Economy

Verition Fund Management LLC Takes $305000 Position in Flowers Foods, Inc. (FLO)

Flowers Foods shares have decreased roughly 10 percent since the beginning of the year. Archford Cap Strategies Ltd Limited Liability Company invested 0.33% in Flowers Foods, Inc. 134.16 million shares or 0.14% more from 133.98 million shares in 2017Q1 were reported. It is positive, as 31 investors sold Flowers Foods, Inc. shares while 70 reduced holdings. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). It has a 13.91 P/E ratio. The DSD segment produces fresh breads, buns, rolls, tortillas and snack cakes sold primarily by a network of independent distributors to retail and foodservice clients in the areas of the United States: East, South, Southwest, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado.

The stock 0.03% or $0 on November 6, reaching $17.99.

The biggest institutional shareholders in Flowers Foods, Inc. include Vanguard Group Inc which owns 16 million shares in the company valued at $269.44 million.

Flowers Foods (NYSE:FLO) last released its quarterly earnings data on Tuesday, November 7th. It has underperformed by 20.39% the S&P500.

Wall Street await Flowers Foods, Inc.

Flowers Foods expects full-year earnings in the range of 85 cents to 90 cents per share, with revenue in the range of $3.89 billion to $3.93 billion. 44,634 are held by Hyman Charles D. First Personal Financial Services invested in 0.01% or 2,600 shares. T. Rowe Price Associates, Inc.is the second biggest holder with 10 million shares now valued at 166.00 million whilst BlackRock Fund Advisors has 8 million shares valued at 147.01 million. During the same period in the prior year, the company earned $0.23 earnings per share. The stock has "Overweight" rating by KeyBanc Capital Markets on Thursday, December 15. Horizon Investment Limited Liability holds 0.29% of its portfolio in SCANA Corporation (NYSE:SCG) for 9,795 shares. Jolley Asset Management Llc, a North Carolina-based fund reported 233,730 shares.#img1#. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flowers Foods, Inc. with MarketBeat.com's FREE daily email newsletter.

Flowers Foods, Inc. has a 52-week low of $15.23 and a 52-week high of $21.00.

Tonja W. Taylor Sells 4,425 Shares of Flowers Foods Inc. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,710 shares of the company's stock worth $116,000 after buying an additional 629 shares in the last quarter. BMO Capital Markets downgraded Flowers Foods, Inc. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Jefferies has "Hold" rating and $1900 target. The firm has "Hold" rating given on Friday, July 28 by Jefferies. Flowers Foods has a consensus rating of "Buy" and an average price target of $19.67. The rating was maintained by Jefferies on Friday, May 26 with "Buy". (NYSE:FLO) opened at 16.18 on Wednesday. Advisors Asset Management Inc. now owns 7,524 shares of the company's stock valued at $141,000 after buying an additional 1,194 shares in the last quarter. Finally, BMO Capital Markets reaffirmed a "hold" rating and issued a $19.00 target price on shares of Flowers Foods in a research note on Thursday, July 20th. BMO Capital Markets has "Market Perform" rating and $18 target. (NYSE:FLO) rating on Friday, February 12. Pivotal Research upgraded it to "Hold" rating and $17 target in Friday, December 9 report. The rating was downgraded by Suntrust Robinson to "Neutral" on Thursday, February 11. Nasdaq.com's article titled: "Flowers Foods Inc.: Announces Conference Call and Webcast Third Quarter 2017 ..." and published on October 25, 2017 is yet another important article.



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