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

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

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. raised its position in shares of Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after buying an additional 196 shares during the period. Quarry LP acquired a new stake in shares of Floor & Decor in the third quarter valued at $34,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Floor & Decor during the third quarter worth $74,000. UMB Bank n.a. grew its stake in shares of Floor & Decor by 30.8% during the fourth quarter. UMB Bank n.a. now owns 935 shares of the company’s stock worth $93,000 after purchasing an additional 220 shares in the last quarter. Finally, Trust Co. of Vermont grew its stake in shares of Floor & Decor by 21.1% during the fourth quarter. Trust Co. of Vermont now owns 1,150 shares of the company’s stock worth $115,000 after purchasing an additional 200 shares in the last quarter.

Analysts Set New Price Targets

FND has been the subject of several research analyst reports. Stifel Nicolaus upped their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the company a “hold” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their target price on shares of Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. Mizuho increased their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Piper Sandler dropped their target price on shares of Floor & Decor from $118.00 to $103.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, The Goldman Sachs Group cut 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. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $105.39.

Floor & Decor Stock Down 3.3 %

FND opened at $95.42 on Thursday. Floor & Decor Holdings, Inc. has a 1-year low of $89.06 and a 1-year high of $135.67. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $10.23 billion, a price-to-earnings ratio of 53.01, a P/E/G ratio of 19.97 and a beta of 1.83. The business has a 50 day moving average of $100.33 and a 200-day moving average of $106.04.

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.