1-800-Flowers.Com Inc (FLWS) Shares Sold by Bessemer Group Inc.

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Bessemer Group Inc. lowered its stake in shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) by 12.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,300 shares of the specialty retailer’s stock after selling 7,200 shares during the period. Bessemer Group Inc.’s holdings in 1-800-Flowers.Com were worth $615,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Northern Trust Corp boosted its stake in 1-800-Flowers.Com by 9.4% during the 2nd quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock valued at $4,605,000 after purchasing an additional 31,595 shares during the period. Martingale Asset Management L P lifted its position in shares of 1-800-Flowers.Com by 15.3% in the 3rd quarter. Martingale Asset Management L P now owns 158,559 shares of the specialty retailer’s stock worth $1,871,000 after acquiring an additional 21,013 shares during the period. BlackRock Inc. lifted its position in shares of 1-800-Flowers.Com by 1.7% in the 3rd quarter. BlackRock Inc. now owns 1,876,755 shares of the specialty retailer’s stock worth $22,145,000 after acquiring an additional 30,740 shares during the period. GSA Capital Partners LLP lifted its position in shares of 1-800-Flowers.Com by 68.2% in the 3rd quarter. GSA Capital Partners LLP now owns 55,074 shares of the specialty retailer’s stock worth $650,000 after acquiring an additional 22,336 shares during the period. Finally, Citadel Advisors LLC lifted its position in shares of 1-800-Flowers.Com by 52.2% in the 3rd quarter. Citadel Advisors LLC now owns 19,738 shares of the specialty retailer’s stock worth $232,000 after acquiring an additional 6,771 shares during the period. Institutional investors own 32.98% of the company’s stock.

Shares of FLWS stock opened at $18.00 on Monday. The company has a quick ratio of 1.60, a current ratio of 1.92 and a debt-to-equity ratio of 0.24. 1-800-Flowers.Com Inc has a 12 month low of $10.01 and a 12 month high of $18.59. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 40.91, a PEG ratio of 4.01 and a beta of 1.31.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its earnings results on Thursday, January 31st. The specialty retailer reported $1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.07. The business had revenue of $571.32 million during the quarter, compared to the consensus estimate of $554.50 million. 1-800-Flowers.Com had a return on equity of 10.94% and a net margin of 2.86%. On average, equities research analysts forecast that 1-800-Flowers.Com Inc will post 0.46 EPS for the current year.

A number of analysts have commented on the company. Zacks Investment Research upgraded 1-800-Flowers.Com from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Tuesday, December 18th. BidaskClub upgraded 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. reiterated a “buy” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, November 20th. DA Davidson raised their price objective on 1-800-Flowers.Com to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 1st. Finally, Noble Financial upgraded 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a research report on Friday, February 1st. Three analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $18.00.

In related news, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, January 4th. The stock was sold at an average price of $12.40, for a total transaction of $155,000.00. Following the completion of the transaction, the chief executive officer now owns 943,328 shares in the company, valued at approximately $11,697,267.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $18.15, for a total value of $453,750.00. Following the transaction, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $17,121,403.20. The disclosure for this sale can be found here. Insiders have sold a total of 182,000 shares of company stock valued at $2,723,185 in the last 90 days. 64.42% of the stock is owned by corporate insiders.

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1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

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Institutional Ownership by Quarter for 1-800-Flowers.Com (NASDAQ:FLWS)

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