Invesco Ltd. Buys 7,012 Shares of 1-800 FLOWERS.COM, Inc. $FLWS

Invesco Ltd. boosted its holdings in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) by 6.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,811 shares of the specialty retailer’s stock after buying an additional 7,012 shares during the period. Invesco Ltd. owned approximately 0.20% of 1-800 FLOWERS.COM worth $736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Fund 1 Investments LLC boosted its stake in shares of 1-800 FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after buying an additional 461,000 shares during the last quarter. Nomura Holdings Inc. increased its holdings in shares of 1-800 FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. ING Groep NV acquired a new stake in 1-800 FLOWERS.COM during the first quarter worth $4,425,000. Charles Schwab Investment Management Inc. boosted its position in shares of 1-800 FLOWERS.COM by 3.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 332,273 shares of the specialty retailer’s stock worth $1,960,000 after buying an additional 10,732 shares during the period. Finally, Northern Trust Corp boosted its position in shares of 1-800 FLOWERS.COM by 1.1% during the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock worth $1,997,000 after buying an additional 2,663 shares during the period. 38.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 19,920 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The shares were purchased at an average price of $5.06 per share, for a total transaction of $100,795.20. Following the completion of the purchase, the insider directly owned 9,527,250 shares in the company, valued at $48,207,885. The trade was a 0.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have bought a total of 108,897 shares of company stock worth $545,673 in the last quarter. 51.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on FLWS. Noble Financial lowered 1-800 FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a report on Friday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Saturday, August 30th. Finally, Wall Street Zen cut 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $7.50.

1-800 FLOWERS.COM Stock Down 4.5%

Shares of NASDAQ FLWS opened at $5.33 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The stock has a fifty day moving average price of $5.63 and a 200 day moving average price of $5.65. The company has a market cap of $338.77 million, a P/E ratio of -2.01 and a beta of 1.37. 1-800 FLOWERS.COM, Inc. has a 12-month low of $3.86 and a 12-month high of $9.24.

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.