Dividend To Observe: Will Dec 16, 2016 be the day Flowers Foods, Inc. (NYSE:FLO) makes dividends of $0.16?

Dividend To Observe: Will Dec 16, 2016 be the day Flowers Foods, Inc. (NYSE:FLO) makes dividends of $0.16?

Flowers Foods, Inc. (NYSE:FLO) is expected to pay $0.16 on Dec 16, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Flowers Foods, Inc.’s current price of $15.78, the dividend is 1.01%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 18, 2016. The stock decreased 1.13% or $0.18 during the last trading session, hitting $15.78. Flowers Foods, Inc. (NYSE:FLO) has declined 16.95% since April 26, 2016 and is downtrending. It has underperformed by 22.21% the S&P500.

Flowers Foods, Inc. is a producer and marketer of bakery products. The company has a market cap of $3.35 billion. The Firm operates in two divisions: direct-store-delivery segment and warehouse delivery segment (Warehouse Segment). It has a 18.21 P/E ratio. The DSD segment’s production plant locations include Birmingham, Alabama; Opelika, Alabama; Tuscaloosa, Alabama; Goldsboro, North Carolina; Jamestown, North Carolina, and Oxford, Pennsylvania.

Insitutional Activity: The institutional sentiment increased to 1.25 in Q2 2016. Its up 0.05, from 1.2 in 2016Q1. The ratio is positive, as 32 funds sold all Flowers Foods, Inc. shares owned while 85 reduced positions. 36 funds bought stakes while 104 increased positions. They now own 140.90 million shares or 5.99% more from 132.93 million shares in 2016Q1.
Thrivent Finance For Lutherans owns 975,905 shares or 0.09% of their US portfolio. Sg Americas Secs Limited Liability has invested 0.01% of its portfolio in Flowers Foods, Inc. (NYSE:FLO). Century Companies Inc has invested 0.11% of its portfolio in Flowers Foods, Inc. (NYSE:FLO). Estabrook Capital Mngmt, a New York-based fund reported 454 shares. California Pub Employees Retirement last reported 0.02% of its portfolio in the stock. Barclays Public Limited Co accumulated 0% or 47,347 shares. Hsbc Public Limited Co has invested 0% of its portfolio in Flowers Foods, Inc. (NYSE:FLO). Ig Mngmt Ltd holds 0.04% or 529,000 shares in its portfolio. Cubist Systematic Strategies Ltd Liability Co has 0.01% invested in the company for 12,897 shares. Aqr Cap Ltd Liability accumulated 0.01% or 199,597 shares. National Bank & Trust Of Montreal Can reported 52,330 shares or 0% of all its holdings. Glenmede Trust Na holds 0.08% or 680,748 shares in its portfolio. The New York-based Teachers Advsr has invested 0% in Flowers Foods, Inc. (NYSE:FLO). The California-based Schwab Charles Mngmt Inc has invested 0.02% in Flowers Foods, Inc. (NYSE:FLO). Bright Rock Capital Ltd Liability Company last reported 64,000 shares in the company.

Insider Transactions: Since June 2, 2016, the stock had 4 insider buys, and 5 selling transactions for $8.04 million net activity. On Thursday, June 2 HYSELL ROBERT B sold $443,427 worth of the stock or 23,700 shares. Another trade for 462,500 shares valued at $7.00M was sold by DEESE GEORGE E. The insider ALEXANDER BRAD K sold 69,850 shares worth $1.13M. LAN RICHARD bought 14,000 shares worth $212,485. TAYLOR TONJA W had sold 4,425 shares worth $70,380 on Thursday, November 17. 10,000 shares with value of $152,797 were bought by SPEAR JAMES T on Monday, August 22. Another trade for 30,000 shares valued at $449,796 was made by MCMULLIAN AMOS R on Thursday, August 25.

Flowers Foods, Inc. (NYSE:FLO) Ratings Coverage

Out of 9 analysts covering Flowers Foods (NYSE:FLO), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. Flowers Foods has been the topic of 15 analyst reports since September 21, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Thursday, February 11 by Suntrust Robinson. Jefferies initiated the stock with “Buy” rating in Wednesday, December 16 report. DA Davidson initiated Flowers Foods, Inc. (NYSE:FLO) rating on Wednesday, October 5. DA Davidson has “Neutral” rating and $16 price target. Deutsche Bank maintained the shares of FLO in a report on Monday, September 21 with “Buy” rating. The firm earned “Hold” rating on Friday, February 12 by Deutsche Bank. The stock has “Equal-Weight” rating given by Stephens on Thursday, February 11. The firm earned “Buy” rating on Thursday, August 11 by Jefferies. The stock of Flowers Foods, Inc. (NYSE:FLO) earned “Market Perform” rating by BMO Capital Markets on Friday, February 12. The firm has “Buy” rating given on Tuesday, February 16 by BB&T Capital. As per Thursday, May 26, the company rating was initiated by KeyBanc Capital Markets.

More recent Flowers Foods, Inc. (NYSE:FLO) news were published by: Forbes.com which released: “Ex-Dividend Reminder: PepsiCo, Flowers Foods and Kraft Heinz” on November 28, 2016. Also Prnewswire.com published the news titled: “Flowers Foods, Inc. Reports Third Quarter 2016 Results” on November 09, 2016. Prnewswire.com‘s news article titled: “Technical Reports on Consumer Goods Stocks — Flowers Foods, ConAgra Brands …” with publication date: November 28, 2016 was also an interesting one.

FLO Company Profile

Flowers Foods, Inc., incorporated on October 19, 2000, is a producer and marketer of bakery products. The Firm operates in two divisions: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The firm operates approximately 50 bakeries and a mix plant. The Company’s baked foods clients include mass merchandisers, supermarkets and other retailers, restaurants, quick-serve chains, food wholesalers, institutions, dollar stores and vending companies. The Firm sells returned and surplus products through a system of discount bakery stores. The Firm operates approximately 280 discount bakery stores.

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