Penserra Capital Management LLC Grows Position in 1-800 FLOWERS.COM, Inc. $FLWS

Penserra Capital Management LLC boosted its stake in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) by 20.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 735,871 shares of the specialty retailer’s stock after buying an additional 125,891 shares during the period. Penserra Capital Management LLC owned 1.16% of 1-800 FLOWERS.COM worth $3,385,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. State of Wyoming grew its stake in shares of 1-800 FLOWERS.COM by 197.8% during the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 6,531 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of 1-800 FLOWERS.COM by 62.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 23,232 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 8,889 shares in the last quarter. Yousif Capital Management LLC purchased a new position in shares of 1-800 FLOWERS.COM in the second quarter valued at approximately $50,000. Los Angeles Capital Management LLC acquired a new stake in 1-800 FLOWERS.COM in the 2nd quarter valued at about $57,000. Finally, Rhumbline Advisers grew its holdings in shares of 1-800 FLOWERS.COM by 34.0% in the second quarter. Rhumbline Advisers now owns 53,581 shares of the specialty retailer’s stock valued at $264,000 after purchasing an additional 13,599 shares during the period. 38.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $7.50.

1-800 FLOWERS.COM Trading Down 2.0%

FLWS opened at $4.02 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.43. The firm has a market cap of $255.75 million, a price-to-earnings ratio of -1.20 and a beta of 1.18. 1-800 FLOWERS.COM, Inc. has a 52 week low of $2.93 and a 52 week high of $9.12. The business’s 50 day moving average is $4.17 and its two-hundred day moving average is $4.57.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 29th. The specialty retailer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. The business had revenue of $702.18 million during the quarter, compared to analysts’ expectations of $700.58 million. 1-800 FLOWERS.COM had a negative net margin of 13.41% and a negative return on equity of 23.80%. On average, research analysts predict that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

1-800 FLOWERS.COM Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.