Voya Investment Management LLC Invests $132,000 in 1-800-Flowers.Com Inc (FLWS) Stock

Voya Investment Management LLC acquired a new position in shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,505 shares of the specialty retailer’s stock, valued at approximately $132,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Citadel Advisors LLC bought a new position in 1-800-Flowers.Com in the 1st quarter worth about $229,000. Northern Trust Corp grew its position in 1-800-Flowers.Com by 1.8% in the 1st quarter. Northern Trust Corp now owns 335,350 shares of the specialty retailer’s stock worth $3,957,000 after purchasing an additional 5,979 shares during the last quarter. Bank of New York Mellon Corp grew its position in 1-800-Flowers.Com by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock worth $2,641,000 after purchasing an additional 5,740 shares during the last quarter. GSA Capital Partners LLP grew its position in 1-800-Flowers.Com by 106.3% in the 1st quarter. GSA Capital Partners LLP now owns 33,580 shares of the specialty retailer’s stock worth $396,000 after purchasing an additional 17,300 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in 1-800-Flowers.Com by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,851,640 shares of the specialty retailer’s stock worth $33,649,000 after purchasing an additional 16,809 shares during the last quarter. Hedge funds and other institutional investors own 33.38% of the company’s stock.

1-800-Flowers.Com stock opened at $10.76 on Friday. The company has a quick ratio of 1.48, a current ratio of 2.19 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $694.99 million, a PE ratio of 24.45, a P/E/G ratio of 2.69 and a beta of 1.07. 1-800-Flowers.Com Inc has a 12-month low of $8.85 and a 12-month high of $15.00.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, August 23rd. The specialty retailer reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.01. The business had revenue of $229.93 million during the quarter, compared to analysts’ expectations of $227.57 million. 1-800-Flowers.Com had a net margin of 3.54% and a return on equity of 9.49%. The business’s revenue was down 4.0% on a year-over-year basis. During the same period last year, the firm posted ($0.11) earnings per share. As a group, sell-side analysts anticipate that 1-800-Flowers.Com Inc will post 0.4 EPS for the current fiscal year.

FLWS has been the subject of several recent analyst reports. BidaskClub cut shares of 1-800-Flowers.Com from a “buy” rating to a “hold” rating in a research report on Thursday, July 19th. Zacks Investment Research cut shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research report on Monday, August 27th. Noble Financial restated a “hold” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, August 28th. Northcoast Research restated a “neutral” rating on shares of 1-800-Flowers.Com in a research report on Wednesday, August 15th. Finally, Benchmark restated a “buy” rating and issued a $16.00 target price (up previously from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $13.25.

In other news, CEO Christopher G. Mccann sold 12,500 shares of the stock in a transaction that occurred on Friday, October 12th. The shares were sold at an average price of $11.10, for a total value of $138,750.00. Following the completion of the transaction, the chief executive officer now directly owns 937,328 shares in the company, valued at $10,404,340.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Christopher G. Mccann sold 15,000 shares of the stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $14.34, for a total transaction of $215,100.00. Following the completion of the transaction, the chief executive officer now owns 1,141,709 shares of the company’s stock, valued at $16,372,107.06. The disclosure for this sale can be found here. Insiders sold 73,750 shares of company stock valued at $925,038 over the last quarter. Insiders own 53.17% of the company’s stock.

1-800-Flowers.Com Company Profile

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 Foods & 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, jewelry, and plush stuffed animals.

Further Reading: Moving Average (MA)

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

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