SG Americas Securities LLC Has $261,000 Stake in Floor & Decor Holdings, Inc. (NYSE:FND)

SG Americas Securities LLC cut its position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 82.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,621 shares of the company's stock after selling 12,302 shares during the period. SG Americas Securities LLC's holdings in Floor & Decor were worth $261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. grew its position in shares of Floor & Decor by 30.8% in the 4th quarter. UMB Bank n.a. now owns 935 shares of the company's stock valued at $93,000 after purchasing an additional 220 shares during the period. Trust Co. of Vermont lifted its stake in Floor & Decor by 21.1% in the fourth quarter. Trust Co. of Vermont now owns 1,150 shares of the company's stock valued at $115,000 after buying an additional 200 shares in the last quarter. Oak Thistle LLC acquired a new position in shares of Floor & Decor in the fourth quarter valued at approximately $308,000. Miracle Mile Advisors LLC acquired a new position in shares of Floor & Decor in the fourth quarter valued at approximately $217,000. Finally, ST Germain D J Co. Inc. raised its holdings in shares of Floor & Decor by 1.3% during the fourth quarter. ST Germain D J Co. Inc. now owns 189,845 shares of the company's stock worth $18,928,000 after acquiring an additional 2,513 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FND. Wells Fargo & Company upped their target price on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Monday, October 28th. Wedbush reaffirmed an "outperform" rating and set a $110.00 price objective on shares of Floor & Decor in a research report on Friday, October 25th. Mizuho lifted their target price on Floor & Decor from $98.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. Telsey Advisory Group restated a "market perform" rating and issued a $95.00 target price on shares of Floor & Decor in a research note on Monday, November 11th. Finally, Stifel Nicolaus raised 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 investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $104.67.

Floor & Decor Stock Performance

Shares of NYSE FND traded up $0.42 during midday trading on Thursday, hitting $103.87. 1,761,253 shares of the company's stock were exchanged, compared to its average volume of 1,454,544. 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 firm has a market capitalization of $11.14 billion, a PE ratio of 57.71, a price-to-earnings-growth ratio of 11.07 and a beta of 1.83. Floor & Decor Holdings, Inc. has a 12 month low of $89.06 and a 12 month high of $135.67. The company's 50 day moving average price is $102.91 and its 200 day moving average price is $105.82.

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.