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

Barclays PLC lifted its holdings in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 24.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,904 shares of the specialty retailer’s stock after purchasing an additional 19,150 shares during the period. Barclays PLC’s holdings in 1-800-FLOWERS.COM were worth $778,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM in the third quarter valued at approximately $41,000. SG Americas Securities LLC bought a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $106,000. Paloma Partners Management Co acquired a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Federated Hermes Inc. boosted its stake in 1-800-FLOWERS.COM by 8.9% during the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in 1-800-FLOWERS.COM by 7.2% in the second quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock worth $304,000 after purchasing an additional 2,148 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

Insider Activity at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction 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 sale, the insider now directly owns 3,674,364 shares of the company’s stock, valued at approximately $28,660,039.20. This represents a 1.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 51.00% of the stock is owned by insiders.

1-800-FLOWERS.COM Price Performance

Shares of FLWS opened at $8.17 on Wednesday. The business’s fifty day moving average is $8.01 and its 200 day moving average is $8.53. 1-800-FLOWERS.COM, Inc. has a 12-month low of $7.07 and a 12-month high of $11.42. 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 stock has a market cap of $524.68 million, a P/E ratio of -58.36, a P/E/G ratio of 3.23 and a beta of 1.60.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to analyst estimates 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 quarterly revenue was down 28.2% compared to the same quarter last year. During the same period last year, the firm earned ($0.48) earnings per share. Sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. DA Davidson upped their price objective on shares of 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 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.