Floor & Decor Holdings, Inc. (NYSE:FND) Position Increased by Atria Investments Inc

Atria Investments Inc lifted its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,004 shares of the company’s stock after acquiring an additional 267 shares during the period. Atria Investments Inc’s holdings in Floor & Decor were worth $870,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in Floor & Decor by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 9,740,052 shares of the company’s stock valued at $1,262,506,000 after purchasing an additional 81,305 shares during the period. Capital Research Global Investors grew its holdings in shares of Floor & Decor by 20.4% during the first quarter. Capital Research Global Investors now owns 7,871,841 shares of the company’s stock valued at $1,020,348,000 after buying an additional 1,334,650 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its position in Floor & Decor by 1.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 1,123,830 shares of the company’s stock valued at $111,720,000 after buying an additional 16,125 shares during the period. Capital International Investors lifted its stake in Floor & Decor by 7.4% in the 1st quarter. Capital International Investors now owns 1,063,151 shares of the company’s stock worth $137,806,000 after acquiring an additional 73,448 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Floor & Decor by 15.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 842,973 shares of the company’s stock worth $83,810,000 after acquiring an additional 115,876 shares in the last quarter.

Analyst Ratings Changes

FND has been the topic of a number of research reports. Guggenheim dropped their target price on Floor & Decor from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Robert W. Baird dropped their price objective on shares of Floor & Decor from $127.00 to $115.00 and set an “outperform” rating on the stock in a research note on Monday, July 29th. Stifel Nicolaus lifted their target price 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. Mizuho increased their price objective on Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company boosted their target price on Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $104.37.

Floor & Decor Stock Up 0.6 %

FND stock opened at $102.89 on Monday. The stock has a market capitalization of $11.03 billion, a price-to-earnings ratio of 57.16, a price-to-earnings-growth ratio of 13.44 and a beta of 1.83. The company has a 50-day moving average of $110.42 and a two-hundred day moving average of $108.36. Floor & Decor Holdings, Inc. has a 52-week low of $88.22 and a 52-week 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.

Floor & Decor (NYSE:FND) last announced its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.14 billion. Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 EPS. As a group, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current year.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.