FTD Companies Inc (FTD) Stake Lessened by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in FTD Companies Inc (NASDAQ:FTD) by 6.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,147,773 shares of the company’s stock after selling 152,015 shares during the period. Dimensional Fund Advisors LP owned 0.08% of FTD Companies worth $28,007,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in FTD Companies by 0.8% during the second quarter. PNC Financial Services Group Inc. now owns 5,498 shares of the company’s stock valued at $110,000 after purchasing an additional 42 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in FTD Companies by 91.7% during the second quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock valued at $132,000 after purchasing an additional 3,152 shares during the last quarter. Aperio Group LLC acquired a new stake in FTD Companies during the third quarter valued at approximately $142,000. First Quadrant L P CA acquired a new stake in FTD Companies during the third quarter valued at approximately $198,000. Finally, Stevens Capital Management LP acquired a new stake in FTD Companies during the third quarter valued at approximately $223,000. Institutional investors and hedge funds own 58.89% of the company’s stock.

Shares of FTD Companies Inc (NASDAQ FTD) opened at $7.06 on Thursday. FTD Companies Inc has a one year low of $6.47 and a one year high of $24.85. The company has a market cap of $239.66, a P/E ratio of -1.34, a P/E/G ratio of 0.71 and a beta of 0.37. The company has a current ratio of 0.76, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.

FTD Companies (NASDAQ:FTD) last issued its quarterly earnings results on Wednesday, November 8th. The company reported ($0.37) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.25). FTD Companies had a negative net margin of 13.26% and a positive return on equity of 5.37%. equities analysts predict that FTD Companies Inc will post 0.49 EPS for the current year.

FTD has been the subject of several recent research reports. Craig Hallum cut their target price on shares of FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Zacks Investment Research raised shares of FTD Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. ValuEngine lowered shares of FTD Companies from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, DA Davidson cut their target price on shares of FTD Companies from $17.00 to $8.00 and set a “neutral” rating for the company in a research note on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $13.00.

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FTD Companies Profile

FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, the Company is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.

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Institutional Ownership by Quarter for FTD Companies (NASDAQ:FTD)

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