Nuveen LLC Invests $449,000 in 1-800 FLOWERS.COM, Inc. $FLWS

Key Points

• Nuveen LLC acquired a new position in 1-800 FLOWERS.COM, purchasing 76,171 shares worth approximately $449,000, reflecting a 0.12% ownership as per its latest SEC filing.
• 1-800 FLOWERS.COM reported a loss of $0.69 earnings per share for the last quarter, missing analysts' expectations, and a 6.7% decline in revenue from the previous year.
• A number of institutional investors, including Fund 1 Investments LLC and Nomura Holdings Inc., have recently increased their stakes in 1-800 FLOWERS.COM, indicating growing institutional interest in the stock.

Nuveen LLC purchased a new position in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 76,171 shares of the specialty retailer's stock, valued at approximately $449,000. Nuveen LLC owned approximately 0.12% of 1-800 FLOWERS.COM at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in 1-800 FLOWERS.COM by 23.2% in the 4th quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer's stock worth $120,000 after purchasing an additional 2,775 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of 1-800 FLOWERS.COM in the fourth quarter worth $155,000. Northern Trust Corp raised its position in shares of 1-800 FLOWERS.COM by 1.1% in the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer's stock worth $1,997,000 after buying an additional 2,663 shares in the last quarter. Jane Street Group LLC boosted its stake in 1-800 FLOWERS.COM by 37.1% during the fourth quarter. Jane Street Group LLC now owns 77,375 shares of the specialty retailer's stock valued at $632,000 after buying an additional 20,935 shares during the period. Finally, Corton Capital Inc. bought a new stake in 1-800 FLOWERS.COM during the fourth quarter valued at $211,000. Institutional investors own 38.43% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a research note on Saturday, August 30th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $7.50.

Insider Activity at 1-800 FLOWERS.COM

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

1-800 FLOWERS.COM Price Performance

FLWS traded up $0.03 during trading on Wednesday, reaching $5.12. The stock had a trading volume of 463,141 shares, compared to its average volume of 435,435. The business has a 50-day moving average of $5.62 and a 200-day moving average of $5.53. 1-800 FLOWERS.COM, Inc. has a one year low of $3.86 and a one year high of $9.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.73 and a current ratio of 1.28. The stock has a market cap of $325.43 million, a PE ratio of -1.63 and a beta of 1.37.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.18). The firm had revenue of $336.62 million during the quarter, compared to analysts' expectations of $330.58 million. 1-800 FLOWERS.COM had a negative return on equity of 13.87% and a negative net margin of 11.86%.1-800 FLOWERS.COM's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.34) earnings per share. As a group, equities research analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

1-800 FLOWERS.COM 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.