Aviance Capital Partners LLC Buys 7,216 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Aviance Capital Partners LLC boosted its stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 5.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,104 shares of the specialty retailer’s stock after purchasing an additional 7,216 shares during the period. Aviance Capital Partners LLC owned about 0.23% of 1-800-FLOWERS.COM worth $1,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PEAK6 Investments LLC increased its position in 1-800-FLOWERS.COM by 865.9% in the 4th quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock valued at $1,562,000 after acquiring an additional 129,888 shares during the period. Gabelli Funds LLC increased its position in 1-800-FLOWERS.COM by 3.8% in the 4th quarter. Gabelli Funds LLC now owns 135,000 shares of the specialty retailer’s stock valued at $1,455,000 after acquiring an additional 5,000 shares during the period. Dimensional Fund Advisors LP increased its position in 1-800-FLOWERS.COM by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,367,496 shares of the specialty retailer’s stock valued at $25,522,000 after acquiring an additional 38,529 shares during the period. Charles Schwab Investment Management Inc. increased its position in 1-800-FLOWERS.COM by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 583,200 shares of the specialty retailer’s stock valued at $6,287,000 after acquiring an additional 8,376 shares during the period. Finally, Prosperity Wealth Management Inc. acquired a new position in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $248,000. Institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Price Performance

Shares of FLWS traded down $0.02 during trading hours on Monday, hitting $9.50. 20,298 shares of the stock were exchanged, compared to its average volume of 341,498. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $5.97 and a fifty-two week high of $11.42. The company has a current ratio of 1.89, a quick ratio of 1.13 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average of $9.44 and a 200-day moving average of $9.90.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04). The company had revenue of $379.40 million during the quarter, compared to analyst estimates of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.27% and a negative net margin of 0.42%. The company’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.27) earnings per share. Equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on FLWS. DA Davidson decreased their price objective on shares of 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd.

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.