GMT Capital Corp Has $24.67 Million Position in FTD Companies Inc (NASDAQ:FTD)

GMT Capital Corp trimmed its holdings in FTD Companies Inc (NASDAQ:FTD) by 8.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,891,592 shares of the company’s stock after selling 175,215 shares during the period. GMT Capital Corp owned about 6.87% of FTD Companies worth $24,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. PNC Financial Services Group Inc. boosted its position in shares of FTD Companies by 0.8% during the second quarter. PNC Financial Services Group Inc. now owns 5,498 shares of the company’s stock worth $110,000 after buying an additional 42 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of FTD Companies by 91.7% during the second quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock worth $132,000 after buying an additional 3,152 shares during the period. Aperio Group LLC acquired a new position in shares of FTD Companies during the third quarter worth about $142,000. Public Employees Retirement System of Ohio boosted its position in shares of FTD Companies by 16.2% during the first quarter. Public Employees Retirement System of Ohio now owns 8,916 shares of the company’s stock worth $180,000 after buying an additional 1,244 shares during the period. Finally, First Quadrant L P CA acquired a new position in shares of FTD Companies during the third quarter worth about $198,000. 58.98% of the stock is owned by hedge funds and other institutional investors.

FTD has been the subject of several recent research reports. Zacks Investment Research raised FTD Companies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Craig Hallum reduced their price objective on FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research report on Thursday, November 9th. Finally, DA Davidson dropped their target price on FTD Companies from $17.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $13.00.

FTD Companies Inc (NASDAQ FTD) traded down $0.08 on Friday, reaching $7.12. The company had a trading volume of 136,096 shares, compared to its average volume of 288,459. FTD Companies Inc has a fifty-two week low of $6.47 and a fifty-two week high of $26.19. The company has a market capitalization of $196.13, a price-to-earnings ratio of 8.38, a PEG ratio of 0.97 and a beta of 0.37. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 0.60.

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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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