Nisa Investment Advisors LLC Cuts Stake in Flowers Foods, by 5132 Shares

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Nisa Investment Advisors LLC has recently decreased their stake in Flowers Foods ($NYSE:FLO), Inc. by 5132 Shares. The sale took place at Defense World. Flowers Foods, Inc. is a bakery company which specializes in the production of bread and other bakery products, including cakes, pastries, cookies, and more. The company operates two business segments: Direct-Store-Delivery and Warehouse Delivery. The Direct-Store-Delivery segment consists of products from its bakery plants sold to retail and food service customers. The Warehouse Delivery segment consists of products from its bakery plants sold to distributors and other customers for resale or further distribution. Flowers Foods also has a commitment to sustainability with initiatives including energy conservation, waste reduction, use of renewable materials, and other environmental management programs.

In addition, the company has a commitment to social responsibility with programs such as the Flowers Foods Foundation, a philanthropic organization that provides financial support to local communities. Flowers Foods is currently listed on the New York Stock Exchange (NYSE) and is one of the largest publicly traded bakeries in the United States.

Price History

The FLOWERS FOODS stock opened at $24.7 and closed at the same price at the end of the day, representing a 0.2% decrease from its prior closing price of 24.8. This decrease in stake is significant, as it marks a large shift in investor sentiment towards the company. This decrease could indicate an overall lack of confidence in the company’s future performance, which may pressure share prices further in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Flowers Foods. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Flowers Foods. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Flowers Foods. More…

Key Ratios Snapshot

Some of the financial key ratios for Flowers Foods are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of FLOWERS FOODS’s fundamentals. After careful evaluation, we are pleased to report that FLOWERS FOODS is a low risk investment in terms of both financial and business aspects. We recommend that interested investors become registered users of GoodWhale to check out the areas with potential risks. Specifically, our analysis has identified elements in the business and financial structure of FLOWERS FOODS that may not be optimal for long-term success. Through our in-depth assessment, we have determined areas where investors should be aware of potential risks and opportunities. Our team is confident that investors can trust GoodWhale to provide a comprehensive evaluation of FLOWERS FOODS’s fundamentals. We invite you to explore our platform and make an informed decision about investing in FLOWERS FOODS. More…

Peers

Flowers Foods Inc is one of the leading producers of packaged bakery products in the United States. The company’s principal competitors are J&J Snack Foods Corp, MamaMancini’s Holdings Inc, and Bridgford Foods Corp.

– J&J Snack Foods Corp ($NASDAQ:JJSF)

J&J Snack Foods Corp is a publicly traded company with a market capitalization of $2.66 billion as of March 2022. The company manufactures and markets snack foods and beverages. Its products include ice cream, frozen desserts, cookies, crackers, pretzels, and other snacks. J&J Snack Foods Corp has a return on equity of 5.74%.

J&J Snack Foods Corp was founded in 1971 and is headquartered in Pennsauken, New Jersey. The company operates through three segments: Food Service, Retail, and International. The Food Service segment provides products to foodservice customers, including restaurants, schools, and other institutions. The Retail segment sells products to retail grocery and mass merchandiser customers. The International segment consists of sales to customers located outside of the United States.

– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)

MamaMancini’s Holdings Inc is a food company that specializes in the production of Italian-style foods, such as meatballs, sausages, and pasta sauce. The company has a market cap of $39.22 million and a return on equity of -14.63%. MamaMancini’s Holdings Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol “MMMB.”

– Bridgford Foods Corp ($NASDAQ:BRID)

Bridgford Foods Corporation is a food company that specializes in the manufacture and sale of frozen and refrigerated food products. The company has a market capitalization of 115.55 million as of 2022 and a return on equity of 46.05%. Bridgford Foods Corporation’s products include breads, rolls, biscuits, snacks, and other frozen and refrigerated foods. The company operates in the United States and Canada.

Summary

Flowers Foods, Inc. (NYSE: FLO) has recently seen the sale of 5132 of its shares by Nisa Investment Advisors LLC. This is significant news for investors as it reveals the sentiment of one of Flowers Foods’ major shareholders, and may offer insights into the company’s current performance. Analysts have noted that Flowers Foods has an excellent dividend yield and a consistent return on equity over the past few years. Furthermore, the company has a robust balance sheet with over $2 billion in cash and marketable securities, as well as strong cash flow and a low debt-to-equity ratio.

In addition, Flowers Foods has a wide range of products, covering all major bakery categories, and a loyal customer base. These factors make it an attractive investment opportunity for long-term investors.