1-800-Flowers.Com Inc (FLWS) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System boosted its position in shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) by 2.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 126,067 shares of the specialty retailer’s stock after purchasing an additional 3,564 shares during the period. California Public Employees Retirement System owned 0.20% of 1-800-Flowers.Com worth $1,582,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northern Trust Corp grew its position in 1-800-Flowers.Com by 1.8% during the 1st quarter. Northern Trust Corp now owns 335,350 shares of the specialty retailer’s stock worth $3,957,000 after purchasing an additional 5,979 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of 1-800-Flowers.Com by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock valued at $2,641,000 after acquiring an additional 5,740 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of 1-800-Flowers.Com by 13.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 163,290 shares of the specialty retailer’s stock valued at $2,050,000 after acquiring an additional 19,704 shares in the last quarter. Barclays PLC grew its holdings in shares of 1-800-Flowers.Com by 103.0% during the 1st quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock valued at $139,000 after acquiring an additional 5,983 shares in the last quarter. Finally, Voya Investment Management LLC purchased a new position in shares of 1-800-Flowers.Com during the 2nd quarter valued at $132,000. Hedge funds and other institutional investors own 32.95% of the company’s stock.

1-800-Flowers.Com stock opened at $13.37 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.48 and a current ratio of 2.19. 1-800-Flowers.Com Inc has a 12 month low of $8.85 and a 12 month high of $15.00. The firm has a market cap of $863.57 million, a PE ratio of 30.39, a P/E/G ratio of 3.34 and a beta of 1.11.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.03. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.82%. The business had revenue of $169.50 million for the quarter, compared to analysts’ expectations of $165.59 million. During the same period in the previous year, the company posted ($0.20) EPS. 1-800-Flowers.Com’s revenue was up 7.8% on a year-over-year basis. As a group, equities analysts expect that 1-800-Flowers.Com Inc will post 0.4 earnings per share for the current fiscal year.

In related news, CEO Christopher G. Mccann sold 15,000 shares of 1-800-Flowers.Com stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $11.83, for a total value of $177,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Christopher G. Mccann sold 12,500 shares of 1-800-Flowers.Com stock in a transaction on Friday, October 12th. The shares were sold at an average price of $11.10, for a total transaction of $138,750.00. Following the completion of the sale, the chief executive officer now directly owns 937,328 shares of the company’s stock, valued at approximately $10,404,340.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,750 shares of company stock valued at $709,788. 53.17% of the stock is owned by company insiders.

Several research firms have recently commented on FLWS. BidaskClub upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 15th. Benchmark restated a “buy” rating and set a $16.00 price target (up from $14.00) on shares of 1-800-Flowers.Com in a report on Wednesday, August 22nd. Northcoast Research restated a “neutral” rating on shares of 1-800-Flowers.Com in a report on Wednesday, August 15th. ValuEngine upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Friday. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $13.33.

About 1-800-Flowers.Com

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.

Further Reading: Understanding each part of a balance sheet

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

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