Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% during the 3rd quarter, Holdings Channel reports. The fund owned 14,030 shares of the company’s stock after purchasing 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 SEC filing.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Flanigan’s Enterprises in a research note on Sunday. They issued a “hold” rating for the company.

Flanigan’s Enterprises Stock Performance

BDL stock opened at $24.94 on Tuesday. Flanigan’s Enterprises, Inc. has a 12-month low of $24.32 and a 12-month high of $29.72. 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 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.