1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 13.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,095 shares of the specialty retailer’s stock after acquiring an additional 1,623 shares during the period. JPMorgan Chase & Co.’s holdings in 1-800-FLOWERS.COM were worth $112,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. grew its stake in 1-800-FLOWERS.COM by 3.4% during the 3rd 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 during the last quarter. State Street Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares during the period. nVerses Capital LLC purchased a new position in shares of 1-800-FLOWERS.COM during the third quarter worth approximately $41,000. SG Americas Securities LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $106,000. Finally, Paloma Partners Management Co purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $121,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Stock Down 0.7 %

Shares of NASDAQ FLWS opened at $8.03 on Monday. 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 firm has a 50-day moving average price of $7.96 and a 200 day moving average price of $8.26. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.56 and a 52 week high of $11.42. The stock has a market capitalization of $515.69 million, a price-to-earnings ratio of -57.36, a price-to-earnings-growth ratio of 3.46 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. Equities research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Fund 1 Investments, Llc purchased 396,004 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average cost of $7.73 per share, with a total value of $3,061,110.92. Following the acquisition, the insider now owns 5,154,769 shares in the company, valued at approximately $39,846,364.37. This trade represents a 8.32 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 803,405 shares of company stock valued at $6,292,721. Insiders own 51.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on FLWS shares. DA Davidson reissued a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Thursday. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. Finally, StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

1-800-FLOWERS.COM 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.