Nomura Holdings Inc. Has $12.07 Million Stock Position in 1-800 FLOWERS.COM, Inc. $FLWS

Key Points

• Nomura Holdings Inc. reduced its position in 1-800 FLOWERS.COM by 30.5%, now holding approximately 3.22% of the company after selling nearly 896,000 shares.
• Major shareholder Fund 1 Investments, Llc recently acquired 40,000 shares of 1-800 FLOWERS.COM, increasing its ownership to about 51.00% of the company.
• Analysts have expressed a negative sentiment towards 1-800 FLOWERS.COM, with Weiss Ratings giving a "sell" rating and others downgrading it from "strong-buy" to "hold."

Nomura Holdings Inc. reduced its holdings in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 30.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,045,752 shares of the specialty retailer's stock after selling 895,820 shares during the period. Nomura Holdings Inc. owned about 3.22% of 1-800 FLOWERS.COM worth $12,070,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FLWS. AlphaQuest LLC purchased a new stake in 1-800 FLOWERS.COM in the 1st quarter worth about $25,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in 1-800 FLOWERS.COM by 123.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,671 shares of the specialty retailer's stock worth $81,000 after acquiring an additional 7,561 shares in the last quarter. Entropy Technologies LP acquired a new position in 1-800 FLOWERS.COM in the 1st quarter valued at approximately $84,000. Russell Investments Group Ltd. increased its stake in 1-800 FLOWERS.COM by 38,664.9% in the 1st quarter. Russell Investments Group Ltd. now owns 14,343 shares of the specialty retailer's stock valued at $85,000 after buying an additional 14,306 shares during the period. Finally, MetLife Investment Management LLC increased its stake in 1-800 FLOWERS.COM by 28.8% in the 1st quarter. MetLife Investment Management LLC now owns 14,783 shares of the specialty retailer's stock valued at $87,000 after buying an additional 3,302 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 40,000 shares of the company's stock in a transaction dated Friday, June 13th. The shares were bought at an average price of $4.97 per share, for a total transaction of $198,800.00. Following the purchase, the insider directly owned 9,479,673 shares in the company, valued at $47,113,974.81. This trade represents a 0.42% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders have acquired 87,577 shares of company stock worth $438,433. Corporate insiders own 51.00% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on FLWS. Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a research note on Saturday, August 30th. Noble Financial lowered shares of 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Wall Street Zen downgraded 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $7.50.

1-800 FLOWERS.COM Stock Down 1.5%

Shares of FLWS traded down $0.08 during mid-day trading on Friday, hitting $5.10. 659,909 shares of the company's stock were exchanged, compared to its average volume of 386,598. The firm has a fifty day moving average of $5.63 and a two-hundred day moving average of $5.60. 1-800 FLOWERS.COM, Inc. has a twelve month low of $3.86 and a twelve month high of $9.24. The stock has a market cap of $324.18 million, a price-to-earnings ratio of -1.62 and a beta of 1.37. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 0.45.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The specialty retailer reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.51) by ($0.18). 1-800 FLOWERS.COM had a negative return on equity of 12.64% and a negative net margin of 11.86%.The business had revenue of $336.62 million for the quarter, compared to analyst estimates of $330.58 million. During the same quarter last year, the company earned ($0.34) EPS. The business's revenue for the quarter was down 6.7% compared to the same quarter last year. On average, sell-side analysts forecast that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share 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.