Wellington Shields Capital Management Has Upped Flowers Foods (FLO) Stake; CHIBA BANK LTD THE ORDINARY SHARES JA (CHBAF) Shorts Up By 7.45%

March 11, 2018 - By Dolores Ford

Wellington Shields Capital Management Llc increased Flowers Foods Inc (FLO) stake by 106.74% reported in 2017Q3 SEC filing. Wellington Shields Capital Management Llc acquired 7.64 million shares as Flowers Foods Inc (FLO)’s stock declined 5.42%. The Wellington Shields Capital Management Llc holds 14.79 million shares with $278.29 million value, up from 7.16 million last quarter. Flowers Foods Inc now has $4.52B valuation. The stock increased 1.47% or $0.31 during the last trading session, reaching $21.44. About 589,545 shares traded. Flowers Foods, Inc. (NYSE:FLO) has declined 3.69% since March 11, 2017 and is downtrending. It has underperformed by 20.39% the S&P500.

CHIBA BANK LTD THE ORDINARY SHARES JA (OTCMKTS:CHBAF) had an increase of 7.45% in short interest. CHBAF’s SI was 5.89M shares in March as released by FINRA. Its up 7.45% from 5.49M shares previously. It closed at $7.05 lastly. It is down 0.00% since March 11, 2017 and is . It has underperformed by 16.70% the S&P500.

Since October 2, 2017, it had 0 insider purchases, and 2 selling transactions for $872,182 activity. 28,173 shares valued at $523,823 were sold by LAUDER KARYL H on Tuesday, October 3. 18,500 Flowers Foods, Inc. (NYSE:FLO) shares with value of $348,359 were sold by BENTON ROBERT L JR.

Wellington Shields Capital Management Llc decreased Tencent Holdings Limited (TCEHY) stake by 10,200 shares to 4,800 valued at $211,000 in 2017Q3. It also reduced Liberty Broadband Corp B stake by 3,400 shares and now owns 2,700 shares. Spdr S&P Regional Banking Etf (KRE) was reduced too.

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.11, from 1.31 in 2017Q2. It worsened, as 28 investors sold FLO shares while 68 reduced holdings. 29 funds opened positions while 97 raised stakes. 144.78 million shares or 7.91% more from 134.16 million shares in 2017Q2 were reported. Aperio Grp Lc holds 0% or 40,563 shares. Mark Sheptoff Financial Planning Llc holds 0.01% of its portfolio in Flowers Foods, Inc. (NYSE:FLO) for 500 shares. Wellington Shields Cap Ltd Limited Liability Company, a New York-based fund reported 14.79M shares. Jefferies Group Ltd Com owns 0% invested in Flowers Foods, Inc. (NYSE:FLO) for 26,825 shares. Oppenheimer And Incorporated holds 0.07% or 130,728 shares in its portfolio. Deutsche Fincl Bank Ag reported 478,772 shares. Diamond Hill Management invested in 3.80M shares. Lord Abbett And Co Ltd Limited Liability Company reported 0.02% stake. Clearbridge Limited Co has invested 0% in Flowers Foods, Inc. (NYSE:FLO). 117,176 are owned by Prudential Financial. Grassi Mgmt accumulated 15,000 shares. Willis Counsel owns 13,882 shares for 0.02% of their portfolio. 96,603 were reported by Voya Inv Mgmt Limited. Hyman Charles D accumulated 35,076 shares. Cantab Prns Llp invested in 21,058 shares.

Among 12 analysts covering Flowers Foods (NYSE:FLO), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Flowers Foods had 32 analyst reports since September 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained Flowers Foods, Inc. (NYSE:FLO) on Wednesday, September 6 with “Hold” rating. The company was downgraded on Friday, July 28 by Jefferies. SunTrust maintained Flowers Foods, Inc. (NYSE:FLO) on Thursday, November 9 with “Hold” rating. Suntrust Robinson downgraded the stock to “Neutral” rating in Thursday, February 11 report. The firm has “Neutral” rating given on Wednesday, October 5 by DA Davidson. As per Wednesday, August 30, the company rating was maintained by Jefferies. SunTrust maintained it with “Buy” rating and $30 target in Tuesday, September 22 report. The stock has “Buy” rating by Deutsche Bank on Monday, September 21. The firm earned “Equal-Weight” rating on Thursday, February 11 by Stephens. The stock of Flowers Foods, Inc. (NYSE:FLO) has “Overweight” rating given on Thursday, December 15 by KeyBanc Capital Markets.

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By1 Dolores Ford

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