State of New Jersey Common Pension Fund D Has $1.26 Million Position in 1-800-Flowers (FLWS)

State of New Jersey Common Pension Fund D lowered its stake in shares of 1-800-Flowers (NASDAQ:FLWS) by 16.1% during the first quarter, Holdings Channel reports. The fund owned 107,000 shares of the specialty retailer’s stock after selling 20,500 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in 1-800-Flowers were worth $1,263,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Eagle Boston Investment Management Inc. lifted its position in 1-800-Flowers by 5.1% during the fourth quarter. Eagle Boston Investment Management Inc. now owns 1,498,075 shares of the specialty retailer’s stock worth $16,029,000 after buying an additional 72,680 shares during the period. Foundry Partners LLC lifted its position in 1-800-Flowers by 6.8% during the fourth quarter. Foundry Partners LLC now owns 615,120 shares of the specialty retailer’s stock worth $6,582,000 after buying an additional 39,375 shares during the period. Penserra Capital Management LLC lifted its position in 1-800-Flowers by 102.0% during the fourth quarter. Penserra Capital Management LLC now owns 555,922 shares of the specialty retailer’s stock worth $5,948,000 after buying an additional 280,681 shares during the period. Prudential Financial Inc. lifted its position in 1-800-Flowers by 26.3% during the first quarter. Prudential Financial Inc. now owns 421,991 shares of the specialty retailer’s stock worth $4,979,000 after buying an additional 87,888 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in 1-800-Flowers by 9.7% during the fourth quarter. Bank of New York Mellon Corp now owns 321,916 shares of the specialty retailer’s stock worth $3,445,000 after buying an additional 28,552 shares during the period. 36.05% of the stock is currently owned by institutional investors and hedge funds.

1-800-Flowers stock opened at $12.95 on Friday. The stock has a market capitalization of $829.29 million, a PE ratio of 29.20, a PEG ratio of 2.21 and a beta of 1.16. The company has a current ratio of 2.35, a quick ratio of 1.77 and a debt-to-equity ratio of 0.29. 1-800-Flowers has a 12 month low of $7.80 and a 12 month high of $13.32.



1-800-Flowers (NASDAQ:FLWS) last released its quarterly earnings data on Tuesday, May 1st. The specialty retailer reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.01). The firm had revenue of $238.50 million during the quarter, compared to analysts’ expectations of $230.78 million. 1-800-Flowers had a return on equity of 9.86% and a net margin of 4.91%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned ($0.17) earnings per share. equities analysts forecast that 1-800-Flowers will post 0.41 earnings per share for the current fiscal year.

In other news, CEO Christopher G. Mccann sold 15,000 shares of the firm’s stock in a transaction dated Monday, April 2nd. The stock was sold at an average price of $11.72, for a total value of $175,800.00. Following the transaction, the chief executive officer now directly owns 965,626 shares in the company, valued at approximately $11,317,136.72. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders sold 75,000 shares of company stock worth $925,350. Company insiders own 53.17% of the company’s stock.

Several equities analysts recently weighed in on the company. Benchmark reduced their target price on 1-800-Flowers to $13.00 and set a “buy” rating on the stock in a research report on Thursday, February 1st. BidaskClub upgraded 1-800-Flowers from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Sidoti downgraded 1-800-Flowers from a “buy” rating to a “neutral” rating in a report on Tuesday, February 27th. Zacks Investment Research downgraded 1-800-Flowers from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, ValuEngine upgraded 1-800-Flowers from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.75.

About 1-800-Flowers

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 Food and 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, and plush stuffed animals.

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

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