New York State Teachers Retirement System continued to hold its position in shares of FTD Companies, Inc. (NASDAQ:FTD) during the first 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 first quarter. New York State Teachers Retirement System owned about 0.14% of FTD Companies worth $795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of FTD Companies by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 5,456 shares of the company’s stock worth $109,000 after buying an additional 56 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of FTD Companies during the fourth quarter worth about $220,000. Trexquant Investment LP bought a new position in shares of FTD Companies during the first quarter worth about $249,000. Alambic Investment Management L.P. bought a new position in shares of FTD Companies during the first quarter worth about $279,000. Finally, JPMorgan Chase & Co. increased its position in shares of FTD Companies by 2.0% in the first quarter. JPMorgan Chase & Co. now owns 13,981 shares of the company’s stock worth $282,000 after buying an additional 275 shares in the last quarter. Institutional investors and hedge funds own 59.16% of the company’s stock.

Shares of FTD Companies, Inc. (FTD) traded up 1.35% during mid-day trading on Friday, reaching $12.73. The company’s stock had a trading volume of 185,410 shares. FTD Companies, Inc. has a 52 week low of $12.35 and a 52 week high of $26.19. The company’s 50-day moving average is $18.22 and its 200-day moving average is $20.00. The stock’s market capitalization is $350.64 million.

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A number of analysts have recently weighed in on the company. DA Davidson cut FTD Companies from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $23.00 to $17.00 in a research report on Wednesday, August 9th. BidaskClub cut FTD Companies from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. ValuEngine cut FTD Companies from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research cut FTD Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $20.67.

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.

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

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