Carderock Capital Management Has Raised Position in Gartner Group Cl A (IT); As Ftd Cos (FTD) Share Price Declined, Holder Gmt Capital Trimmed Holding by $2.28 Million

February 17, 2018 - By Darrin Black

Carderock Capital Management Inc increased its stake in Gartner Group Cl A (IT) by 93.69% based on its latest 2017Q3 regulatory filing with the SEC. Carderock Capital Management Inc bought 5,835 shares as the company’s stock rose 9.97% with the market. The institutional investor held 12,063 shares of the consumer services company at the end of 2017Q3, valued at $1.50 million, up from 6,228 at the end of the previous reported quarter. Carderock Capital Management Inc who had been investing in Gartner Group Cl A for a number of months, seems to be bullish on the $10.70B market cap company. The stock increased 0.09% or $0.11 during the last trading session, reaching $118.04. About 749,386 shares traded or 25.60% up from the average. Gartner, Inc. (NYSE:IT) has risen 15.57% since February 17, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Thomas E. Claugus decreased its stake in Ftd Cos Inc (FTD) by 8.48% based on its latest 2017Q3 regulatory filing with the SEC. Gmt Capital Corp sold 175,215 shares as the company’s stock declined 21.64% while stock markets rallied. The hedge fund run by Thomas E. Claugus held 1.89 million shares of the consumer services company at the end of 2017Q3, valued at $24.67 million, down from 2.07M at the end of the previous reported quarter. Gmt Capital Corp who had been investing in Ftd Cos Inc for a number of months, seems to be less bullish one the $167.21M market cap company. It closed at $6.07 lastly. It is down 26.52% since February 17, 2017 and is downtrending. It has underperformed by 43.22% the S&P500.

Among 7 analysts covering FTD Companies (NASDAQ:FTD), 0 have Buy rating, 0 Sell and 7 Hold. Therefore 0 are positive. FTD Companies had 13 analyst reports since August 20, 2015 according to SRatingsIntel. The stock of FTD Companies, Inc. (NASDAQ:FTD) earned “Neutral” rating by B. Riley & Co on Friday, September 16. On Wednesday, March 15 the stock rating was downgraded by Sidoti to “Neutral”. Briley maintained the stock with “Neutral” rating in Monday, September 19 report. B. Riley & Co upgraded FTD Companies, Inc. (NASDAQ:FTD) on Tuesday, November 10 to “Focus List” rating. TheStreet upgraded FTD Companies, Inc. (NASDAQ:FTD) on Thursday, August 20 to “Hold” rating. Craig Hallum downgraded the stock to “Hold” rating in Thursday, July 14 report. As per Tuesday, September 29, the company rating was upgraded by Sidoti. On Friday, August 5 the stock rating was downgraded by Monness Crespi to “Neutral”. The firm earned “Hold” rating on Thursday, November 9 by Craig Hallum. As per Wednesday, November 15, the company rating was maintained by DA Davidson.

Gmt Capital Corp, which manages about $9.19B and $4.69B US Long portfolio, upped its stake in Videocon D2h Ltd by 307,239 shares to 3.48 million shares, valued at $30.94M in 2017Q3, according to the filing. It also increased its holding in Eastman Chem Co (NYSE:EMN) by 12,500 shares in the quarter, for a total of 299,800 shares, and has risen its stake in Dynavax Technologies Corp (NASDAQ:DVAX).

