FTD Companies Inc (FTD) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its holdings in FTD Companies Inc (NASDAQ:FTD) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 2,188,373 shares of the company’s stock after selling 23,752 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.08% of FTD Companies worth $3,239,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in FTD Companies by 1,096.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,169 shares of the company’s stock worth $395,000 after acquiring an additional 137,616 shares during the last quarter. AQR Capital Management LLC bought a new stake in FTD Companies during the 3rd quarter worth approximately $257,000. Marshall Wace LLP bought a new stake in FTD Companies during the 3rd quarter worth approximately $39,000. Triad Investment Management bought a new stake in FTD Companies during the 4th quarter worth approximately $529,000. Finally, California Public Employees Retirement System grew its holdings in FTD Companies by 5.7% during the 4th quarter. California Public Employees Retirement System now owns 120,985 shares of the company’s stock worth $179,000 after acquiring an additional 6,494 shares during the last quarter. 45.81% of the stock is currently owned by institutional investors.

FTD has been the topic of a number of research reports. ValuEngine raised shares of FTD Companies from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Craig Hallum reduced their target price on shares of FTD Companies from $3.00 to $1.50 and set a “hold” rating on the stock in a report on Friday, March 15th. Zacks Investment Research raised shares of FTD Companies from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, DA Davidson reissued a “neutral” rating on shares of FTD Companies in a report on Friday, March 15th.

Shares of NASDAQ FTD opened at $0.57 on Monday. The company has a market capitalization of $16.00 million, a PE ratio of -0.35 and a beta of 1.47. FTD Companies Inc has a 52-week low of $0.42 and a 52-week high of $6.71.

FTD Companies (NASDAQ:FTD) last issued its quarterly earnings results on Thursday, March 14th. The company reported ($2.44) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($2.32). The firm had revenue of $247.53 million during the quarter, compared to analyst estimates of $255.60 million. FTD Companies had a negative return on equity of 45.38% and a negative net margin of 22.16%. Equities research analysts forecast that FTD Companies Inc will post -0.11 earnings per share for the current fiscal year.

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FTD Companies Company Profile

FTD Companies, Inc, together with its subsidiaries, operates as a floral and gifting company primarily in the United States, Canada, the United Kingdom, and the Republic of Ireland. It operates through four segments: Provide Commerce, Consumer, Florist, and International. The company offers floral, specialty foods, gift, and related products and services to consumers, retail florists, and other retail locations and companies.

Further Reading: Call Option Volume

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

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