Sei Investments Co. Boosts Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Sei Investments Co. boosted its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 15.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 686,961 shares of the specialty retailer’s stock after purchasing an additional 93,041 shares during the period. Sei Investments Co.’s holdings in 1-800-FLOWERS.COM were worth $6,540,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in FLWS. Dimensional Fund Advisors LP boosted its holdings in shares of 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after buying an additional 129,627 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of 1-800-FLOWERS.COM by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer’s stock worth $17,601,000 after acquiring an additional 10,061 shares during the last quarter. Gamco Investors INC. ET AL grew its position in shares of 1-800-FLOWERS.COM by 4.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer’s stock valued at $11,901,000 after acquiring an additional 50,000 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of 1-800-FLOWERS.COM by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 583,200 shares of the specialty retailer’s stock worth $6,287,000 after purchasing an additional 8,376 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in 1-800-FLOWERS.COM by 37.7% in the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after purchasing an additional 152,536 shares during the period. 38.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ FLWS opened at $7.93 on Tuesday. The company has a market cap of $509.19 million, a P/E ratio of -66.08, a P/E/G ratio of 3.01 and a beta of 1.62. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.44 and a 52-week high of $11.42. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 1.69. The firm’s fifty day moving average is $8.60 and its two-hundred day moving average is $9.26.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, August 29th. The specialty retailer reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.07). The business had revenue of $360.90 million during the quarter, compared to the consensus estimate of $374.40 million. 1-800-FLOWERS.COM had a negative net margin of 0.33% and a positive return on equity of 2.45%. The firm’s revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.28) EPS. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

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.