Barclays PLC raised its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS – Free Report) by 24.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 97,904 shares of the specialty retailer’s stock after acquiring an additional 19,150 shares during the quarter. Barclays PLC owned about 0.15% of 1-800-FLOWERS.COM worth $778,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its stake in 1-800-FLOWERS.COM by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 111,029 shares of the specialty retailer’s stock valued at $1,057,000 after acquiring an additional 6,586 shares during the period. Acadian Asset Management LLC increased its position in shares of 1-800-FLOWERS.COM by 1,585.9% in the second quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer’s stock valued at $3,576,000 after acquiring an additional 353,821 shares during the last quarter. Rice Hall James & Associates LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 17.7% in the 2nd quarter. Rice Hall James & Associates LLC now owns 177,074 shares of the specialty retailer’s stock valued at $1,686,000 after buying an additional 26,630 shares during the last quarter. American Century Companies Inc. raised its position 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 acquiring an additional 152,536 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. raised its position in 1-800-FLOWERS.COM by 20.9% during the second quarter. Cornercap Investment Counsel Inc. now owns 54,757 shares of the specialty retailer’s stock worth $521,000 after acquiring an additional 9,467 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.
Insider Buying and Selling at 1-800-FLOWERS.COM
In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the business’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 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 51.00% of the company’s stock.
1-800-FLOWERS.COM Trading Up 0.1 %
1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report) last posted 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. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The firm had revenue of $193.20 million for the quarter, compared to analysts’ expectations of $246.88 million. During the same quarter in the previous year, the firm posted ($0.48) earnings per share. The company’s revenue was down 28.2% on a year-over-year basis. Equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson increased their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, October 31st.
View Our Latest Research Report on FLWS
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.
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