Aviance Capital Partners LLC Has $1.25 Million Stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Aviance Capital Partners LLC boosted its position in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 21.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 158,052 shares of the specialty retailer’s stock after buying an additional 28,437 shares during the quarter. Aviance Capital Partners LLC’s holdings in 1-800-FLOWERS.COM were worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of FLWS. Acadian Asset Management LLC lifted its stake in 1-800-FLOWERS.COM by 1,585.9% in the 2nd quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer’s stock valued at $3,576,000 after purchasing an additional 353,821 shares during the last quarter. American Century Companies Inc. raised its stake in 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after buying an additional 152,536 shares during the period. Dimensional Fund Advisors LP lifted 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 valued at $25,086,000 after buying an additional 129,627 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth approximately $947,000. Finally, Empowered Funds LLC boosted its stake in shares of 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after acquiring an additional 114,072 shares during the period. Institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Stock Down 3.5 %

FLWS stock opened at $7.53 on Tuesday. The business’s fifty day moving average price is $8.06 and its two-hundred day moving average price is $8.89. The stock has a market capitalization of $483.58 million, a price-to-earnings ratio of -53.79, a PEG ratio of 3.06 and a beta of 1.61. 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 debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping the consensus estimate of ($0.53) by $0.02. The business had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The business’s revenue was down 28.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.48) EPS. On average, equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Insider Buying and Selling 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 that occurred on Monday, November 4th. The shares were 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 directly owns 3,674,364 shares in the company, valued at $28,660,039.20. The trade was a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 51.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. DA Davidson raised their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, October 31st. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note 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.