TimesSquare Capital Management LLC Has $27.19 Million Stock Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

TimesSquare Capital Management LLC lowered its holdings in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 272,677 shares of the company's stock after selling 14,275 shares during the quarter. TimesSquare Capital Management LLC owned about 0.25% of Floor & Decor worth $27,186,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of FND. FMR LLC boosted its stake in 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 in the last quarter. Principal Financial Group Inc. boosted its stake in Floor & Decor by 172.0% in the fourth quarter. Principal Financial Group Inc. now owns 1,464,763 shares of the company's stock worth $146,037,000 after purchasing an additional 926,208 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Floor & Decor by 221.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company's stock worth $60,067,000 after purchasing an additional 333,338 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Floor & Decor by 16.0% in the third quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company's stock worth $200,865,000 after purchasing an additional 223,332 shares in the last quarter. Finally, State Street Corp boosted its stake in Floor & Decor by 6.3% in the third quarter. State Street Corp now owns 3,769,808 shares of the company's stock worth $468,097,000 after purchasing an additional 222,980 shares in the last quarter.

Floor & Decor Stock Up 1.5 %

Shares of NYSE:FND traded up $1.41 during mid-day trading on Friday, reaching $94.25. 4,833,841 shares of the stock were exchanged, compared to its average volume of 1,630,931. 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 company has a market cap of $10.11 billion, a P/E ratio of 52.36, a P/E/G ratio of 19.57 and a beta of 1.83. Floor & Decor Holdings, Inc. has a one year low of $89.06 and a one year high of $135.67. The stock's 50 day simple moving average is $99.62 and its 200-day simple moving average is $105.93.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on FND shares. Stifel Nicolaus upped their price target on Floor & Decor from $97.50 to $100.00 and gave the company a "hold" rating in a research note on Monday, November 4th. Barclays raised Floor & Decor from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $75.00 to $91.00 in a research note on Wednesday, January 8th. The Goldman Sachs Group lowered Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 price target on the stock. in a research note on Thursday, January 30th. Wedbush lowered Floor & Decor from an "outperform" rating to a "neutral" rating and cut their price target for the company from $110.00 to $100.00 in a research note on Friday, February 14th. Finally, Wells Fargo & Company upped their price target on Floor & Decor from $95.00 to $105.00 and gave the company an "equal weight" rating in a research note on Monday, October 28th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $106.16.

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.