Flanigan’s Enterprises (NYSEAMERICAN:BDL) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of NYSEAMERICAN:BDL opened at $25.12 on Friday. Flanigan’s Enterprises has a 52 week low of $23.94 and a 52 week high of $29.72. The company has a current ratio of 1.57, a quick ratio of 1.21 and a debt-to-equity ratio of 0.27.

Institutional Investors Weigh In On Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC boosted its position in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,030 shares of the company’s stock after buying an additional 670 shares during the quarter. Empowered Funds LLC’s holdings in Flanigan’s Enterprises were worth $375,000 as of its most recent filing with the SEC. 11.03% of the stock is currently owned by hedge funds and other institutional investors.

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.