Bbva Compass Bancshares Inc. lessened its stake in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) by 8.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,722 shares of the specialty retailer’s stock after selling 5,534 shares during the quarter. Bbva Compass Bancshares Inc. owned about 0.09% of 1-800 FLOWERS.COM worth $598,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FLWS. Northpointe Capital LLC boosted its stake in shares of 1-800 FLOWERS.COM by 35.6% during the 2nd quarter. Northpointe Capital LLC now owns 1,365,113 shares of the specialty retailer’s stock worth $13,310,000 after acquiring an additional 358,281 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of 1-800 FLOWERS.COM by 6.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,527,655 shares of the specialty retailer’s stock worth $25,782,000 after acquiring an additional 150,095 shares in the last quarter. Penserra Capital Management LLC boosted its stake in shares of 1-800 FLOWERS.COM by 462.6% during the 2nd quarter. Penserra Capital Management LLC now owns 176,941 shares of the specialty retailer’s stock worth $1,725,000 after acquiring an additional 145,488 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of 1-800 FLOWERS.COM by 8.4% during the 1st quarter. Vanguard Group Inc. now owns 1,355,306 shares of the specialty retailer’s stock worth $13,824,000 after acquiring an additional 105,338 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its stake in shares of 1-800 FLOWERS.COM by 63.0% during the 2nd quarter. North Star Investment Management Corp. now owns 207,730 shares of the specialty retailer’s stock worth $2,025,000 after acquiring an additional 80,325 shares in the last quarter. Institutional investors own 33.84% of the company’s stock.
Shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) opened at $9.50 on Friday. 1-800 FLOWERS.COM, Inc. has a 52 week low of $7.80 and a 52 week high of $11.40. The firm has a market capitalization of $616.34, a P/E ratio of 21.11, a P/E/G ratio of 1.46 and a beta of 1.59. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 2.06.
1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Tuesday, October 31st. The specialty retailer reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.01. The firm had revenue of $157.35 million during the quarter, compared to the consensus estimate of $157.63 million. 1-800 FLOWERS.COM had a return on equity of 11.13% and a net margin of 3.93%. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.24) EPS. equities analysts forecast that 1-800 FLOWERS.COM, Inc. will post 0.46 earnings per share for the current year.
1-800 FLOWERS.COM declared that its board has approved a stock repurchase plan on Wednesday, September 6th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the specialty retailer to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.
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Several analysts recently weighed in on the company. FBR & Co assumed coverage on 1-800 FLOWERS.COM in a research note on Tuesday, July 11th. They set an “outperform” rating and a $13.00 target price for the company. Noble Financial restated a “buy” rating on shares of 1-800 FLOWERS.COM in a research note on Thursday. Benchmark Co. decreased their target price on 1-800 FLOWERS.COM to $13.00 and set a “buy” rating for the company in a research note on Wednesday. Zacks Investment Research upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, BidaskClub upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $12.17.
About 1-800 FLOWERS.COM
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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