Flowers Foods, Inc. (NYSE:FLO) insider Brad K. Alexander sold 81,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $19.07, for a total value of $1,544,670.00. Following the sale, the insider now owns 245,412 shares of the company’s stock, valued at $4,680,006.84. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Flowers Foods, Inc. (FLO) traded up $0.61 during trading on Friday, reaching $20.16. The company’s stock had a trading volume of 3,421,100 shares, compared to its average volume of 1,376,241. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $4,150.00, a P/E ratio of 22.22, a PEG ratio of 3.73 and a beta of 1.00. Flowers Foods, Inc. has a 1 year low of $15.27 and a 1 year high of $21.00.

Flowers Foods (NYSE:FLO) last posted its earnings results on Wednesday, November 8th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $932.80 million during the quarter, compared to the consensus estimate of $915.55 million. Flowers Foods had a negative return on equity of 11.88% and a negative net margin of 3.60%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. equities research analysts forecast that Flowers Foods, Inc. will post 0.86 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 3.37%. Flowers Foods’s dividend payout ratio is presently 170.00%.

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Several institutional investors and hedge funds have recently modified their holdings of FLO. Wellington Management Group LLP bought a new position in shares of Flowers Foods during the first quarter worth about $762,000. Teachers Advisors LLC raised its position in shares of Flowers Foods by 42.5% during the first quarter. Teachers Advisors LLC now owns 237,312 shares of the company’s stock worth $4,606,000 after acquiring an additional 70,719 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Flowers Foods by 22.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,711,552 shares of the company’s stock worth $33,221,000 after acquiring an additional 309,420 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of Flowers Foods during the first quarter worth about $229,000. Finally, Tudor Investment Corp ET AL raised its position in shares of Flowers Foods by 38.3% during the first quarter. Tudor Investment Corp ET AL now owns 15,900 shares of the company’s stock worth $309,000 after acquiring an additional 4,400 shares during the last quarter. Institutional investors own 68.69% of the company’s stock.

Several analysts recently weighed in on the company. TheStreet downgraded Flowers Foods from a “b-” rating to a “c” rating in a research report on Thursday, November 9th. BMO Capital Markets upped their price objective on Flowers Foods from $19.00 to $20.00 and gave the stock a “market perform” rating in a research report on Wednesday. BidaskClub downgraded Flowers Foods from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. SunTrust Banks, Inc. restated a “hold” rating and set a $20.00 price objective on shares of Flowers Foods in a research report on Friday, November 10th. Finally, Zacks Investment Research upgraded Flowers Foods from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Monday. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Flowers Foods has a consensus rating of “Buy” and an average price target of $21.43.

Flowers Foods Company Profile

Flowers Foods, Inc is 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 DSD segment produces fresh breads, buns, rolls, tortillas and snack cakes sold primarily by a network of independent distributors to retail and foodservice customers in the areas of the United States: East, South, Southwest, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado.

Insider Buying and Selling by Quarter for Flowers Foods (NYSE:FLO)

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