Gotham Asset Management LLC bought a new stake in 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,376 shares of the specialty retailer’s stock, valued at approximately $259,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. boosted its stake in 1-800 FLOWERS.COM by 6.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 105,786 shares of the specialty retailer’s stock worth $1,080,000 after buying an additional 5,985 shares during the period. Dimensional Fund Advisors LP boosted its stake in 1-800 FLOWERS.COM by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,527,655 shares of the specialty retailer’s stock worth $25,782,000 after buying an additional 150,095 shares during the period. Kennedy Capital Management Inc. boosted its stake in 1-800 FLOWERS.COM by 12.9% in the first quarter. Kennedy Capital Management Inc. now owns 511,103 shares of the specialty retailer’s stock worth $5,213,000 after buying an additional 58,236 shares during the period. Geode Capital Management LLC boosted its stake in 1-800 FLOWERS.COM by 6.0% in the first quarter. Geode Capital Management LLC now owns 248,317 shares of the specialty retailer’s stock worth $2,532,000 after buying an additional 14,070 shares during the period. Finally, Vanguard Group Inc. boosted its stake in 1-800 FLOWERS.COM by 8.4% in the first quarter. Vanguard Group Inc. now owns 1,355,306 shares of the specialty retailer’s stock worth $13,824,000 after buying an additional 105,338 shares during the period. Institutional investors and hedge funds own 33.52% of the company’s stock.

Shares of 1-800 FLOWERS.COM, Inc. (NASDAQ FLWS) remained flat at $9.30 during midday trading on Tuesday. The company’s stock had a trading volume of 57,930 shares. The stock’s 50 day moving average is $9.65 and its 200 day moving average is $9.98. The stock has a market cap of $607.62 million, a P/E ratio of 24.93 and a beta of 1.58. 1-800 FLOWERS.COM, Inc. has a one year low of $8.06 and a one year high of $11.40.

COPYRIGHT VIOLATION NOTICE: This report was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2017/08/08/gotham-asset-management-llc-takes-position-in-1-800-flowers-com-inc-nasdaqflws-updated-updated-updated.html.

A number of research firms have issued reports on FLWS. FBR & Co began coverage on shares of 1-800 FLOWERS.COM in a research report on Tuesday, July 11th. They set an “outperform” rating and a $13.00 price target for the company. Noble Financial reissued a “buy” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, April 14th. DA Davidson began coverage on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 14th. They set a “neutral” rating and a $11.00 target price for the company. Zacks Investment Research raised shares of 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a report on Tuesday, May 9th. Finally, Northcoast Research reissued a “buy” rating and issued a $14.00 price target (up previously from $12.00) on shares of 1-800 FLOWERS.COM in a report on Wednesday, May 3rd. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $12.69.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

Institutional Ownership by Quarter for 1-800 FLOWERS.COM (NASDAQ:FLWS)

Receive News & Stock Ratings for 1-800 FLOWERS.COM Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800 FLOWERS.COM Inc. and related stocks with our FREE daily email newsletter.