Vantage Investment Partners LLC Increases Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Vantage Investment Partners LLC boosted its stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 2.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,210 shares of the company's stock after purchasing an additional 5,459 shares during the period. Floor & Decor comprises 2.4% of Vantage Investment Partners LLC's investment portfolio, making the stock its 19th largest position. Vantage Investment Partners LLC owned 0.21% of Floor & Decor worth $28,461,000 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 the stock. Chris Bulman Inc purchased a new stake in Floor & Decor during the second quarter valued at $30,000. Blue Trust Inc. boosted its stake in shares of Floor & Decor by 242.0% in the third quarter. Blue Trust Inc. now owns 277 shares of the company's stock worth $34,000 after acquiring an additional 196 shares during the period. J.Safra Asset Management Corp boosted its stake in shares of Floor & Decor by 630.5% in the second quarter. J.Safra Asset Management Corp now owns 431 shares of the company's stock worth $43,000 after acquiring an additional 372 shares during the period. GAMMA Investing LLC boosted its stake in shares of Floor & Decor by 36.7% in the second quarter. GAMMA Investing LLC now owns 704 shares of the company's stock worth $70,000 after acquiring an additional 189 shares during the period. Finally, UMB Bank n.a. boosted its stake in shares of Floor & Decor by 37.8% in the third quarter. UMB Bank n.a. now owns 715 shares of the company's stock worth $89,000 after acquiring an additional 196 shares during the period.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on Floor & Decor from $97.50 to $100.00 and gave the company a "hold" rating in a research note on Monday, November 4th. Robert W. Baird reduced their price target on Floor & Decor from $127.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday, July 29th. Melius Research initiated coverage on Floor & Decor in a report on Monday, September 23rd. They issued a "sell" rating and a $80.00 price target on the stock. Citigroup reduced their price target on Floor & Decor from $109.00 to $104.00 and set a "neutral" rating on the stock in a report on Friday, July 19th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $95.00 price target on shares of Floor & Decor in a report on Monday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $104.37.

Floor & Decor Stock Performance

FND traded down $2.67 during trading on Tuesday, hitting $101.59. 1,310,469 shares of the company traded hands, compared to its average volume of 1,455,865. The firm has a market cap of $10.89 billion, a P/E ratio of 57.92, a price-to-earnings-growth ratio of 13.12 and a beta of 1.83. Floor & Decor Holdings, Inc. has a one year low of $77.82 and a one year 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's fifty day moving average is $110.76 and its 200 day moving average is $108.59.

Floor & Decor (NYSE:FND - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.06. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.14 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.69%. The business's revenue was up .9% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. As a group, equities analysts predict that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Floor & Decor 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.