GSA Capital Partners LLP bought a new position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 119,405 shares of the specialty retailer's stock, valued at approximately $947,000. GSA Capital Partners LLP owned 0.19% of 1-800-FLOWERS.COM 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. Acadian Asset Management LLC grew its holdings in shares of 1-800-FLOWERS.COM by 1,585.9% during the 2nd quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer's stock worth $3,576,000 after purchasing an additional 353,821 shares during the period. American Century Companies Inc. grew its stake in 1-800-FLOWERS.COM by 37.7% during the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer's stock worth $5,307,000 after buying an additional 152,536 shares during the period. Dimensional Fund Advisors LP increased its position in shares of 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer's stock worth $25,086,000 after acquiring an additional 129,627 shares in the last quarter. Sei Investments Co. raised its stake in shares of 1-800-FLOWERS.COM by 15.7% in the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer's stock valued at $6,540,000 after acquiring an additional 93,041 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of 1-800-FLOWERS.COM by 4.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer's stock valued at $11,901,000 after acquiring an additional 50,000 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. DA Davidson boosted their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th.
Get Our Latest Stock Report on FLWS
1-800-FLOWERS.COM Stock Down 1.1 %
Shares of NASDAQ:FLWS traded down $0.09 during trading on Friday, hitting $7.80. The company's stock had a trading volume of 908,537 shares, compared to its average volume of 325,832. The stock's 50-day moving average price is $8.06 and its two-hundred day moving average price is $8.90. 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 market capitalization of $500.92 million, a PE ratio of -55.71, a PEG ratio of 3.34 and a beta of 1.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44.
1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings results 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. 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 for the quarter, compared to the consensus estimate of $246.88 million. The business's revenue was down 28.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.48) EPS. As a group, sell-side analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.
Insider Activity at 1-800-FLOWERS.COM
In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the business'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 completion of the transaction, the insider now owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. The trade was a 1.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 51.00% of the stock is currently owned by insiders.
About 1-800-FLOWERS.COM
(
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.
Read More
Before you consider 1-800-FLOWERS.COM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and 1-800-FLOWERS.COM wasn't on the list.
While 1-800-FLOWERS.COM currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.