Strs Ohio Decreases Stock Holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Strs Ohio decreased its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 26.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,900 shares of the specialty retailer’s stock after selling 19,500 shares during the quarter. Strs Ohio owned 0.08% of 1-800-FLOWERS.COM worth $591,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FLWS. Principal Financial Group Inc. purchased a new position in 1-800-FLOWERS.COM in the 3rd quarter worth about $73,000. Quantbot Technologies LP purchased a new position in 1-800-FLOWERS.COM in the 3rd quarter worth about $189,000. Stratos Wealth Advisors LLC purchased a new position in 1-800-FLOWERS.COM in the 4th quarter worth about $208,000. HGK Asset Management Inc. raised its position in 1-800-FLOWERS.COM by 10.3% in the 3rd quarter. HGK Asset Management Inc. now owns 35,251 shares of the specialty retailer’s stock worth $247,000 after buying an additional 3,300 shares during the last quarter. Finally, Teza Capital Management LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $272,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th.

1-800-FLOWERS.COM Trading Up 1.4 %

1-800-FLOWERS.COM stock opened at $9.28 on Friday. The business has a 50-day simple moving average of $9.91 and a two-hundred day simple moving average of $9.51. The company has a market cap of $598.56 million, a P/E ratio of -9.67, a P/E/G ratio of 2.20 and a beta of 1.66. 1-800-FLOWERS.COM, Inc. has a 52-week low of $5.97 and a 52-week high of $11.42. The company has a quick ratio of 1.12, a current ratio of 1.59 and a debt-to-equity ratio of 0.36.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, February 1st. The specialty retailer reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.05. The business had revenue of $822.10 million during the quarter, compared to the consensus estimate of $825.20 million. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS. Analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.28 EPS for the current year.

Insider Activity at 1-800-FLOWERS.COM

In related news, insider Arnold P. Leap sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $9.32, for a total transaction of $27,960.00. Following the completion of the transaction, the insider now directly owns 72,739 shares in the company, valued at approximately $677,927.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 49.77% of the stock is currently owned by corporate insiders.

About 1-800-FLOWERS.COM

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.