Seizert Capital Partners LLC Acquires 5,294 Shares of FTD Companies, Inc. (FTD)
Seizert Capital Partners LLC raised its holdings in shares of FTD Companies, Inc. (NASDAQ:FTD) by 17.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,595 shares of the company’s stock after purchasing an additional 5,294 shares during the quarter. Seizert Capital Partners LLC owned 0.13% of FTD Companies worth $464,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in FTD Companies by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,456 shares of the company’s stock valued at $109,000 after purchasing an additional 56 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in FTD Companies by 91.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock valued at $132,000 after purchasing an additional 3,152 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in FTD Companies by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 8,916 shares of the company’s stock valued at $180,000 after purchasing an additional 1,244 shares in the last quarter. Aperio Group LLC bought a new stake in FTD Companies during the 3rd quarter valued at $142,000. Finally, Voya Investment Management LLC increased its stake in FTD Companies by 14.5% during the 2nd quarter. Voya Investment Management LLC now owns 11,591 shares of the company’s stock valued at $232,000 after purchasing an additional 1,465 shares in the last quarter. Institutional investors and hedge funds own 59.10% of the company’s stock.
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FTD Companies, Inc. (NASDAQ:FTD) opened at $10.35 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.73 and a current ratio of 0.90. The stock has a market cap of $285.09, a price-to-earnings ratio of 7.90, a price-to-earnings-growth ratio of 0.88 and a beta of 0.58. FTD Companies, Inc. has a fifty-two week low of $10.32 and a fifty-two week high of $26.19.
A number of analysts have commented on FTD shares. Zacks Investment Research upgraded shares of FTD Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. DA Davidson lowered shares of FTD Companies from a “buy” rating to a “neutral” rating and decreased their price target for the company from $23.00 to $17.00 in a research note on Wednesday, August 9th. Finally, BidaskClub lowered shares of FTD Companies from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $19.00.
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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