Floor & Decor Holdings, Inc. (NYSE:FND) Shares Bought by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,096 shares of the company's stock after purchasing an additional 5,004 shares during the quarter. MetLife Investment Management LLC owned 0.06% of Floor & Decor worth $6,191,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FND. Huntington National Bank grew its position in Floor & Decor by 120.5% during the fourth quarter. Huntington National Bank now owns 344 shares of the company's stock valued at $34,000 after buying an additional 188 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Floor & Decor during the 4th quarter valued at about $35,000. Blue Trust Inc. increased its stake in shares of Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after purchasing an additional 166 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in Floor & Decor in the 4th quarter worth about $49,000. Finally, Proficio Capital Partners LLC purchased a new position in Floor & Decor during the fourth quarter worth approximately $49,000.

Floor & Decor Trading Up 1.8 %

Shares of FND stock opened at $68.20 on Wednesday. Floor & Decor Holdings, Inc. has a twelve month low of $66.01 and a twelve month high of $126.74. The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 35.89, a PEG ratio of 19.06 and a beta of 1.86. The company's 50-day moving average price is $83.75 and its 200-day moving average price is $97.14. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.14. The business had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. As a group, equities analysts predict that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Telsey Advisory Group restated an "outperform" rating and issued a $115.00 price objective on shares of Floor & Decor in a research report on Friday, February 21st. Wedbush downgraded shares of Floor & Decor from an "outperform" rating to a "neutral" rating and decreased their price objective for the company from $110.00 to $100.00 in a report on Friday, February 14th. Barclays raised shares of Floor & Decor from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $75.00 to $91.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. raised their price target on shares of Floor & Decor from $103.00 to $110.00 and gave the company a "neutral" rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group lowered Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 price objective for the company. in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $103.56.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.

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