Royce & Associates LP Decreases Stock Holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Royce & Associates LP reduced its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 88.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,072 shares of the specialty retailer’s stock after selling 76,774 shares during the quarter. Royce & Associates LP’s holdings in 1-800-FLOWERS.COM were worth $82,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. State Street Corp lifted its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares during the last quarter. Empowered Funds LLC increased its position in 1-800-FLOWERS.COM by 5.1% during the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after buying an additional 17,351 shares in the last quarter. First Eagle Investment Management LLC increased its position in 1-800-FLOWERS.COM by 117.4% during the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after buying an additional 188,582 shares in the last quarter. Aviance Capital Partners LLC increased its position in 1-800-FLOWERS.COM by 20.9% during the 4th quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer’s stock valued at $1,562,000 after buying an additional 33,083 shares in the last quarter. Finally, Barclays PLC increased its position in 1-800-FLOWERS.COM by 24.3% during the 3rd quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock valued at $778,000 after buying an additional 19,150 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc bought 61,000 shares of the stock in a transaction dated Monday, January 13th. The shares were purchased at an average price of $7.33 per share, for a total transaction of $447,130.00. Following the completion of the purchase, the insider now directly owns 4,285,364 shares of the company’s stock, valued at $31,411,718.12. This represents a 1.44 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have bought 2,135,105 shares of company stock valued at $16,169,191. Company insiders own 51.00% of the company’s stock.

1-800-FLOWERS.COM Stock Up 2.3 %

Shares of FLWS stock opened at $5.80 on Friday. The stock’s 50-day simple moving average is $7.53 and its 200-day simple moving average is $7.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The firm has a market capitalization of $368.89 million, a PE ratio of -52.73 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $5.43 and a fifty-two week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

FLWS has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday, March 7th. DA Davidson reaffirmed a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

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.