Barclays PLC Buys 19,150 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Barclays PLC lifted its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 24.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,904 shares of the specialty retailer’s stock after buying an additional 19,150 shares during the period. Barclays PLC owned about 0.15% of 1-800-FLOWERS.COM worth $778,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FLWS. Hennion & Walsh Asset Management Inc. grew its holdings in shares of 1-800-FLOWERS.COM by 3.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after buying an additional 1,472 shares in the last quarter. Federated Hermes Inc. lifted its holdings in 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after purchasing an additional 2,100 shares during the last quarter. Hsbc Holdings PLC raised its holdings in 1-800-FLOWERS.COM by 7.2% in the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the period. State Street Corp lifted its holdings in shares of 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after buying an additional 2,886 shares in the last quarter. Finally, Gabelli Funds LLC increased its holdings in shares of 1-800-FLOWERS.COM by 3.4% during the second quarter. Gabelli Funds LLC now owns 150,000 shares of the specialty retailer’s stock worth $1,428,000 after purchasing an additional 5,000 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $7.64 on Thursday. The stock has a market capitalization of $490.64 million, a price-to-earnings ratio of -54.57, a PEG ratio of 3.10 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52-week low of $7.01 and a 52-week high of $11.42. The stock’s 50 day moving average price is $7.91 and its two-hundred day moving average price is $8.39. 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) last issued its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The company had revenue of $193.20 million for the quarter, compared to analyst estimates 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%. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.48) earnings per share. On average, equities analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $7.80, for a total value of $312,000.00. Following the completion of the transaction, the insider now directly owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have purchased 208,000 shares of company stock worth $1,547,210 over the last 90 days. 51.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FLWS. DA Davidson boosted their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

About 1-800-FLOWERS.COM

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.