Nisa Investment Advisors LLC Has $622,000 Holdings in Flowers Foods, Inc. (NYSE:FLO)

Nisa Investment Advisors LLC decreased its stake in shares of Flowers Foods, Inc. (NYSE:FLO - Free Report) by 39.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,106 shares of the company's stock after selling 19,270 shares during the period. Nisa Investment Advisors LLC's holdings in Flowers Foods were worth $622,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Hexagon Capital Partners LLC bought a new position in shares of Flowers Foods during the third quarter worth about $29,000. Blue Trust Inc. lifted its holdings in Flowers Foods by 18,254.5% in the third quarter. Blue Trust Inc. now owns 2,019 shares of the company's stock worth $45,000 after acquiring an additional 2,008 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Flowers Foods in the third quarter worth about $52,000. Brooklyn Investment Group lifted its holdings in Flowers Foods by 171.8% in the fourth quarter. Brooklyn Investment Group now owns 2,623 shares of the company's stock worth $54,000 after acquiring an additional 1,658 shares during the last quarter. Finally, Quest Partners LLC lifted its holdings in Flowers Foods by 329,400.0% in the third quarter. Quest Partners LLC now owns 3,295 shares of the company's stock worth $76,000 after acquiring an additional 3,294 shares during the last quarter. Institutional investors own 75.45% of the company's stock.

Flowers Foods Stock Performance

Shares of NYSE:FLO traded down $0.17 during trading hours on Friday, hitting $19.56. The stock had a trading volume of 2,231,138 shares, compared to its average volume of 1,809,043. The stock's fifty day simple moving average is $20.70 and its 200 day simple moving average is $21.97. Flowers Foods, Inc. has a 1-year low of $18.90 and a 1-year high of $26.12. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 17.16, a PEG ratio of 3.78 and a beta of 0.39. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 1.24.

Flowers Foods (NYSE:FLO - Get Free Report) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. Flowers Foods had a net margin of 4.70% and a return on equity of 19.41%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the business earned $0.29 earnings per share. Flowers Foods's revenue was down .7% compared to the same quarter last year. Sell-side analysts anticipate that Flowers Foods, Inc. will post 1.27 earnings per share for the current fiscal year.

Flowers Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.91%. Flowers Foods's dividend payout ratio 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 report on Friday, December 20th.

About Flowers Foods

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.