Floor & Decor Holdings, Inc. (NYSE:FND) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 82.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,621 shares of the company’s stock after selling 12,302 shares during the quarter. SG Americas Securities LLC’s holdings in Floor & Decor were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of Floor & Decor in the 3rd quarter worth approximately $34,000. Blue Trust Inc. boosted its position in Floor & Decor by 242.0% during the third quarter. Blue Trust Inc. now owns 277 shares of the company’s stock worth $34,000 after purchasing an additional 196 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Floor & Decor in the third quarter valued at $74,000. UMB Bank n.a. grew its holdings in Floor & Decor by 37.8% in the third quarter. UMB Bank n.a. now owns 715 shares of the company’s stock valued at $89,000 after purchasing an additional 196 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in shares of Floor & Decor by 21.1% in the fourth quarter. Trust Co. of Vermont now owns 1,150 shares of the company’s stock valued at $115,000 after buying an additional 200 shares in the last quarter.

Floor & Decor Trading Up 4.0 %

NYSE FND opened at $103.42 on Thursday. The company has a market cap of $11.09 billion, a P/E ratio of 57.46, a P/E/G ratio of 11.07 and a beta of 1.83. Floor & Decor Holdings, Inc. has a 12 month low of $89.06 and a 12 month high of $135.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The company has a 50-day moving average of $102.91 and a 200-day moving average of $105.82.

Analyst Ratings Changes

FND has been the topic of several recent research reports. Stifel Nicolaus boosted their price objective on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price target on shares of Floor & Decor in a report on Friday, October 25th. Wells Fargo & Company raised their price objective on shares of Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $95.00 target price on shares of Floor & Decor in a research note on Monday, November 11th. Finally, Mizuho increased their target price on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $104.67.

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.