Cornerstone Capital Management Holdings LLC. grew its stake in FTD Companies Inc (NASDAQ:FTD) by 55.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,600 shares of the company’s stock after acquiring an additional 32,700 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned about 0.33% of FTD Companies worth $1,193,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Teachers Advisors LLC increased its position in shares of FTD Companies by 1.9% during the 1st quarter. Teachers Advisors LLC now owns 57,228 shares of the company’s stock worth $1,153,000 after purchasing an additional 1,086 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of FTD Companies by 11.9% during the 2nd quarter. Great West Life Assurance Co. Can now owns 25,200 shares of the company’s stock worth $504,000 after purchasing an additional 2,688 shares during the last quarter. Texas Permanent School Fund increased its position in shares of FTD Companies by 1.6% during the 2nd quarter. Texas Permanent School Fund now owns 12,619 shares of the company’s stock worth $252,000 after purchasing an additional 202 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of FTD Companies by 1.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 90,142 shares of the company’s stock worth $1,803,000 after purchasing an additional 1,044 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of FTD Companies by 12.1% during the 2nd quarter. Legal & General Group Plc now owns 32,925 shares of the company’s stock worth $658,000 after purchasing an additional 3,549 shares during the last quarter. 58.89% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on FTD shares. Craig Hallum cut 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. Zacks Investment Research upgraded FTD Companies from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, DA Davidson lowered their target price on FTD Companies from $17.00 to $8.00 and set a “neutral” rating for the company in a report on Wednesday, November 15th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $13.00.

FTD Companies Inc (NASDAQ FTD) opened at $7.17 on Friday. FTD Companies Inc has a twelve month low of $6.47 and a twelve month high of $25.33. The company has a market capitalization of $201.64, a PE ratio of -1.36, a P/E/G ratio of 1.00 and a beta of 0.37. The company has a current ratio of 0.76, a quick ratio of 0.51 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.

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

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