BNP Paribas Arbitrage SA grew its holdings in shares of Flexsteel Industries, Inc. (NASDAQ:FLXS) by 715.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 930 shares of the company’s stock after buying an additional 816 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Flexsteel Industries were worth $38,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Geode Capital Management LLC lifted its holdings in shares of Flexsteel Industries by 16.2% during the 1st quarter. Geode Capital Management LLC now owns 99,428 shares of the company’s stock valued at $3,465,000 after purchasing an additional 13,847 shares during the last quarter. Barclays PLC acquired a new stake in Flexsteel Industries during the 1st quarter worth about $259,000. HRT Financial LP grew its position in Flexsteel Industries by 31.4% during the 1st quarter. HRT Financial LP now owns 16,395 shares of the company’s stock worth $571,000 after purchasing an additional 3,922 shares during the period. Citadel Advisors LLC boosted its stake in shares of Flexsteel Industries by 133.2% during the 1st quarter. Citadel Advisors LLC now owns 14,985 shares of the company’s stock worth $522,000 after acquiring an additional 8,559 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. purchased a new stake in shares of Flexsteel Industries during the 1st quarter worth about $1,411,000. Hedge funds and other institutional investors own 60.28% of the company’s stock.
Shares of NASDAQ FLXS opened at $31.00 on Thursday. Flexsteel Industries, Inc. has a 1 year low of $23.94 and a 1 year high of $51.13. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.29 and a quick ratio of 0.68. The company has a 50 day simple moving average of $34.12 and a 200-day simple moving average of $38.90. The company has a market capitalization of $211.48 million, a P/E ratio of 10.00 and a beta of 0.94.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 4th. Shareholders of record on Wednesday, September 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, September 21st. This represents a $0.60 dividend on an annualized basis and a yield of 1.94%.
About Flexsteel Industries
Flexsteel Industries, Inc engages in the manufacturing, import and marketing of residential and commercial upholstered and wood furniture products. Its products include sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture.
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