Natixis Advisors LLC Acquires 3,857 Shares of Flowers Foods, Inc. (NYSE:FLO)

Natixis Advisors LLC boosted its holdings in Flowers Foods, Inc. (NYSE:FLO) by 28.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,284 shares of the company’s stock after acquiring an additional 3,857 shares during the quarter. Natixis Advisors LLC’s holdings in Flowers Foods were worth $399,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FLO. Keynote Financial Services LLC bought a new position in Flowers Foods in the 1st quarter valued at about $224,000. GAMMA Investing LLC lifted its position in shares of Flowers Foods by 128.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,305 shares of the company’s stock worth $118,000 after buying an additional 2,980 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Flowers Foods by 7,694.7% during the 2nd quarter. Versant Capital Management Inc now owns 2,962 shares of the company’s stock worth $66,000 after buying an additional 2,924 shares in the last quarter. CWM LLC lifted its position in shares of Flowers Foods by 1,006.9% during the 2nd quarter. CWM LLC now owns 11,567 shares of the company’s stock worth $257,000 after buying an additional 10,522 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Flowers Foods during the 2nd quarter worth approximately $1,619,000. Institutional investors own 75.45% of the company’s stock.

Flowers Foods Trading Down 0.4 %

NYSE:FLO opened at $22.73 on Friday. 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 stock has a market capitalization of $4.79 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 4.33 and a beta of 0.36. The firm’s 50 day moving average is $22.46 and its 200 day moving average is $22.73. Flowers Foods, Inc. has a 12 month low of $20.50 and a 12 month high of $26.12.

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. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Flowers Foods had a net margin of 4.70% and a return on equity of 19.41%. Flowers Foods’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.29 EPS. Sell-side analysts expect that Flowers Foods, Inc. will post 1.27 earnings per share for the current year.

Flowers Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.22%. Flowers Foods’s dividend payout ratio (DPR) is presently 84.21%.

Analyst Upgrades and Downgrades

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

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.