FTD Companies, Inc. (FTD) Stake Boosted by Boston Partners

Boston Partners lifted its holdings in FTD Companies, Inc. (NASDAQ:FTD) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 729,689 shares of the company’s stock after acquiring an additional 17,041 shares during the period. Boston Partners owned 2.65% of FTD Companies worth $9,515,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its stake in FTD Companies by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 5,456 shares of the company’s stock valued at $109,000 after buying an additional 56 shares during the last quarter. BNP Paribas Arbitrage SA boosted 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 buying an additional 3,152 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in FTD Companies by 16.2% during the first quarter. Public Employees Retirement System of Ohio now owns 8,916 shares of the company’s stock valued at $180,000 after buying an additional 1,244 shares during the last quarter. Aperio Group LLC bought a new position in FTD Companies during the third quarter valued at approximately $142,000. Finally, Voya Investment Management LLC boosted its stake in FTD Companies by 14.5% during the second quarter. Voya Investment Management LLC now owns 11,591 shares of the company’s stock valued at $232,000 after buying an additional 1,465 shares during the last quarter. 59.35% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on FTD shares. Zacks Investment Research lowered FTD Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 15th. Craig Hallum dropped their price target on FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. BidaskClub lowered FTD Companies from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Finally, DA Davidson lowered FTD Companies from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $17.00 in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $13.00.

Shares of FTD Companies, Inc. (NASDAQ:FTD) opened at $7.05 on Thursday. FTD Companies, Inc. has a 52-week low of $6.93 and a 52-week high of $26.19. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.51 and a current ratio of 0.76. The stock has a market capitalization of $198.61, a P/E ratio of 8.48, a price-to-earnings-growth ratio of 0.62 and a beta of 0.58.

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About FTD Companies

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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