Flanigan’s Enterprises (NYSEAMERICAN:BDL) Now Covered by 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 Stock Performance

BDL opened at $25.49 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.57 and a debt-to-equity ratio of 0.27. Flanigan’s Enterprises has a 52-week low of $23.94 and a 52-week high of $29.72.

Institutional Trading of Flanigan’s Enterprises

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC increased its holdings in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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 Securities and Exchange Commission (SEC). 11.03% of the stock is currently owned by institutional investors and hedge funds.

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.