Virtu Financial LLC Takes Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Virtu Financial LLC acquired a new position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,403 shares of the company's stock, valued at approximately $539,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Louisiana State Employees Retirement System increased its stake in shares of Floor & Decor by 0.3% during the fourth quarter. Louisiana State Employees Retirement System now owns 29,800 shares of the company's stock valued at $2,971,000 after buying an additional 100 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Floor & Decor by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,416 shares of the company's stock valued at $341,000 after purchasing an additional 120 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Floor & Decor by 1.9% in the 4th quarter. Teacher Retirement System of Texas now owns 6,540 shares of the company's stock worth $652,000 after purchasing an additional 122 shares during the period. Tidal Investments LLC boosted its stake 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 purchasing an additional 130 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Floor & Decor by 4.9% during the fourth quarter. Sanctuary Advisors LLC now owns 2,858 shares of the company's stock valued at $296,000 after purchasing an additional 133 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FND. JPMorgan Chase & Co. upped their target price on Floor & Decor from $103.00 to $110.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Stifel Nicolaus raised Floor & Decor from a "hold" rating to a "buy" rating and raised their price objective for the company from $100.00 to $110.00 in a research report on Monday, February 24th. The Goldman Sachs Group downgraded shares of Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 target price for the company. in a report on Thursday, January 30th. Wedbush cut shares of Floor & Decor from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $110.00 to $100.00 in a report on Friday, February 14th. Finally, Telsey Advisory Group reiterated an "outperform" rating and set a $115.00 price objective on shares of Floor & Decor in a research note on Friday, February 21st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $104.11.

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Floor & Decor Stock Performance

NYSE FND traded down $2.99 on Friday, hitting $80.44. 1,488,258 shares of the company's stock traded hands, compared to its average volume of 1,556,598. The firm's 50-day moving average price is $94.33 and its two-hundred day moving average price is $102.92. The firm has a market capitalization of $8.64 billion, a PE ratio of 42.34, a P/E/G ratio of 19.06 and a beta of 1.95. 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 Holdings, Inc. has a 1-year low of $80.25 and a 1-year high of $129.79.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.39 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 analyst estimates of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

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.