Shutterfly, Inc. (SFLY) Holdings Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in Shutterfly, Inc. (NASDAQ:SFLY) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,196,035 shares of the technology company’s stock after buying an additional 73,044 shares during the period. Dimensional Fund Advisors LP owned approximately 3.56% of Shutterfly worth $48,152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SFLY. Piedmont Investment Advisors Inc. increased its position in shares of Shutterfly by 3.8% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 7,995 shares of the technology company’s stock valued at $322,000 after purchasing an additional 292 shares during the period. State of Alaska Department of Revenue increased its position in shares of Shutterfly by 2.8% during the fourth quarter. State of Alaska Department of Revenue now owns 11,233 shares of the technology company’s stock valued at $452,000 after purchasing an additional 310 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Shutterfly by 11.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,269 shares of the technology company’s stock valued at $172,000 after purchasing an additional 429 shares during the period. Teachers Advisors LLC increased its position in shares of Shutterfly by 0.5% during the third quarter. Teachers Advisors LLC now owns 136,696 shares of the technology company’s stock valued at $9,007,000 after purchasing an additional 691 shares during the period. Finally, Texas Permanent School Fund increased its position in shares of Shutterfly by 4.5% during the fourth quarter. Texas Permanent School Fund now owns 21,990 shares of the technology company’s stock valued at $885,000 after purchasing an additional 948 shares during the period.

Shares of SFLY stock opened at $40.51 on Tuesday. The company has a current ratio of 1.80, a quick ratio of 1.76 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $1.38 billion, a P/E ratio of 13.28, a P/E/G ratio of 2.50 and a beta of 1.39. Shutterfly, Inc. has a one year low of $35.08 and a one year high of $100.34.

Shutterfly (NASDAQ:SFLY) last announced its quarterly earnings results on Tuesday, February 5th. The technology company reported $5.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $5.28 by ($0.09). The company had revenue of $949.97 million during the quarter, compared to analyst estimates of $951.60 million. Shutterfly had a net margin of 2.57% and a return on equity of 18.78%. Shutterfly’s quarterly revenue was up 60.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.11 EPS. Research analysts expect that Shutterfly, Inc. will post 0.74 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on SFLY. Zacks Investment Research cut Shutterfly from a “hold” rating to a “sell” rating in a research report on Wednesday, March 27th. BidaskClub cut Shutterfly from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 14th. ValuEngine cut Shutterfly from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. Goldman Sachs Group began coverage on Shutterfly in a research report on Monday, February 4th. They set a “sell” rating and a $40.00 price objective on the stock. Finally, SunTrust Banks decreased their price target on Shutterfly to $70.00 and set a “buy” rating on the stock in a research note on Friday, February 1st. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Shutterfly has an average rating of “Hold” and an average price target of $70.40.

In other Shutterfly news, VP Jason Sebring sold 2,396 shares of the business’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $46.11, for a total value of $110,479.56. Following the transaction, the vice president now owns 2,396 shares of the company’s stock, valued at $110,479.56. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Lisa Blackwood-Kapral sold 750 shares of the business’s stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $40.09, for a total value of $30,067.50. Following the completion of the transaction, the insider now directly owns 750 shares in the company, valued at approximately $30,067.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,632 shares of company stock worth $1,355,876. 1.30% of the stock is owned by insiders.

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About Shutterfly

Shutterfly, Inc manufactures and retails personalized products and services primarily in the United States, Canada, and the European Community. The company operates through Consumer and Shutterfly Business Solutions segments. It offers a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

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Institutional Ownership by Quarter for Shutterfly (NASDAQ:SFLY)

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