Victory Capital Management Inc. Has $3.83 Million Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Victory Capital Management Inc. increased its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 38,364 shares of the company’s stock after purchasing an additional 259 shares during the quarter. Victory Capital Management Inc.’s holdings in Floor & Decor were worth $3,825,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FND. Atria Investments Inc boosted its holdings in shares of Floor & Decor by 4.0% during the third quarter. Atria Investments Inc now owns 7,004 shares of the company’s stock worth $870,000 after purchasing an additional 267 shares during the period. KBC Group NV boosted its holdings in shares of Floor & Decor by 9.0% during the third quarter. KBC Group NV now owns 2,825 shares of the company’s stock worth $351,000 after purchasing an additional 234 shares during the period. CIBC Asset Management Inc boosted its holdings in shares of Floor & Decor by 3.7% during the third quarter. CIBC Asset Management Inc now owns 3,106 shares of the company’s stock worth $386,000 after purchasing an additional 110 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Floor & Decor by 14.4% during the third quarter. Natixis Advisors LLC now owns 408,012 shares of the company’s stock worth $50,663,000 after purchasing an additional 51,322 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Floor & Decor by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 31,818 shares of the company’s stock valued at $3,951,000 after acquiring an additional 2,586 shares during the last quarter.

Analysts Set New Price Targets

FND has been the subject of a number of analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $115.00 target price on shares of Floor & Decor in a research note on Friday, February 21st. Stifel Nicolaus upgraded shares of Floor & Decor from a “hold” rating to a “buy” rating and lifted their target price for the company from $100.00 to $110.00 in a research note on Monday, February 24th. Wedbush cut shares of Floor & Decor from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $110.00 to $100.00 in a research note on Friday, February 14th. 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 research note on Thursday, January 30th. Finally, Gordon Haskett upgraded shares of Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research note on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Floor & Decor presently has a consensus rating of “Hold” and an average target price of $104.83.

Floor & Decor Trading Up 0.9 %

Shares of FND stock opened at $85.73 on Friday. Floor & Decor Holdings, Inc. has a 1 year low of $84.07 and a 1 year high of $135.67. The firm’s fifty day simple moving average is $96.94 and its 200 day simple moving average is $104.67. The firm has a market capitalization of $9.21 billion, a P/E ratio of 45.12, a price-to-earnings-growth 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 (NYSE:FND) last announced its earnings results 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 net margin of 4.62% and a return on equity of 9.80%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.08 billion. As a group, sell-side analysts predict 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.