Martingale Asset Management L P Has $2.50 Million Holdings in 1-800-Flowers.Com Inc (FLWS)

Martingale Asset Management L P boosted its stake in 1-800-Flowers.Com Inc (NASDAQ:FLWS) by 29.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 204,586 shares of the specialty retailer’s stock after purchasing an additional 46,027 shares during the quarter. Martingale Asset Management L P owned approximately 0.32% of 1-800-Flowers.Com worth $2,503,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. North Star Investment Management Corp. boosted its position in shares of 1-800-Flowers.Com by 0.8% during the 4th quarter. North Star Investment Management Corp. now owns 253,375 shares of the specialty retailer’s stock valued at $3,099,000 after acquiring an additional 2,000 shares during the last quarter. MetLife Investment Advisors LLC boosted its position in shares of 1-800-Flowers.Com by 37.1% during the 3rd quarter. MetLife Investment Advisors LLC now owns 18,281 shares of the specialty retailer’s stock valued at $216,000 after acquiring an additional 4,951 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of 1-800-Flowers.Com by 4.2% during the 3rd quarter. Teachers Advisors LLC now owns 132,281 shares of the specialty retailer’s stock valued at $1,561,000 after acquiring an additional 5,334 shares during the last quarter. Citadel Advisors LLC boosted its position in shares of 1-800-Flowers.Com by 52.2% during the 3rd quarter. Citadel Advisors LLC now owns 19,738 shares of the specialty retailer’s stock valued at $232,000 after acquiring an additional 6,771 shares during the last quarter. Finally, Stone Ridge Asset Management LLC boosted its position in shares of 1-800-Flowers.Com by 11.1% during the 3rd quarter. Stone Ridge Asset Management LLC now owns 79,671 shares of the specialty retailer’s stock valued at $940,000 after acquiring an additional 7,972 shares during the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

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Shares of NASDAQ FLWS opened at $17.87 on Friday. The stock has a market cap of $1.13 billion, a P/E ratio of 40.61, a PEG ratio of 3.87 and a beta of 1.27. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.92. 1-800-Flowers.Com Inc has a 1-year low of $10.01 and a 1-year high of $18.38.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 31st. The specialty retailer reported $1.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.07. The company had revenue of $571.32 million for the quarter, compared to analysts’ expectations of $554.50 million. 1-800-Flowers.Com had a return on equity of 10.94% and a net margin of 2.86%. As a group, equities analysts expect that 1-800-Flowers.Com Inc will post 0.46 earnings per share for the current year.

FLWS has been the subject of a number of research analyst reports. Zacks Investment Research upgraded 1-800-Flowers.Com from a “hold” rating to a “strong-buy” rating and set a $19.00 price target for the company in a research report on Monday, February 4th. BidaskClub upgraded 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Wednesday, December 12th. Sidoti downgraded 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 6th. DA Davidson lifted their price target on 1-800-Flowers.Com to $18.00 and gave the company a “neutral” rating in a research report on Friday, February 1st. Finally, Noble Financial upgraded 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price target for the company in a research report on Friday, February 1st. Three analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. 1-800-Flowers.Com presently has an average rating of “Buy” and an average price target of $18.00.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 12,500 shares of 1-800-Flowers.Com stock in a transaction that occurred on Thursday, January 17th. The stock was sold at an average price of $12.79, for a total value of $159,875.00. Following the transaction, the chief executive officer now directly owns 943,328 shares of the company’s stock, valued at approximately $12,065,165.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction that occurred on Monday, January 7th. The stock was sold at an average price of $12.51, for a total value of $312,750.00. Following the completion of the transaction, the chief executive officer now directly owns 943,328 shares in the company, valued at $11,801,033.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 157,000 shares of company stock worth $2,269,435. 64.42% of the stock is currently owned by insiders.

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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.

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