Analysts await FTD Companies, Inc. (NASDAQ:FTD) to report earnings on March, 13. They expect $0.07 EPS, down 82.50% or $0.33 from last year’s $0.4 per share. FTD’s profit will be $1.93M for 21.68 P/E if the $0.07 EPS becomes a reality. After $-0.37 actual EPS reported by FTD Companies, Inc. for the previous quarter, Wall Street now forecasts -118.92% EPS growth.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.63, from 1.71 in 2017Q2. It is negative, as 17 investors sold FTD shares while 31 reduced holdings. 16 funds opened positions while 36 raised stakes. 16.00 million shares or 0.38% less from 16.06 million shares in 2017Q2 were reported. North Star Inv Mngmt holds 0% of its portfolio in FTD Companies, Inc. (NASDAQ:FTD) for 300 shares. Bnp Paribas Arbitrage reported 0% in FTD Companies, Inc. (NASDAQ:FTD). Citigroup accumulated 1,123 shares or 0% of the stock. Invesco Ltd owns 107,423 shares or 0% of their US portfolio. The California-based Wells Fargo And Mn has invested 0% in FTD Companies, Inc. (NASDAQ:FTD). Meeder Asset holds 0% of its portfolio in FTD Companies, Inc. (NASDAQ:FTD) for 493 shares. Northern holds 0% in FTD Companies, Inc. (NASDAQ:FTD) or 477,299 shares. National Bank Of Mellon Corporation has invested 0% in FTD Companies, Inc. (NASDAQ:FTD). 290,191 are held by Citadel Lc. Advisory Serv Networks Limited Liability Corp holds 0% of its portfolio in FTD Companies, Inc. (NASDAQ:FTD) for 500 shares. State Street Corp reported 0% stake. Benjamin F Edwards & has 0% invested in FTD Companies, Inc. (NASDAQ:FTD). 52,540 are owned by Bridgeway Capital Mgmt. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in FTD Companies, Inc. (NASDAQ:FTD). State Of Tennessee Treasury Department invested 0% of its portfolio in FTD Companies, Inc. (NASDAQ:FTD).

Since August 15, 2017, it had 0 insider buys, and 3 sales for $1.61 million activity. FUCHS ANNE SUTHERLAND sold 5,000 shares worth $585,105. Another trade for 2,438 shares valued at $289,219 was made by Dawkins Alwyn on Wednesday, August 16.

Among 13 analysts covering Gartner Inc (NYSE:IT), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Gartner Inc had 48 analyst reports since August 3, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Buy” rating and $142.0 target in Wednesday, February 7 report. The stock of Gartner, Inc. (NYSE:IT) has “Overweight” rating given on Monday, January 9 by Barclays Capital. The company was initiated on Thursday, September 24 by Morgan Stanley. Piper Jaffray maintained the stock with “Hold” rating in Friday, February 16 report. Piper Jaffray maintained it with “Hold” rating and $130.0 target in Tuesday, January 23 report. The stock of Gartner, Inc. (NYSE:IT) has “Hold” rating given on Tuesday, February 6 by Piper Jaffray. The stock of Gartner, Inc. (NYSE:IT) has “Equal-Weight” rating given on Monday, October 23 by Morgan Stanley. The firm has “Overweight” rating given on Monday, January 25 by Atlantic Securities. Robert W. Baird maintained Gartner, Inc. (NYSE:IT) on Monday, January 8 with “Buy” rating. As per Monday, January 22, the company rating was maintained by BMO Capital Markets.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.50, from 1.67 in 2017Q2. It is negative, as 26 investors sold IT shares while 114 reduced holdings. 39 funds opened positions while 125 raised stakes. 85.00 million shares or 4.01% more from 81.72 million shares in 2017Q2 were reported. Kentucky Retirement Systems Insur Fund holds 2,391 shares or 0.05% of its portfolio. State Of New Jersey Common Pension Fund D stated it has 34,800 shares. 6,500 were accumulated by Old Mutual Invsts (Uk) Ltd. Huntington Bankshares has invested 0% in Gartner, Inc. (NYSE:IT). National Bank Of Montreal Can invested 0% of its portfolio in Gartner, Inc. (NYSE:IT). Caisse De Depot Et Placement Du Quebec holds 10,300 shares or 0% of its portfolio. Ativo Capital Mgmt Ltd Liability Co invested in 0.42% or 12,436 shares. Ameritas Investment has invested 0.06% of its portfolio in Gartner, Inc. (NYSE:IT). Tortoise Inv Mgmt Ltd Com, New York-based fund reported 1,024 shares. Nomura Asset Management Com Ltd holds 0.02% or 11,800 shares in its portfolio. Ameriprise Inc holds 228,160 shares or 0.01% of its portfolio. Comerica Bancorporation reported 0.02% stake. New Mexico Educational Retirement Board accumulated 0.05% or 8,400 shares. 52,403 are owned by Arizona State Retirement Systems. Mitsubishi Ufj Trust Bk Corporation has 0.05% invested in Gartner, Inc. (NYSE:IT).

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