Strs Ohio Acquires 32,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Strs Ohio grew its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 98.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 65,500 shares of the specialty retailer’s stock after buying an additional 32,500 shares during the period. Strs Ohio owned approximately 0.10% of 1-800-FLOWERS.COM worth $510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC grew its holdings in shares of 1-800-FLOWERS.COM by 222.0% in the 2nd quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 1,976 shares during the period. Mendota Financial Group LLC acquired a new position in 1-800-FLOWERS.COM in the 1st quarter worth $36,000. Tower Research Capital LLC TRC boosted its stake in 1-800-FLOWERS.COM by 317.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 3,886 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 2,955 shares during the period. UBS Group AG boosted its stake in 1-800-FLOWERS.COM by 3,450.7% in the 2nd quarter. UBS Group AG now owns 5,326 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 5,176 shares during the period. Finally, Dark Forest Capital Management LP boosted its stake in 1-800-FLOWERS.COM by 17,842.3% in the 1st quarter. Dark Forest Capital Management LP now owns 4,665 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 4,639 shares during the period. Institutional investors and hedge funds own 37.51% of the company’s stock.

1-800-FLOWERS.COM Trading Down 2.3 %

1-800-FLOWERS.COM stock opened at $7.10 on Monday. The firm has a 50-day moving average of $7.00 and a 200-day moving average of $8.00. 1-800-FLOWERS.COM, Inc. has a one year low of $5.97 and a one year high of $13.29. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.69 and a quick ratio of 0.83. The company has a market cap of $460.08 million, a price-to-earnings ratio of -10.14, a P/E/G ratio of 1.69 and a beta of 1.66.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, August 31st. The specialty retailer reported ($0.28) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.04. 1-800-FLOWERS.COM had a negative net margin of 2.22% and a positive return on equity of 2.68%. The company had revenue of $398.80 million during the quarter, compared to the consensus estimate of $413.31 million. During the same period in the prior year, the business posted ($0.34) EPS. The company’s quarterly revenue was down 17.9% on a year-over-year basis. On average, equities analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. DA Davidson reduced their target price on shares of 1-800-FLOWERS.COM from $11.00 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, September 20th. StockNews.com assumed coverage on shares of 1-800-FLOWERS.COM in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.50.

Insider Transactions at 1-800-FLOWERS.COM

In other news, President Thomas G. Hartnett bought 25,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were bought at an average cost of $6.09 per share, with a total value of $152,250.00. Following the acquisition, the president now owns 280,333 shares in the company, valued at $1,707,227.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, President Thomas G. Hartnett bought 25,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were bought at an average cost of $6.09 per share, with a total value of $152,250.00. Following the acquisition, the president now owns 280,333 shares in the company, valued at $1,707,227.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO William E. Shea bought 30,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was purchased at an average cost of $6.34 per share, for a total transaction of $190,200.00. Following the completion of the acquisition, the chief financial officer now owns 274,883 shares in the company, valued at approximately $1,742,758.22. The disclosure for this purchase can be found here. Company insiders own 49.78% of the company’s stock.

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.