Barclays PLC Increases Stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Barclays PLC lifted its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 24.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,904 shares of the specialty retailer’s stock after purchasing an additional 19,150 shares during the quarter. Barclays PLC’s holdings in 1-800-FLOWERS.COM were worth $778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. nVerses Capital LLC purchased a new stake in 1-800-FLOWERS.COM in the third quarter valued at approximately $41,000. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at approximately $106,000. Paloma Partners Management Co purchased a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Federated Hermes Inc. raised its stake in 1-800-FLOWERS.COM by 8.9% in the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after buying an additional 2,100 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in shares of 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 purchasing an additional 2,148 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

1-800-FLOWERS.COM Price Performance

NASDAQ FLWS opened at $7.64 on Thursday. The stock has a market cap 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 12 month low of $7.01 and a 12 month high of $11.42. The company’s 50 day moving average is $7.91 and its two-hundred day moving average is $8.39. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results 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. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The business had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. During the same period in the prior year, the company posted ($0.48) EPS. The firm’s revenue for the quarter was down 28.2% compared to the same quarter last year. As a group, research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on FLWS. DA Davidson lifted 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 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.

Insider Buying and Selling at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 97,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was purchased at an average price of $7.64 per share, with a total value of $741,080.00. Following the acquisition, the insider now owns 4,542,364 shares in the company, valued at approximately $34,703,660.96. The trade was a 2.18 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders bought 208,000 shares of company stock worth $1,547,210 in the last quarter. 51.00% of the stock is owned by corporate insiders.

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.