Empowered Funds LLC Has $2.93 Million Stock Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Empowered Funds LLC boosted its holdings in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 5.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 357,988 shares of the specialty retailer’s stock after buying an additional 17,351 shares during the quarter. Empowered Funds LLC’s holdings in 1-800-FLOWERS.COM were worth $2,925,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. nVerses Capital LLC bought 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 1-800-FLOWERS.COM during the third quarter worth $106,000. JPMorgan Chase & Co. lifted its stake in 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares during the last quarter. Paloma Partners Management Co acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at approximately $121,000. Finally, Arkadios Wealth Advisors lifted its holdings in 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after purchasing an additional 4,015 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Analysts Set New Price Targets

FLWS has been the subject of several research reports. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, February 1st. Finally, DA Davidson restated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

1-800-FLOWERS.COM Stock Up 3.6 %

Shares of NASDAQ:FLWS opened at $8.54 on Friday. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 0.41. The business’s 50-day moving average is $7.96 and its 200-day moving average is $8.19. The company has a market capitalization of $543.14 million, a price-to-earnings ratio of -77.64 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. Equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Insider Transactions at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 70,500 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $8.12 per share, with a total value of $572,460.00. Following the completion of the acquisition, the insider now directly owns 6,384,469 shares in the company, valued at $51,841,888.28. This trade represents a 1.12 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders bought a total of 1,309,605 shares of company stock worth $10,314,326 in the last quarter. 51.00% of the stock is currently owned by corporate insiders.

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.