LMR Partners LLP acquired a new position in FTD Companies Inc (NASDAQ:FTD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 29,802 shares of the company’s stock, valued at approximately $138,000. LMR Partners LLP owned approximately 0.11% of FTD Companies at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in shares of FTD Companies by 174.0% in the 4th quarter. Wells Fargo & Company MN now owns 51,097 shares of the company’s stock valued at $367,000 after buying an additional 32,449 shares during the period. BlackRock Inc. grew its holdings in shares of FTD Companies by 3.5% in the 4th quarter. BlackRock Inc. now owns 2,288,890 shares of the company’s stock valued at $16,456,000 after buying an additional 76,804 shares during the period. Geode Capital Management LLC grew its holdings in shares of FTD Companies by 33.7% in the 4th quarter. Geode Capital Management LLC now owns 207,751 shares of the company’s stock valued at $1,493,000 after buying an additional 52,407 shares during the period. Deutsche Bank AG grew its holdings in shares of FTD Companies by 200.2% in the 4th quarter. Deutsche Bank AG now owns 49,618 shares of the company’s stock valued at $355,000 after buying an additional 33,087 shares during the period. Finally, Guggenheim Capital LLC grew its holdings in shares of FTD Companies by 131.7% in the 4th quarter. Guggenheim Capital LLC now owns 122,439 shares of the company’s stock valued at $881,000 after buying an additional 69,606 shares during the period. Institutional investors and hedge funds own 57.91% of the company’s stock.

Several brokerages have recently issued reports on FTD. Zacks Investment Research lowered shares of FTD Companies from a “buy” rating to a “hold” rating in a report on Thursday, May 10th. ValuEngine raised shares of FTD Companies from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Finally, DA Davidson reduced their target price on shares of FTD Companies to $3.50 and set a “neutral” rating for the company in a research note on Friday, July 20th.

Shares of NASDAQ FTD opened at $3.75 on Friday. The firm has a market capitalization of $111.32 million, a P/E ratio of 8.33, a P/E/G ratio of 4.01 and a beta of 0.13. FTD Companies Inc has a 1-year low of $3.25 and a 1-year high of $13.95.

FTD Companies Company Profile

FTD Companies, Inc, together with its subsidiaries, operates as a floral and gifting company primarily in the United States, Canada, the United Kingdom, and the Republic of Ireland. It operates through four segments: Provide Commerce, Consumer, Florist, and International. The company offers floral, specialty foods, gift, and related products and services to consumers, retail florists, and other retail locations and companies.

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

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