Simplex Trading adds FTD Companies Inc (FTD) to its portfolio

FTD Companies Inc (FTD) : Simplex Trading added new position in FTD Companies Inc during the most recent quarter end. The investment management firm now holds 17,213 shares of FTD Companies Inc which is valued at $361,129 , the company said in a statement filed on Oct 7, 2016 with the SEC.FTD Companies Inc makes up approximately 0.05% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Advisory Services Network reduced its stake in FTD by selling 3,800 shares or 82.61% in the most recent quarter. The Hedge Fund company now holds 800 shares of FTD which is valued at $16,784.Bnp Paribas Arbitrage Sa reduced its stake in FTD by selling 2,761 shares or 50.36% in the most recent quarter. The Hedge Fund company now holds 2,721 shares of FTD which is valued at $58,311.

FTD Companies Inc closed down -0.25 points or -1.18% at $20.98 with 1,14,974 shares getting traded on Friday. Post opening the session at $21.31, the shares hit an intraday low of $20.96 and an intraday high of $21.36 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, FTD Companies Inc reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.42. The company had revenue of $338.57 million for the quarter, compared to analysts expectations of $351.49 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on FTD Companies Inc. FTD Companies Inc was Downgraded by Monness Crespi & Hardt to ” Neutral” on Aug 5, 2016. FTD Companies Inc was Downgraded by Craig Hallum to ” Hold” on Jul 14, 2016.

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 markets floral and gift products for consumers primarily in the United States and Canada. Through its Florist segment the Company offers 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. The Company’s International segment consists of Interflora Business Unit (Interflora) which operates primarily in the United Kingdom and the Republic of Ireland. Through its Provide Commerce segment FTD markets floral and gift products including gourmet foods personalized gifts and other gifting products for consumers primarily in the United States. The Company operates primarily in the United States Canada the United Kingdom and the Republic of Ireland.

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