American Century Companies Inc. Decreases Stock Position in 1-800 FLOWERS.COM, Inc. $FLWS

Key Points

• American Century Companies Inc. reduced its holdings in 1-800 FLOWERS.COM by 30.4%, now owning 461,029 shares valued at approximately $2.72 million.
• Several institutional investors have recently adjusted their positions, with ING Groep NV acquiring a new stake worth about $4.43 million in the same quarter.
• Analysts have downgraded the stock, with Noble Financial changing its rating from "strong-buy" to "hold," and the current consensus rating is "hold" with a price target of $7.50.

American Century Companies Inc. trimmed its position in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 30.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 461,029 shares of the specialty retailer's stock after selling 201,321 shares during the period. American Century Companies Inc. owned approximately 0.72% of 1-800 FLOWERS.COM worth $2,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in shares of 1-800 FLOWERS.COM by 38,664.9% during the 1st quarter. Russell Investments Group Ltd. now owns 14,343 shares of the specialty retailer's stock worth $85,000 after acquiring an additional 14,306 shares in the last quarter. Nuveen LLC purchased a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter worth approximately $449,000. Entropy Technologies LP purchased a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter worth approximately $84,000. Invesco Ltd. raised its holdings in shares of 1-800 FLOWERS.COM by 6.0% during the 1st quarter. Invesco Ltd. now owns 124,811 shares of the specialty retailer's stock worth $736,000 after acquiring an additional 7,012 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of 1-800 FLOWERS.COM by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 332,273 shares of the specialty retailer's stock worth $1,960,000 after acquiring an additional 10,732 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

1-800 FLOWERS.COM Stock Down 1.8%

Shares of NASDAQ FLWS traded down $0.10 during mid-day trading on Thursday, reaching $5.24. 1,388,493 shares of the company were exchanged, compared to its average volume of 689,605. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 0.45. The stock has a market cap of $332.74 million, a price-to-earnings ratio of -1.98 and a beta of 1.37. 1-800 FLOWERS.COM, Inc. has a 1 year low of $3.86 and a 1 year high of $9.24. The firm has a 50-day moving average of $5.63 and a 200 day moving average of $5.65.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.18). 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%.The business's quarterly revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.34) EPS. On average, research analysts expect that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Insider Buying and Selling at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 19,920 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was bought at an average cost of $5.06 per share, for a total transaction of $100,795.20. Following the completion of the purchase, the insider owned 9,527,250 shares in the company, valued at $48,207,885. This represents a 0.21% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders acquired 108,897 shares of company stock worth $545,673. Corporate insiders own 51.00% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a report on Saturday, August 30th. Noble Financial lowered 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday, May 12th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $7.50.

1-800 FLOWERS.COM Company Profile

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.