Charles Schwab Investment Management Inc. decreased its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 21.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 421,540 shares of the specialty retailer's stock after selling 112,509 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.66% of 1-800-FLOWERS.COM worth $3,343,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Aviance Capital Partners LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 21.9% in the third quarter. Aviance Capital Partners LLC now owns 158,052 shares of the specialty retailer's stock valued at $1,253,000 after buying an additional 28,437 shares during the period. Quest Partners LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at $452,000. Empowered Funds LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer's stock valued at $2,701,000 after buying an additional 114,072 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at $947,000. Finally, Rice Hall James & Associates LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 23.6% in the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer's stock valued at $1,735,000 after buying an additional 41,737 shares during the period. Institutional investors and hedge funds own 38.43% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on FLWS. StockNews.com lowered 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. DA Davidson upped their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a "neutral" rating in a report on Thursday, October 31st.
View Our Latest Stock Analysis on FLWS
Insider Activity
In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the transaction, the insider now directly owns 3,674,364 shares of the company's stock, valued at approximately $28,660,039.20. The trade was a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 51.00% of the stock is currently owned by company insiders.
1-800-FLOWERS.COM Trading Down 0.4 %
Shares of NASDAQ FLWS traded down $0.03 during mid-day trading on Friday, hitting $7.91. 261,137 shares of the company traded hands, compared to its average volume of 326,858. 1-800-FLOWERS.COM, Inc. has a 1 year low of $7.14 and a 1 year high of $11.42. The stock has a market capitalization of $507.98 million, a price-to-earnings ratio of -56.50, a PEG ratio of 3.23 and a beta of 1.60. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average of $8.13 and a two-hundred day moving average of $8.69.
1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The business had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. During the same period in the prior year, the business posted ($0.48) earnings per share. 1-800-FLOWERS.COM's revenue was down 28.2% compared to the same quarter last year. On average, sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.
1-800-FLOWERS.COM Company Profile
(
Free Report)
1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.
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![Institutional Ownership by Quarter for 1-800-FLOWERS.COM (NASDAQ:FLWS)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=FLWS)
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