Flowers Foods Inc. (NYSE:FLO)’s share price fell 2.9% on Tuesday . The company traded as low as $18.90 and last traded at $18.91, with a volume of 2,117,920 shares traded. The stock had previously closed at $19.47.

A number of brokerages have weighed in on FLO. BMO Capital Markets reiterated a “hold” rating and set a $19.00 target price on shares of Flowers Foods in a research report on Friday, May 20th. Zacks Investment Research downgraded shares of Flowers Foods from a “hold” rating to a “sell” rating in a report on Monday. KeyCorp initiated coverage on shares of Flowers Foods in a report on Wednesday, May 25th. They issued a “sector weight” rating on the stock. Finally, Jefferies Group reissued a “buy” rating and issued a $20.00 price target on shares of Flowers Foods in a report on Saturday, April 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Flowers Foods presently has an average rating of “Hold” and an average price target of $19.86.

The company has a market cap of $4.01 billion and a price-to-earnings ratio of 21.25. The firm’s 50 day moving average price is $18.50 and its 200 day moving average price is $18.69.

Flowers Foods (NYSE:FLO) last issued its earnings results on Wednesday, May 18th. The company reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by $0.01. The business earned $1.02 billion during the quarter. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $0.29 earnings per share. On average, analysts anticipate that Flowers Foods Inc. will post $1.01 EPS for the current fiscal year.

In other Flowers Foods news, SVP Robert L. Benton, Jr. sold 12,065 shares of the business’s stock in a transaction dated Thursday, June 30th. The stock was sold at an average price of $18.49, for a total transaction of $223,081.85. Following the completion of the sale, the senior vice president now directly owns 65,610 shares in the company, valued at approximately $1,213,128.90. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert B. Hysell sold 23,700 shares of the business’s stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $18.71, for a total value of $443,427.00. Following the sale, the insider now owns 83,554 shares of the company’s stock, valued at $1,563,295.34. The disclosure for this sale can be found here.

Other large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Flowers Foods by 6.3% in the fourth quarter. Vanguard Group Inc. now owns 14,532,095 shares of the company’s stock worth $312,295,000 after buying an additional 855,280 shares in the last quarter. Schroder Investment Management Group increased its stake in Flowers Foods by 127.5% in the fourth quarter. Schroder Investment Management Group now owns 938,300 shares of the company’s stock worth $20,164,000 after buying an additional 525,800 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Flowers Foods by 9,096.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 268,620 shares of the company’s stock worth $5,773,000 after buying an additional 265,699 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in Flowers Foods by 32.8% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 718,185 shares of the company’s stock worth $15,435,000 after buying an additional 177,560 shares in the last quarter. Finally, Westfield Capital Management Co. LP increased its stake in Flowers Foods by 72.8% in the fourth quarter. Westfield Capital Management Co. LP now owns 318,740 shares of the company’s stock worth $6,850,000 after buying an additional 134,320 shares in the last quarter.

Flowers Foods, Inc is a producer and marketer of bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The DSD segment’s production plant locations include Birmingham, Alabama; Opelika, Alabama; Tuscaloosa, Alabama; Goldsboro, North Carolina; Jamestown, North Carolina, and Oxford, Pennsylvania.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.