New York State Teachers Retirement System continued to hold its position in shares of FTD Companies Inc (NASDAQ:FTD) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,467 shares of the company’s stock at the end of the fourth quarter. New York State Teachers Retirement System owned 0.14% of FTD Companies worth $941,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of FTD. GMT Capital Corp boosted its stake in FTD Companies by 141.7% in the third quarter. GMT Capital Corp now owns 1,615,338 shares of the company’s stock worth $33,228,000 after buying an additional 947,138 shares in the last quarter. Boston Partners boosted its stake in FTD Companies by 6.2% in the third quarter. Boston Partners now owns 706,911 shares of the company’s stock worth $14,541,000 after buying an additional 41,243 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in FTD Companies during the third quarter worth $11,927,000. State Street Corp raised its position in shares of FTD Companies by 1.7% in the fourth quarter. State Street Corp now owns 450,595 shares of the company’s stock worth $10,743,000 after buying an additional 7,398 shares during the last quarter. Finally, Citadel Advisors LLC raised its position in shares of FTD Companies by 439.0% in the third quarter. Citadel Advisors LLC now owns 239,946 shares of the company’s stock worth $4,936,000 after buying an additional 195,432 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.
FTD Companies Inc (NASDAQ:FTD) traded up 0.36% during mid-day trading on Friday, hitting $19.72. The company’s stock had a trading volume of 109,114 shares. FTD Companies Inc has a 52-week low of $16.86 and a 52-week high of $28.70. The firm’s market cap is $541.00 million. The firm has a 50 day moving average of $20.38 and a 200-day moving average of $22.11.
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Several research analysts have recently issued reports on the company. Sidoti lowered FTD Companies from a “buy” rating to a “neutral” rating in a research report on Wednesday, March 15th. Zacks Investment Research upgraded FTD Companies from a “sell” rating to a “hold” rating in a report on Wednesday, March 15th. TheStreet lowered FTD Companies from a “c-” rating to a “d+” rating in a report on Monday, April 3rd. Finally, B. Riley lifted their target price on FTD Companies from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, March 15th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $22.50.
FTD Companies Company 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.
