First Eagle Investment Management LLC Has $2.85 Million Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

First Eagle Investment Management LLC increased its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 117.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 349,260 shares of the specialty retailer’s stock after buying an additional 188,582 shares during the quarter. First Eagle Investment Management LLC’s holdings in 1-800-FLOWERS.COM were worth $2,853,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. State Street Corp grew its position in 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after buying an additional 2,886 shares in the last quarter. Empowered Funds LLC grew its position in 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock worth $2,925,000 after buying an additional 17,351 shares in the last quarter. Aviance Capital Partners LLC lifted its stake in 1-800-FLOWERS.COM by 20.9% during the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer’s stock worth $1,562,000 after purchasing an additional 33,083 shares during the last quarter. GSA Capital Partners LLP bought a new stake in 1-800-FLOWERS.COM during the third quarter worth $947,000. Finally, Barclays PLC lifted its stake in 1-800-FLOWERS.COM by 24.3% during the third quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock worth $778,000 after purchasing an additional 19,150 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on FLWS shares. Weiss Ratings restated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th. DA Davidson restated a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Friday.

Insider Activity at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc acquired 396,004 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average cost of $7.73 per share, for a total transaction of $3,061,110.92. Following the completion of the acquisition, the insider now directly owns 5,154,769 shares of the company’s stock, valued at approximately $39,846,364.37. This trade represents a 8.32 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders purchased 1,953,605 shares of company stock worth $15,151,661 over the last three months. Company insiders own 51.00% of the company’s stock.

1-800-FLOWERS.COM Stock Down 3.2 %

Shares of FLWS opened at $5.84 on Friday. 1-800-FLOWERS.COM, Inc. has a 52 week low of $5.76 and a 52 week high of $11.42. The stock has a market capitalization of $371.43 million, a price-to-earnings ratio of -53.09 and a beta of 1.81. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The stock has a fifty day moving average of $7.72 and a 200-day moving average of $7.87.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. As a group, sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal 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.