Northern Trust Corp Has $2 Million Stock Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Northern Trust Corp grew its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 244,373 shares of the specialty retailer’s stock after purchasing an additional 2,663 shares during the period. Northern Trust Corp owned approximately 0.38% of 1-800-FLOWERS.COM worth $1,997,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FLWS. First Eagle Investment Management LLC raised its holdings in shares of 1-800-FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after purchasing an additional 188,582 shares during the period. Cannell Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $628,000. Gamco Investors INC. ET AL raised its holdings in shares of 1-800-FLOWERS.COM by 6.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after purchasing an additional 76,400 shares during the period. Walleye Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $419,000. Finally, Monimus Capital Management LP acquired a new position in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $297,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc acquired 5,000 shares of 1-800-FLOWERS.COM stock in a transaction on Wednesday, March 26th. The stock was acquired at an average cost of $6.01 per share, with a total value of $30,050.00. Following the transaction, the insider now owns 8,160,969 shares of the company’s stock, valued at approximately $49,047,423.69. This trade represents a 0.06% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders bought 905,098 shares of company stock valued at $5,126,582. Corporate insiders own 51.00% of the company’s stock.

Analysts Set New Price Targets

FLWS has been the topic of several research reports. Noble Financial lowered shares of 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a report on Friday, May 9th. Wall Street Zen downgraded shares of 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th. DA Davidson reissued 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. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, May 10th.

1-800-FLOWERS.COM Trading Down 3.9%

NASDAQ:FLWS opened at $4.67 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The firm has a 50-day moving average of $5.40 and a 200-day moving average of $6.94. The company has a market cap of $296.84 million, a PE ratio of -42.45 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a one year low of $3.86 and a one year high of $11.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The firm had revenue of $331.45 million during the quarter, compared to the consensus estimate of $367.85 million. During the same period in the previous year, the company posted ($0.28) earnings per share. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. As a group, equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

1-800-FLOWERS.COM Company 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.