Texas Permanent School Fund boosted its stake in FTD Companies, Inc. (NASDAQ:FTD) by 1.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,619 shares of the company’s stock after buying an additional 202 shares during the period. Texas Permanent School Fund’s holdings in FTD Companies were worth $252,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in FTD Companies by 1.0% in 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. Public Employees Retirement System of Ohio increased its position in FTD Companies by 16.2% in 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. Trexquant Investment LP acquired a new position in FTD Companies during the first quarter valued at approximately $249,000. Alambic Investment Management L.P. acquired a new position in FTD Companies during the first quarter valued at approximately $279,000. Finally, JPMorgan Chase & Co. increased its position in FTD Companies by 2.0% in the first quarter. JPMorgan Chase & Co. now owns 13,981 shares of the company’s stock valued at $282,000 after buying an additional 275 shares during the last quarter. Institutional investors and hedge funds own 58.83% of the company’s stock.

Shares of FTD Companies, Inc. (NASDAQ:FTD) opened at 13.27 on Wednesday. The firm’s market capitalization is $365.51 million. The stock has a 50 day moving average price of $17.27 and a 200 day moving average price of $19.64. FTD Companies, Inc. has a 12 month low of $12.35 and a 12 month high of $26.19.

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Several equities analysts have commented on FTD shares. ValuEngine downgraded shares of FTD Companies from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. DA Davidson initiated coverage on FTD Companies in a research report on Wednesday, June 14th. They issued a “buy” rating and a $23.00 price target on the stock. Zacks Investment Research downgraded FTD Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 15th. Finally, BidaskClub downgraded FTD Companies from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $20.67.

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.

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

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