1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Bought by Federated Hermes Inc.

Federated Hermes Inc. raised its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 8.9% in the 2nd quarter, Holdings Channel reports. The fund owned 25,633 shares of the specialty retailer’s stock after purchasing an additional 2,100 shares during the period. Federated Hermes Inc.’s holdings in 1-800-FLOWERS.COM were worth $244,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FLWS. Charles Schwab Investment Management Inc. grew its position in 1-800-FLOWERS.COM by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 583,200 shares of the specialty retailer’s stock valued at $6,287,000 after acquiring an additional 8,376 shares in the last quarter. Dimensional Fund Advisors LP grew its position in 1-800-FLOWERS.COM by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,367,496 shares of the specialty retailer’s stock valued at $25,522,000 after acquiring an additional 38,529 shares in the last quarter. Gabelli Funds LLC boosted its stake in shares of 1-800-FLOWERS.COM by 3.8% during the 4th quarter. Gabelli Funds LLC now owns 135,000 shares of the specialty retailer’s stock valued at $1,455,000 after buying an additional 5,000 shares during the last quarter. PEAK6 Investments LLC boosted its stake in shares of 1-800-FLOWERS.COM by 865.9% during the 4th quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock valued at $1,562,000 after buying an additional 129,888 shares during the last quarter. Finally, Aviance Capital Partners LLC boosted its stake in shares of 1-800-FLOWERS.COM by 5.0% during the 1st quarter. Aviance Capital Partners LLC now owns 151,104 shares of the specialty retailer’s stock valued at $1,636,000 after buying an additional 7,216 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Ratings Changes

Separately, DA Davidson upgraded 1-800-FLOWERS.COM from an “underperform” rating to a “neutral” rating and reduced their target price for the company from $8.00 to $7.00 in a research note on Friday, August 30th.

1-800-FLOWERS.COM Stock Performance

1-800-FLOWERS.COM stock opened at $8.02 on Wednesday. The stock has a market cap of $514.96 million, a P/E ratio of -66.83, a price-to-earnings-growth ratio of 2.80 and a beta of 1.62. The company has a current ratio of 1.69, a quick ratio of 1.13 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average of $8.74 and a 200-day moving average of $9.33. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.44 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, August 29th. The specialty retailer reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.07). 1-800-FLOWERS.COM had a positive return on equity of 2.45% and a negative net margin of 0.33%. The firm had revenue of $360.90 million for the quarter, compared to the consensus estimate of $374.40 million. During the same quarter last year, the business earned ($0.28) earnings per share. The business’s revenue for the quarter was down 9.5% compared to the same quarter last year. On average, analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 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.