Gamco Investors INC. ET AL raised its stake in FTD Companies, Inc. (NASDAQ:FTD) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,220 shares of the company’s stock after buying an additional 850 shares during the period. Gamco Investors INC. ET AL owned about 0.10% of FTD Companies worth $564,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of FTD. PNC Financial Services Group Inc. raised 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 valued at $109,000 after buying an additional 56 shares during the last quarter. Texas Permanent School Fund raised its position in shares of FTD Companies by 1.6% in the second quarter. Texas Permanent School Fund now owns 12,619 shares of the company’s stock valued at $252,000 after buying an additional 202 shares during the last quarter. JPMorgan Chase & Co. raised 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 valued at $282,000 after buying an additional 275 shares during the last quarter. Comerica Bank raised its position in shares of FTD Companies by 3.4% in the first quarter. Comerica Bank now owns 18,970 shares of the company’s stock valued at $386,000 after buying an additional 622 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of FTD Companies by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 90,142 shares of the company’s stock valued at $1,803,000 after buying an additional 1,044 shares during the last quarter. 58.83% of the stock is owned by institutional investors.

Shares of FTD Companies, Inc. (NASDAQ FTD) opened at 13.30 on Thursday. FTD Companies, Inc. has a 52 week low of $12.35 and a 52 week high of $26.19. The stock’s market cap is $366.34 million. The firm has a 50-day moving average price of $17.27 and a 200 day moving average price of $19.64.

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Several brokerages have recently commented on FTD. BidaskClub lowered FTD Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. DA Davidson began coverage on FTD Companies in a report on Wednesday, June 14th. They set a “buy” rating and a $23.00 price objective for the company. Zacks Investment Research lowered FTD Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 15th. Finally, ValuEngine lowered FTD Companies from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. FTD Companies currently has a consensus 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.

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

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