California State Teachers Retirement System increased its stake in shares of 1-800-Flowers.com Inc. (NASDAQ:FLWS) by 3.0% during the second quarter, Holdings Channel reports. The fund owned 54,587 shares of the company’s stock after buying an additional 1,591 shares during the period. California State Teachers Retirement System owned 0.08% of 1-800-Flowers.com worth $492,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY boosted its stake in 1-800-Flowers.com by 7.8% in the first quarter. Metropolitan Life Insurance Co. NY now owns 19,753 shares of the company’s stock valued at $156,000 after buying an additional 1,428 shares during the last quarter. Bank of Montreal Can bought a new stake in 1-800-Flowers.com during the second quarter valued at about $186,000. Springbok Capital Management LLC bought a new stake in 1-800-Flowers.com during the first quarter valued at about $288,000. Bbva Compass Bancshares Inc. bought a new stake in 1-800-Flowers.com during the second quarter valued at about $303,000. Finally, BTC Capital Management Inc. boosted its stake in 1-800-Flowers.com by 6.6% in the second quarter. BTC Capital Management Inc. now owns 44,936 shares of the company’s stock valued at $406,000 after buying an additional 2,794 shares during the last quarter. Hedge funds and other institutional investors own 34.33% of the company’s stock.
1-800-Flowers.com Inc. (NASDAQ:FLWS) traded up 2.17% on Monday, reaching $9.41. 32,341 shares of the company’s stock traded hands. The stock has a market capitalization of $611.75 million, a price-to-earnings ratio of 17.11 and a beta of 1.76. The firm has a 50-day moving average price of $9.25 and a 200-day moving average price of $8.57. 1-800-Flowers.com Inc. has a 52 week low of $6.11 and a 52 week high of $10.88.
1-800-Flowers.com (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, August 25th. The company reported ($0.14) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.14). 1-800-Flowers.com had a return on equity of 12.33% and a net margin of 3.14%. The business had revenue of $234.40 million for the quarter, compared to analyst estimates of $228.18 million. During the same quarter in the prior year, the firm posted ($0.13) EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts predict that 1-800-Flowers.com Inc. will post $0.47 earnings per share for the current year.
FLWS has been the topic of several recent analyst reports. B. Riley reiterated a “buy” rating and set a $11.00 price objective on shares of 1-800-Flowers.com in a research report on Wednesday, August 31st. Noble Financial reissued a “buy” rating and issued a $12.50 target price (up from $11.00) on shares of 1-800-Flowers.com in a report on Monday, August 29th. Wunderlich cut their target price on shares of 1-800-Flowers.com from $12.00 to $9.00 and set a “buy” rating for the company in a report on Tuesday, August 23rd. Zacks Investment Research raised shares of 1-800-Flowers.com from a “sell” rating to a “hold” rating in a report on Tuesday, September 13th. Finally, Ladenburg Thalmann initiated coverage on shares of 1-800-Flowers.com in a report on Wednesday, August 17th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. 1-800-Flowers.com presently has an average rating of “Buy” and a consensus price target of $11.63.
In other 1-800-Flowers.com news, General Counsel Gerard M. Gallagher sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The stock was sold at an average price of $9.28, for a total value of $232,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 53.90% of the stock is owned by company insiders.
1-800-Flowers.com Company Profile
1-800-FLOWERS.COM, Inc is a florist and gift shop. The Company delivers fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and plush stuffed animals. The Company operates through three segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
Want to see what other hedge funds are holding FLWS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for 1-800-Flowers.com Inc. (NASDAQ:FLWS).
Receive News & Ratings for 1-800-Flowers.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-Flowers.com Inc. and related companies with MarketBeat.com's FREE daily email newsletter.