GSA Capital Partners LLP Makes New $1.13 Million Investment in Flowers Foods, Inc. (NYSE:FLO)

GSA Capital Partners LLP purchased a new stake in Flowers Foods, Inc. (NYSE:FLO - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 48,816 shares of the company's stock, valued at approximately $1,126,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Signaturefd LLC increased its stake in shares of Flowers Foods by 2.0% in the second quarter. Signaturefd LLC now owns 23,779 shares of the company's stock worth $528,000 after purchasing an additional 466 shares in the last quarter. Taylor Frigon Capital Management LLC raised its stake in Flowers Foods by 1.0% in the second quarter. Taylor Frigon Capital Management LLC now owns 52,779 shares of the company's stock valued at $1,172,000 after purchasing an additional 500 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Flowers Foods by 2.9% during the second quarter. Commonwealth Equity Services LLC now owns 21,728 shares of the company's stock valued at $482,000 after purchasing an additional 603 shares in the last quarter. Arcadia Investment Management Corp MI grew its position in Flowers Foods by 1.4% during the second quarter. Arcadia Investment Management Corp MI now owns 45,165 shares of the company's stock valued at $1,003,000 after acquiring an additional 625 shares during the last quarter. Finally, Inspire Investing LLC grew its holdings in shares of Flowers Foods by 5.6% during the 2nd quarter. Inspire Investing LLC now owns 15,924 shares of the company's stock valued at $354,000 after purchasing an additional 842 shares during the last quarter. 75.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised Flowers Foods from a "buy" rating to a "strong-buy" rating in a research note on Monday.

Flowers Foods Trading Down 1.2 %

NYSE FLO traded down $0.26 on Friday, hitting $21.57. The company's stock had a trading volume of 1,986,141 shares, compared to its average volume of 1,179,797. The company's 50-day simple moving average is $22.68 and its 200 day simple moving average is $22.92. Flowers Foods, Inc. has a 52-week low of $20.50 and a 52-week high of $26.12. The firm has a market cap of $4.54 billion, a P/E ratio of 18.92, a PEG ratio of 4.12 and a beta of 0.36. The company has a current ratio of 1.24, a quick ratio of 0.91 and a debt-to-equity ratio of 0.75.

Flowers Foods (NYSE:FLO - Get Free Report) last posted its earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, topping 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 firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period last year, the company posted $0.29 EPS. The company's quarterly revenue was down .7% compared to the same quarter last year. Research analysts predict that Flowers Foods, Inc. will post 1.27 EPS for the current fiscal year.

Flowers Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 4.45%. Flowers Foods's dividend payout ratio is currently 84.21%.

Flowers Foods Company 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.