Flowers Foods, Inc. $FLO Shares Sold by Measured Risk Portfolios Inc.

Measured Risk Portfolios Inc. lowered its position in shares of Flowers Foods, Inc. (NYSE:FLO) by 65.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,236 shares of the company’s stock after selling 73,301 shares during the period. Measured Risk Portfolios Inc.’s holdings in Flowers Foods were worth $416,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLO. Integrated Wealth Concepts LLC acquired a new position in shares of Flowers Foods during the first quarter worth $499,000. Millennium Management LLC grew its stake in shares of Flowers Foods by 209.6% during the first quarter. Millennium Management LLC now owns 949,688 shares of the company’s stock worth $18,054,000 after purchasing an additional 642,942 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Flowers Foods by 7.2% during the first quarter. Goldman Sachs Group Inc. now owns 976,456 shares of the company’s stock worth $18,562,000 after purchasing an additional 65,258 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Flowers Foods by 10.6% during the first quarter. Empowered Funds LLC now owns 150,404 shares of the company’s stock worth $2,859,000 after purchasing an additional 14,476 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Flowers Foods by 12.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 744,714 shares of the company’s stock worth $14,157,000 after purchasing an additional 81,066 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Insider Buying and Selling at Flowers Foods

In other news, CEO Ryals Mcmullian sold 209,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $8.03, for a total transaction of $1,678,270.00. Following the completion of the sale, the chief executive officer owned 813,380 shares in the company, valued at approximately $6,531,441.40. This represents a 20.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.57% of the company’s stock.

Wall Street Analyst Weigh In

FLO has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Flowers Foods from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on Flowers Foods from $11.00 to $7.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Zacks Research lowered Flowers Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. Stephens set a $11.00 price objective on Flowers Foods in a report on Wednesday, February 18th. Finally, BNP Paribas Exane dropped their price objective on Flowers Foods from $10.00 to $8.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. Four research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $11.17.

Flowers Foods Stock Performance

Shares of FLO stock opened at $8.76 on Tuesday. The stock’s 50-day moving average is $9.02 and its two-hundred day moving average is $10.56. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 21.90 and a beta of 0.39. Flowers Foods, Inc. has a 1 year low of $7.86 and a 1 year high of $18.53. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.54 and a current ratio of 0.75.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Flowers Foods had a return on equity of 16.61% and a net margin of 1.59%.The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 earnings per share. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. Analysts predict that Flowers Foods, Inc. will post 0.86 earnings per share for the current year.

Flowers Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid a dividend of $0.2475 per share. The ex-dividend date was Friday, March 6th. This represents a $0.99 annualized dividend and a dividend yield of 11.3%. Flowers Foods’s dividend payout ratio is 247.50%.

About Flowers Foods

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.