1-800 FLOWERS.COM, Inc. (FLWS) Shares Bought by Capital Management Corp VA
Capital Management Corp VA boosted its holdings in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) by 7.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 197,900 shares of the specialty retailer’s stock after buying an additional 14,080 shares during the quarter. Capital Management Corp VA owned approximately 0.31% of 1-800 FLOWERS.COM worth $1,949,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in 1-800 FLOWERS.COM by 67.1% in the first quarter. JPMorgan Chase & Co. now owns 9,785 shares of the specialty retailer’s stock valued at $100,000 after buying an additional 3,929 shares in the last quarter. Cigna Investments Inc. New acquired a new stake in 1-800 FLOWERS.COM in the second quarter valued at about $120,000. Karp Capital Management Corp acquired a new stake in 1-800 FLOWERS.COM in the first quarter valued at about $130,000. American International Group Inc. boosted its stake in 1-800 FLOWERS.COM by 7.1% in the first quarter. American International Group Inc. now owns 16,036 shares of the specialty retailer’s stock valued at $164,000 after buying an additional 1,066 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in 1-800 FLOWERS.COM by 31.7% in the first quarter. Russell Investments Group Ltd. now owns 18,906 shares of the specialty retailer’s stock valued at $192,000 after buying an additional 4,546 shares in the last quarter. 34.01% of the stock is currently owned by institutional investors and hedge funds.
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1-800 FLOWERS.COM, Inc. (FLWS) traded up $0.12 during trading on Monday, reaching $9.63. The company’s stock had a trading volume of 55,934 shares, compared to its average volume of 145,286. The company has a market capitalization of $616.34, a P/E ratio of 21.11, a PEG ratio of 1.46 and a beta of 1.59. The company has a quick ratio of 1.45, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. 1-800 FLOWERS.COM, Inc. has a 1 year low of $7.80 and a 1 year high of $11.40.
1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Tuesday, October 31st. The specialty retailer reported ($0.20) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.01. The firm had revenue of $157.35 million for the quarter, compared to analyst estimates of $157.63 million. 1-800 FLOWERS.COM had a return on equity of 11.13% and a net margin of 3.93%. The business’s revenue was down 5.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.24) earnings per share. equities research analysts forecast that 1-800 FLOWERS.COM, Inc. will post 0.46 EPS for the current year.
1-800 FLOWERS.COM announced that its Board of Directors has initiated a stock buyback plan on Wednesday, September 6th that permits the company to repurchase $15.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.
Several research firms recently weighed in on FLWS. Noble Financial reaffirmed a “buy” rating on shares of 1-800 FLOWERS.COM in a research note on Thursday. Zacks Investment Research upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Benchmark Co. dropped their target price on 1-800 FLOWERS.COM to $13.00 and set a “buy” rating for the company in a research report on Wednesday, November 1st. FBR & Co set a $13.00 target price on 1-800 FLOWERS.COM and gave the company a “buy” rating in a research report on Wednesday, November 1st. Finally, DA Davidson reiterated a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of 1-800 FLOWERS.COM in a research report on Monday, August 28th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $12.17.
1-800 FLOWERS.COM Profile
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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