Aviance Capital Partners LLC Sells 1,351 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Aviance Capital Partners LLC lowered its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,888 shares of the specialty retailer’s stock after selling 1,351 shares during the period. Aviance Capital Partners LLC owned 0.22% of 1-800-FLOWERS.COM worth $1,551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. purchased a new stake in 1-800-FLOWERS.COM during the third quarter valued at approximately $73,000. Stratos Wealth Advisors LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $208,000. Prosperity Wealth Management Inc. acquired a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter worth $248,000. Raymond James & Associates boosted its position in shares of 1-800-FLOWERS.COM by 21.1% in the 4th quarter. Raymond James & Associates now owns 25,800 shares of the specialty retailer’s stock worth $278,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at about $189,000. Institutional investors own 38.43% of the company’s stock.

Insider Activity

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $9.32, for a total value of $27,960.00. Following the completion of the sale, the insider now directly owns 72,739 shares of the company’s stock, valued at approximately $677,927.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 49.77% of the company’s stock.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock traded down $0.12 during midday trading on Monday, reaching $8.78. The company had a trading volume of 368,010 shares, compared to its average volume of 380,799. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12. 1-800-FLOWERS.COM, Inc. has a 12-month low of $5.97 and a 12-month high of $11.42. The company has a market capitalization of $566.31 million, a P/E ratio of -73.17, a P/E/G ratio of 2.47 and a beta of 1.67. The firm’s fifty day simple moving average is $9.80 and its 200-day simple moving average is $9.61.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, May 2nd. The specialty retailer reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.04). 1-800-FLOWERS.COM had a negative net margin of 0.42% and a positive return on equity of 3.29%. The firm had revenue of $379.40 million during the quarter, compared to analyst estimates of $383.73 million. During the same period in the prior year, the company posted ($0.27) earnings per share. The firm’s revenue for the quarter was down 9.1% compared to the same quarter last year. As a group, equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.24 EPS for the current year.

Analysts Set New Price Targets

FLWS has been the topic of several research reports. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Friday. DA Davidson cut their price objective on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a report on Friday.

About 1-800-FLOWERS.COM

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.