State of Alaska Department of Revenue Sells 170 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

State of Alaska Department of Revenue lowered its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,230 shares of the company’s stock after selling 170 shares during the period. State of Alaska Department of Revenue’s holdings in Floor & Decor were worth $1,219,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FND. FMR LLC raised its position in Floor & Decor by 34.7% during the 3rd quarter. FMR LLC now owns 5,015,871 shares of the company’s stock worth $622,821,000 after purchasing an additional 1,291,214 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Floor & Decor by 221.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company’s stock valued at $60,067,000 after buying an additional 333,338 shares during the period. JPMorgan Chase & Co. raised its position in shares of Floor & Decor by 16.0% during the third quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company’s stock worth $200,865,000 after acquiring an additional 223,332 shares during the last quarter. State Street Corp lifted its stake in shares of Floor & Decor by 6.3% in the third quarter. State Street Corp now owns 3,769,808 shares of the company’s stock worth $468,097,000 after acquiring an additional 222,980 shares during the period. Finally, DF Dent & Co. Inc. boosted its holdings in Floor & Decor by 30.2% in the third quarter. DF Dent & Co. Inc. now owns 591,753 shares of the company’s stock valued at $73,478,000 after acquiring an additional 137,388 shares during the last quarter.

Floor & Decor Price Performance

NYSE:FND opened at $95.72 on Thursday. Floor & Decor Holdings, Inc. has a 52-week low of $89.06 and a 52-week high of $135.67. The stock has a fifty day moving average of $101.69 and a 200 day moving average of $106.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 53.18, a P/E/G ratio of 11.51 and a beta of 1.83.

Analysts Set New Price Targets

Several research analysts have issued reports on FND shares. The Goldman Sachs Group lowered shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price target for the company. in a report on Thursday, January 30th. Barclays raised shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $75.00 to $91.00 in a research note on Wednesday, January 8th. Wells Fargo & Company upped their price target on shares of Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday, October 28th. Telsey Advisory Group reissued a “market perform” rating and issued a $95.00 price objective on shares of Floor & Decor in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. upped their target price on Floor & Decor from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $105.67.

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.