Aviance Capital Partners LLC Has $88,000 Stake in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)

Aviance Capital Partners LLC reduced its holdings in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 92.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,913 shares of the specialty retailer's stock after selling 176,222 shares during the quarter. Aviance Capital Partners LLC's holdings in 1-800 FLOWERS.COM were worth $88,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FLWS. Jones Financial Companies Lllp increased its holdings in 1-800 FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock worth $30,000 after acquiring an additional 1,999 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter valued at $155,000. Inceptionr LLC bought a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter valued at $101,000. First Eagle Investment Management LLC raised its stake in shares of 1-800 FLOWERS.COM by 117.4% during the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer's stock valued at $2,853,000 after purchasing an additional 188,582 shares during the period. Finally, Monimus Capital Management LP bought a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter valued at $297,000. 38.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on FLWS shares. Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a research report on Monday, May 12th. DA Davidson reissued a "neutral" rating and set a $7.50 price objective on shares of 1-800 FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings reissued a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a report on Friday, June 27th. Finally, Noble Financial cut shares of 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc purchased 19,920 shares of 1-800 FLOWERS.COM stock in a transaction that occurred on Tuesday, June 24th. The stock was acquired at an average price of $5.06 per share, for a total transaction of $100,795.20. Following the transaction, the insider owned 9,527,250 shares in the company, valued at $48,207,885. The trade was a 0.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders have bought a total of 765,647 shares of company stock worth $3,837,710 in the last quarter. 51.00% of the stock is owned by corporate insiders.

1-800 FLOWERS.COM Price Performance

Shares of FLWS stock traded up $0.05 during trading hours on Wednesday, reaching $5.65. The company had a trading volume of 207,048 shares, compared to its average volume of 516,264. The company has a market capitalization of $359.11 million, a price-to-earnings ratio of -2.13 and a beta of 1.48. 1-800 FLOWERS.COM, Inc. has a 12-month low of $3.86 and a 12-month high of $11.10. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 1.55. The stock has a fifty day moving average of $5.10 and a 200-day moving average of $6.31.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%. The company had revenue of $331.45 million for the quarter, compared to analysts' expectations of $367.85 million. During the same period in the prior year, the business earned ($0.28) EPS. The business's quarterly revenue was down 23.1% compared to the same quarter last year. On average, equities analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

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.