Versor Investments LP Invests $935,000 in Floor & Decor Holdings, Inc. (NYSE:FND)

Versor Investments LP purchased a new position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,530 shares of the company's stock, valued at approximately $935,000.

Several other institutional investors have also added to or reduced their stakes in the business. Chris Bulman Inc purchased a new stake in Floor & Decor during the 2nd quarter valued at about $30,000. Blue Trust Inc. increased its holdings in Floor & Decor by 242.0% in the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company's stock worth $34,000 after buying an additional 196 shares during the period. J.Safra Asset Management Corp raised its position in Floor & Decor by 630.5% during the 2nd quarter. J.Safra Asset Management Corp now owns 431 shares of the company's stock worth $43,000 after buying an additional 372 shares during the last quarter. GAMMA Investing LLC raised its position in Floor & Decor by 36.7% during the 2nd quarter. GAMMA Investing LLC now owns 704 shares of the company's stock worth $70,000 after buying an additional 189 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in Floor & Decor by 37.8% during the 3rd quarter. UMB Bank n.a. now owns 715 shares of the company's stock valued at $89,000 after acquiring an additional 196 shares during the period.

Floor & Decor Price Performance

FND traded up $0.81 on Wednesday, reaching $102.40. 1,667,923 shares of the company's stock were exchanged, compared to its average volume of 1,456,829. The stock has a market cap of $10.98 billion, a PE ratio of 56.89, a P/E/G ratio of 13.27 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. Floor & Decor Holdings, Inc. has a twelve month low of $83.56 and a twelve month high of $135.67. The stock's fifty day moving average price is $110.54 and its 200-day moving average price is $108.48.

Floor & Decor (NYSE:FND - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.06. Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same period in the previous year, the firm posted $0.61 EPS. The business's revenue for the quarter was up .9% compared to the same quarter last year. Sell-side analysts expect that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on FND. Telsey Advisory Group reissued a "market perform" rating and set a $95.00 target price on shares of Floor & Decor in a report on Monday. Guggenheim decreased their price objective on Floor & Decor from $130.00 to $115.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Wedbush reaffirmed an "outperform" rating and set a $110.00 target price on shares of Floor & Decor in a report on Friday, October 25th. JPMorgan Chase & Co. decreased their price target on Floor & Decor from $99.00 to $92.00 and set a "neutral" rating for the company in a report on Friday, August 2nd. Finally, Melius Research started coverage on shares of Floor & Decor in a research note on Monday, September 23rd. They set a "sell" rating and a $80.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $104.37.

Floor & Decor Profile

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.