLO). Great West Life Assurance Communication Can reported 110,870 shares. Carroll holds 0% of its portfolio in Flowers Foods, Inc.

Shares of Flowers Foods, Inc.

Several equities analysts have weighed in on FLO shares. Suntrust Robinson downgraded the shares of FLO in report on Thursday, February 11 to "Neutral" rating. Glenmede Na, a Pennsylvania-based fund reported 2.52 million shares. 150,900 were accumulated by Lapides Asset Mngmt Limited Liability Company. Bluemountain Capital Management Lc invested 0.02% of its portfolio in Flowers Foods, Inc. (NYSE:FLO) for 95 shares.

Champlain Investment Partners, LLC says it increased its investment in Flowers Foods shares by 417,420 shares in the quarter ending 09/30/2017. UBS Asset Management Americas Inc. boosted its position in shares of Flowers Foods by 13.1% in the first quarter. 134.16 million shares or 0.14% more from 133.98 million shares in 2017Q1 were reported. The company has a consensus rating of "Hold" and a consensus price target of $19.60. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005). Flowers Foods, Inc. (FLO) average trading volume of 1,388,105 during the past month is 2.64% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. Boyd Gaming Corporation (NYSE:BYD) has risen 35.92% since November 17, 2016 and is uptrending. It has underperformed by 20.39% the S&P500.The move comes after 9 months negative chart setup for the $4.14 billion company.

August 31 investment analysts at Jefferies Group LLC kept the stock rating at "Hold" with a current price target of $19.00. Therefore 42% are positive. BidaskClub upgraded shares of Flowers Foods from a "hold" rating to a "buy" rating in a report on Tuesday, July 25th. SMITH KEITH sold $1.28M worth of stock or 49,995 shares. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The rating was upgraded by Pivotal Research on Thursday, November 9 to "Buy". (NYSE:FLO) rating on Tuesday, September 22. Stifel Nicolaus has "Hold" rating and $30 target. The average return on assets for companies in the same sector is 26.74. Investors expect the good YTD performance from the stock. (FLO) traded up $0.61 during trading on Thursday, hitting $20.16. Jefferies downgraded the shares of FLO in report on Friday, July 28 to "Hold" rating.

Flowers Foods, Inc. (NYSE:FLO) has a beta of 1.07, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. Corporate insiders own 15.81% of the company's stock. The Chief Supply Chain Officer now owns $1,185,832 of the stock per the Form 4 SEC filing.

Flowers Foods, a producer and marketer of packaged bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The DSD segment produces fresh breads, buns, rolls, tortillas and snack cakes sold primarily by a network of independent distributors to retail and foodservice clients in the areas of the United States: East, South, Southwest, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado. In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. More interesting news about Flowers Foods, Inc.

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