StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL – Free Report) in a report released on Tuesday. The firm issued a hold rating on the stock.
Separately, TheStreet downgraded shares of Flanigan’s Enterprises from a b- rating to a c rating in a research report on Monday, January 8th.
Check Out Our Latest Analysis on Flanigan’s Enterprises
Flanigan’s Enterprises Price Performance
Flanigan’s Enterprises (NYSEAMERICAN:BDL – Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.06 EPS for the quarter. The business had revenue of $45.14 million during the quarter. Flanigan’s Enterprises had a net margin of 1.96% and a return on equity of 4.65%.
Institutional Investors Weigh In On Flanigan’s Enterprises
Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its position in Flanigan’s Enterprises by 305.7% in the second quarter. Tower Research Capital LLC TRC now owns 856 shares of the company’s stock valued at $26,000 after acquiring an additional 645 shares during the last quarter. UBS Group AG boosted its position in Flanigan’s Enterprises by 135.9% in the third quarter. UBS Group AG now owns 1,031 shares of the company’s stock worth $26,000 after purchasing an additional 594 shares during the last quarter. BlackRock Inc. lifted its position in shares of Flanigan’s Enterprises by 41.1% during the 2nd quarter. BlackRock Inc. now owns 3,033 shares of the company’s stock valued at $93,000 after buying an additional 884 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of Flanigan’s Enterprises during the 2nd quarter valued at $114,000. Finally, Royal Bank of Canada boosted its stake in Flanigan’s Enterprises by 11.4% in the 3rd quarter. Royal Bank of Canada now owns 4,900 shares of the company’s stock worth $125,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 11.03% of the company’s stock.
Flanigan’s Enterprises Company Profile
Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.
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