Floor & Decor Holdings, Inc. (NYSE:FND) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,644 shares of the company’s stock after selling 1,274 shares during the period. Mutual of America Capital Management LLC owned 0.05% of Floor & Decor worth $5,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in FND. Quarry LP acquired a new position in shares of Floor & Decor in the 3rd quarter valued at $34,000. Whipplewood Advisors LLC acquired a new position in shares of Floor & Decor in the 4th quarter valued at $35,000. Blue Trust Inc. increased its position in shares of 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 during the period. Bank of Jackson Hole Trust acquired a new position in shares of Floor & Decor in the 4th quarter valued at $49,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of Floor & Decor in the 4th quarter valued at $49,000.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Barclays raised Floor & Decor from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $75.00 to $91.00 in a research report on Wednesday, January 8th. Stifel Nicolaus raised Floor & Decor from a “hold” rating to a “buy” rating and increased their price target for the stock from $100.00 to $110.00 in a research report on Monday, February 24th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $115.00 price target on shares of Floor & Decor in a research report on Friday, February 21st. The Goldman Sachs Group downgraded Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price target on the stock. in a research report on Thursday, January 30th. Finally, Wedbush downgraded Floor & Decor from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $110.00 to $100.00 in a research report on Friday, February 14th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $106.68.

Floor & Decor Trading Down 4.7 %

Shares of Floor & Decor stock opened at $92.07 on Tuesday. The firm has a market capitalization of $9.87 billion, a PE ratio of 48.46, a P/E/G ratio of 19.06 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. The firm’s 50-day moving average price is $99.16 and its 200 day moving average price is $105.98. 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 issued its quarterly earnings results on Thursday, February 20th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.08 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. On average, sell-side analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor 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.