Empowered Funds LLC Buys 114,072 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Empowered Funds LLC increased its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 50.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 340,637 shares of the specialty retailer's stock after purchasing an additional 114,072 shares during the period. Empowered Funds LLC owned approximately 0.53% of 1-800-FLOWERS.COM worth $2,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of 1-800-FLOWERS.COM by 105.0% during the first quarter. BNP Paribas Financial Markets now owns 42,559 shares of the specialty retailer's stock valued at $461,000 after acquiring an additional 21,800 shares during the period. Vanguard Group Inc. boosted its position in 1-800-FLOWERS.COM by 0.6% in the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer's stock valued at $17,601,000 after buying an additional 10,061 shares in the last quarter. EntryPoint Capital LLC bought a new stake in 1-800-FLOWERS.COM during the first quarter worth about $167,000. Gamco Investors INC. ET AL increased its holdings in shares of 1-800-FLOWERS.COM by 4.8% during the first quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer's stock worth $11,901,000 after buying an additional 50,000 shares in the last quarter. Finally, Gabelli Funds LLC raised its stake in shares of 1-800-FLOWERS.COM by 7.4% in the first quarter. Gabelli Funds LLC now owns 145,000 shares of the specialty retailer's stock valued at $1,570,000 after acquiring an additional 10,000 shares during the last quarter. Institutional investors own 38.43% of the company's stock.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value 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. This trade represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 51.00% of the company's stock.

1-800-FLOWERS.COM Price Performance

Shares of FLWS stock traded up $0.01 during trading hours on Wednesday, reaching $7.36. 87,739 shares of the company were exchanged, compared to its average volume of 324,984. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $7.14 and a fifty-two week high of $11.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The stock's fifty day moving average is $8.06 and its two-hundred day moving average is $8.87. The company has a market cap of $472.66 million, a price-to-earnings ratio of -52.50, a P/E/G ratio of 3.06 and a beta of 1.61.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The business's revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.48) EPS. Sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FLWS shares. StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. DA Davidson raised their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a "neutral" rating in a research note on Thursday, October 31st.

1-800-FLOWERS.COM Company Profile

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.