Flanigan’s Enterprises (NYSEAMERICAN:BDL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report released on Monday. The brokerage issued a hold rating on the stock.

Flanigan’s Enterprises Price Performance

NYSEAMERICAN BDL opened at $25.25 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.21 and a current ratio of 1.57. Flanigan’s Enterprises has a 52-week low of $23.94 and a 52-week high of $29.72.

Hedge Funds Weigh In On Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC boosted its holdings in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,030 shares of the company’s stock after acquiring an additional 670 shares during the period. Empowered Funds LLC’s holdings in Flanigan’s Enterprises were worth $375,000 at the end of the most recent reporting period. Institutional investors 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.