Live Oak Private Wealth LLC Acquires 393 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Live Oak Private Wealth LLC grew its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,841 shares of the company’s stock after acquiring an additional 393 shares during the quarter. Live Oak Private Wealth LLC’s holdings in Floor & Decor were worth $5,069,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FND. Chicago Capital LLC acquired a new stake in Floor & Decor during the 4th quarter worth approximately $405,000. Vantage Investment Partners LLC increased its position in shares of Floor & Decor by 1.3% during the fourth quarter. Vantage Investment Partners LLC now owns 232,237 shares of the company’s stock worth $23,154,000 after acquiring an additional 3,027 shares in the last quarter. KBC Group NV raised its holdings in shares of Floor & Decor by 51.8% during the fourth quarter. KBC Group NV now owns 4,288 shares of the company’s stock worth $428,000 after acquiring an additional 1,463 shares during the period. Blue Trust Inc. lifted its position in Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company’s stock valued at $44,000 after acquiring an additional 166 shares in the last quarter. Finally, Bennett Selby Investments LP lifted its position in Floor & Decor by 1.5% in the 4th quarter. Bennett Selby Investments LP now owns 114,358 shares of the company’s stock valued at $11,401,000 after acquiring an additional 1,648 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Telsey Advisory Group reiterated a “market perform” rating and set a $95.00 target price on shares of Floor & Decor in a report on Monday, November 11th. The Goldman Sachs Group lowered Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 target price on the stock. in a research report on Thursday, January 30th. Barclays raised Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $75.00 to $91.00 in a research report on Wednesday, January 8th. Wedbush reiterated an “outperform” rating and issued a $110.00 price objective on shares of Floor & Decor in a report on Friday, October 25th. Finally, Mizuho increased their target price 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. Two 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, Floor & Decor currently has an average rating of “Hold” and an average price target of $104.67.

Floor & Decor Stock Up 0.4 %

Floor & Decor stock opened at $103.87 on Friday. The company’s 50-day moving average price is $102.71 and its two-hundred day moving average price is $105.81. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The stock has a market cap of $11.14 billion, a P/E ratio of 57.71, a P/E/G ratio of 11.07 and a beta of 1.83. Floor & Decor Holdings, Inc. has a twelve month low of $89.06 and a twelve month high of $135.67.

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.