Quantinno Capital Management LP Acquires 40,691 Shares of Flowers Foods, Inc. (NYSE:FLO)

Quantinno Capital Management LP increased its position in shares of Flowers Foods, Inc. (NYSE:FLO - Free Report) by 20.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 238,664 shares of the company's stock after purchasing an additional 40,691 shares during the period. Quantinno Capital Management LP owned 0.11% of Flowers Foods worth $5,506,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. CWM LLC grew its holdings in Flowers Foods by 1,006.9% during the 2nd quarter. CWM LLC now owns 11,567 shares of the company's stock valued at $257,000 after buying an additional 10,522 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Flowers Foods during the 2nd quarter valued at about $1,619,000. Signature Wealth Management Group grew its position in shares of Flowers Foods by 0.9% during the second quarter. Signature Wealth Management Group now owns 159,605 shares of the company's stock valued at $3,543,000 after purchasing an additional 1,488 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Flowers Foods by 267.5% during the second quarter. Assenagon Asset Management S.A. now owns 204,371 shares of the company's stock valued at $4,537,000 after buying an additional 148,753 shares during the last quarter. Finally, Boston Trust Walden Corp increased its stake in Flowers Foods by 1.2% in the 2nd quarter. Boston Trust Walden Corp now owns 4,623,017 shares of the company's stock worth $102,631,000 after acquiring an additional 54,757 shares during the last quarter. Hedge funds and other institutional investors own 75.45% of the company's stock.

Flowers Foods Trading Down 1.4 %

FLO traded down $0.32 on Friday, hitting $21.94. The company had a trading volume of 1,367,489 shares, compared to its average volume of 1,474,882. The business's fifty day simple moving average is $22.38 and its 200 day simple moving average is $22.61. The company has a quick ratio of 0.95, a current ratio of 1.24 and a debt-to-equity ratio of 0.75. Flowers Foods, Inc. has a 12-month low of $21.20 and a 12-month high of $26.12. The company has a market cap of $4.62 billion, a PE ratio of 19.25, a PEG ratio of 4.26 and a beta of 0.37.

Flowers Foods (NYSE:FLO - Get Free Report) last announced its earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The company's quarterly revenue was down .7% on a year-over-year basis. Equities research analysts expect that Flowers Foods, Inc. will post 1.27 EPS for the current year.

Flowers Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, November 29th. Flowers Foods's dividend payout ratio is currently 84.21%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Flowers Foods from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, November 19th.

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.