Imprint Wealth LLC Buys 818 Shares of Flowers Foods, Inc. (NYSE:FLO)

Imprint Wealth LLC increased its stake in Flowers Foods, Inc. (NYSE:FLO) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,490 shares of the company’s stock after purchasing an additional 818 shares during the period. Imprint Wealth LLC’s holdings in Flowers Foods were worth $326,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in Flowers Foods by 0.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 40,676 shares of the company’s stock valued at $1,004,000 after purchasing an additional 342 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Flowers Foods by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 52,289 shares of the company’s stock valued at $1,376,000 after buying an additional 364 shares in the last quarter. Mastrapasqua Asset Management Inc. lifted its position in Flowers Foods by 5.1% during the 3rd quarter. Mastrapasqua Asset Management Inc. now owns 9,800 shares of the company’s stock valued at $217,000 after acquiring an additional 474 shares during the period. HighTower Advisors LLC boosted its stake in Flowers Foods by 1.2% during the first quarter. HighTower Advisors LLC now owns 42,585 shares of the company’s stock worth $1,169,000 after acquiring an additional 485 shares in the last quarter. Finally, Gladius Capital Management LP grew its holdings in Flowers Foods by 46.4% in the third quarter. Gladius Capital Management LP now owns 1,539 shares of the company’s stock worth $34,000 after purchasing an additional 488 shares during the period. 75.45% of the stock is currently owned by institutional investors.

Insider Activity at Flowers Foods

In related news, insider Terry S. Thomas sold 36,577 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $23.11, for a total transaction of $845,294.47. Following the completion of the transaction, the insider now directly owns 42,740 shares of the company’s stock, valued at $987,721.40. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, insider Terry S. Thomas sold 36,577 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $23.11, for a total transaction of $845,294.47. Following the completion of the transaction, the insider now directly owns 42,740 shares of the company’s stock, valued at $987,721.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Edward J. Jr. Casey acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were bought at an average price of $23.55 per share, for a total transaction of $117,750.00. Following the completion of the transaction, the director now owns 20,330 shares of the company’s stock, valued at $478,771.50. The disclosure for this purchase can be found here. 11.49% of the stock is owned by corporate insiders.

Flowers Foods Stock Up 1.1 %

Flowers Foods stock opened at $23.17 on Wednesday. The stock has a market cap of $4.89 billion, a PE ratio of 39.95, a price-to-earnings-growth ratio of 4.32 and a beta of 0.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.76 and a current ratio of 1.04. Flowers Foods, Inc. has a one year low of $19.64 and a one year high of $29.10. The stock has a fifty day moving average of $22.90 and a 200 day moving average of $22.27.

Flowers Foods (NYSE:FLO) last released its quarterly earnings data on Friday, February 9th. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Flowers Foods had a return on equity of 18.15% and a net margin of 2.42%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the company posted $0.23 earnings per share. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts predict that Flowers Foods, Inc. will post 1.25 EPS for the current year.

Flowers Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date was Thursday, February 29th. Flowers Foods’s payout ratio is presently 158.62%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FLO. DA Davidson started coverage on Flowers Foods in a research note on Friday, March 1st. They issued a “neutral” rating and a $24.00 price target on the stock. StockNews.com upgraded Flowers Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, April 9th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Flowers Foods presently has an average rating of “Hold” and a consensus price target of $24.00.

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.