Thomson Horstmann & Bryant Inc. boosted its stake in shares of Flexsteel Industries, Inc. (NASDAQ:FLXS) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 190,673 shares of the company’s stock after purchasing an additional 16,753 shares during the period. Thomson Horstmann & Bryant Inc.’s holdings in Flexsteel Industries were worth $8,919,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its stake in Flexsteel Industries by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 656,448 shares of the company’s stock worth $33,282,000 after purchasing an additional 2,023 shares during the period. Vanguard Group Inc. raised its stake in Flexsteel Industries by 6.3% during the second quarter. Vanguard Group Inc. now owns 297,889 shares of the company’s stock worth $16,119,000 after purchasing an additional 17,537 shares during the period. State Street Corp increased its position in shares of Flexsteel Industries by 6.3% in the second quarter. State Street Corp now owns 120,524 shares of the company’s stock worth $6,524,000 after acquiring an additional 7,166 shares in the last quarter. Northern Trust Corp increased its position in shares of Flexsteel Industries by 19.8% in the second quarter. Northern Trust Corp now owns 101,029 shares of the company’s stock worth $5,467,000 after acquiring an additional 16,690 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Flexsteel Industries by 4.1% in the second quarter. Bank of New York Mellon Corp now owns 71,395 shares of the company’s stock worth $3,864,000 after acquiring an additional 2,780 shares in the last quarter. 65.82% of the stock is currently owned by institutional investors.

In other news, Director Jeffrey T. Bertsch sold 1,510 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $50.00, for a total value of $75,500.00. Following the completion of the sale, the director now owns 195,659 shares of the company’s stock, valued at $9,782,950. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is owned by corporate insiders.

Flexsteel Industries, Inc. (NASDAQ:FLXS) traded down $0.44 during trading on Wednesday, hitting $47.37. 16,200 shares of the stock traded hands, compared to its average volume of 24,033. Flexsteel Industries, Inc. has a 52 week low of $43.25 and a 52 week high of $59.81. The firm has a market capitalization of $371.63, a price-to-earnings ratio of 14.90 and a beta of 2.04.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.86%. The ex-dividend date was Thursday, December 14th. Flexsteel Industries’s payout ratio is currently 27.67%.

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About Flexsteel Industries

Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.

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Institutional Ownership by Quarter for Flexsteel Industries (NASDAQ:FLXS)

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