Floor & Decor Holdings, Inc. (NYSE:FND) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers increased its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 291,881 shares of the company's stock after purchasing an additional 4,511 shares during the quarter. Rhumbline Advisers owned 0.27% of Floor & Decor worth $29,100,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Louisiana State Employees Retirement System lifted its stake in shares of Floor & Decor by 0.3% in the fourth quarter. Louisiana State Employees Retirement System now owns 29,800 shares of the company's stock worth $2,971,000 after buying an additional 100 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Floor & Decor by 3.7% during the third quarter. CIBC Asset Management Inc now owns 3,106 shares of the company's stock valued at $386,000 after acquiring an additional 110 shares during the last quarter. Tidal Investments LLC increased its position in shares of Floor & Decor by 2.0% during the third quarter. Tidal Investments LLC now owns 6,721 shares of the company's stock valued at $835,000 after acquiring an additional 130 shares during the last quarter. Silver Coast Investments LLC increased its position in shares of Floor & Decor by 5.1% during the third quarter. Silver Coast Investments LLC now owns 3,074 shares of the company's stock valued at $382,000 after acquiring an additional 150 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Floor & Decor by 59.9% in the fourth 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.

Floor & Decor Stock Performance

FND traded up $0.24 during trading on Friday, hitting $93.08. The stock had a trading volume of 3,057,622 shares, compared to its average volume of 1,573,959. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The firm has a market capitalization of $9.98 billion, a P/E ratio of 51.68, a PEG ratio of 19.57 and a beta of 1.83. The company's 50-day moving average price is $99.94 and its 200 day moving average price is $105.95. Floor & Decor Holdings, Inc. has a twelve month low of $89.06 and a twelve month high of $135.67.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.14. The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.08 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. On average, equities research analysts forecast that Floor & Decor Holdings, Inc. will post 1.72 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Barclays upgraded shares of Floor & Decor from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $75.00 to $91.00 in a report on Wednesday, January 8th. Wedbush cut shares of Floor & Decor from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $110.00 to $100.00 in a report on Friday, February 14th. The Goldman Sachs Group downgraded shares of Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 price target for the company. in a research note on Thursday, January 30th. Mizuho lifted their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. Finally, Stifel Nicolaus lifted their price target on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a "hold" rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, Floor & Decor has an average rating of "Hold" and an average price target of $106.16.

About Floor & Decor

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.