Rhumbline Advisers Decreases Stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Rhumbline Advisers cut its position in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 4.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 41,886 shares of the specialty retailer’s stock after selling 1,985 shares during the period. Rhumbline Advisers’ holdings in 1-800-FLOWERS.COM were worth $342,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $947,000. Empowered Funds LLC grew its position in 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after acquiring an additional 114,072 shares in the last quarter. Systematic Financial Management LP bought a new stake in 1-800-FLOWERS.COM during the third quarter worth approximately $484,000. Quest Partners LLC purchased a new stake in 1-800-FLOWERS.COM during the third quarter valued at approximately $452,000. Finally, Aviance Capital Partners LLC lifted its stake in shares of 1-800-FLOWERS.COM by 21.9% in the 3rd quarter. Aviance Capital Partners LLC now owns 158,052 shares of the specialty retailer’s stock valued at $1,253,000 after purchasing an additional 28,437 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Insider Transactions at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 15,500 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were acquired at an average cost of $6.43 per share, for a total transaction of $99,665.00. Following the purchase, the insider now directly owns 7,658,469 shares of the company’s stock, valued at approximately $49,243,955.67. The trade was a 0.20 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders acquired 1,953,605 shares of company stock worth $15,151,661. 51.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

1-800-FLOWERS.COM Stock Performance

1-800-FLOWERS.COM stock opened at $6.55 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The firm has a market capitalization of $416.59 million, a P/E ratio of -59.55 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.13 and a 1-year high of $11.42. The company’s 50-day moving average is $7.90 and its 200 day moving average is $7.97.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

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.