Advantage Alpha Capital Partners LP Sells 10,887 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Advantage Alpha Capital Partners LP trimmed its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 21.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,544 shares of the company's stock after selling 10,887 shares during the quarter. Advantage Alpha Capital Partners LP's holdings in Floor & Decor were worth $5,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FND. FMR LLC grew its holdings in shares of Floor & Decor by 34.7% in the third quarter. FMR LLC now owns 5,015,871 shares of the company's stock worth $622,821,000 after purchasing an additional 1,291,214 shares during the last quarter. Disciplined Growth Investors Inc. MN boosted its position in Floor & Decor by 1.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 1,123,830 shares of the company's stock valued at $111,720,000 after buying an additional 16,125 shares during the period. Dimensional Fund Advisors LP grew its holdings in Floor & Decor by 15.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 842,973 shares of the company's stock worth $83,810,000 after acquiring an additional 115,876 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Floor & Decor by 1.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 829,530 shares of the company's stock valued at $103,003,000 after acquiring an additional 12,109 shares during the period. Finally, XN LP bought a new position in shares of Floor & Decor during the second quarter valued at about $70,177,000.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FND. Guggenheim cut their target price on Floor & Decor from $130.00 to $115.00 and set a "buy" rating on the stock in a research note on Friday, August 2nd. Mizuho boosted their target price on Floor & Decor from $98.00 to $100.00 and gave the company a "neutral" rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. reduced their price objective on shares of Floor & Decor from $99.00 to $92.00 and set a "neutral" rating on the stock in a research report on Friday, August 2nd. Robert W. Baird decreased their price objective on shares of Floor & Decor from $127.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, July 29th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $95.00 target price on shares of Floor & Decor in a research note on Monday, November 11th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $104.37.

Floor & Decor Stock Down 3.7 %

Floor & Decor stock traded down $4.47 during trading hours on Tuesday, hitting $114.75. The stock had a trading volume of 1,652,683 shares, compared to its average volume of 1,499,372. The stock's 50-day moving average price is $110.11 and its 200-day moving average price is $108.00. Floor & Decor Holdings, Inc. has a 12-month low of $89.06 and a 12-month high of $135.67. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $12.30 billion, a P/E ratio of 63.82, a price-to-earnings-growth ratio of 14.63 and a beta of 1.83.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating 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 prior year, the firm posted $0.61 EPS. The firm's quarterly revenue was up .9% on a year-over-year basis. Equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Floor & Decor Company 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.