Fort Washington Investment Advisors Inc. OH Lowers Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,673 shares of the company’s stock after selling 1,900 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.16% of Floor & Decor worth $16,916,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FND. CIBC Asset Management Inc grew its stake in Floor & Decor by 3.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,106 shares of the company’s stock worth $386,000 after buying an additional 110 shares in the last quarter. Tidal Investments LLC grew its position in Floor & Decor by 2.0% during the third quarter. Tidal Investments LLC now owns 6,721 shares of the company’s stock valued at $835,000 after acquiring an additional 130 shares during the last quarter. Silver Coast Investments LLC raised its stake in shares of Floor & Decor by 5.1% during the third quarter. Silver Coast Investments LLC now owns 3,074 shares of the company’s stock worth $382,000 after acquiring an additional 150 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Floor & Decor by 7.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,371 shares of the company’s stock worth $236,000 after acquiring an additional 169 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its stake in shares of Floor & Decor by 1.6% in the 3rd quarter. King Luther Capital Management Corp now owns 11,160 shares of the company’s stock valued at $1,386,000 after purchasing an additional 173 shares in the last quarter.

Floor & Decor Stock Performance

Shares of FND stock opened at $100.74 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The company’s fifty day moving average price is $104.03 and its 200-day moving average price is $105.18. The stock has a market cap of $10.80 billion, a PE ratio of 55.97, a price-to-earnings-growth ratio of 11.05 and a beta of 1.84. Floor & Decor Holdings, Inc. has a 12 month low of $89.06 and a 12 month high of $135.67.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. Floor & Decor had a return on equity of 9.69% and a net margin of 4.45%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the previous year, the firm posted $0.61 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities analysts expect that Floor & Decor Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on FND shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $95.00 price objective on shares of Floor & Decor in a report on Monday, November 11th. Wells Fargo & Company increased their price objective 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. Barclays upgraded shares of Floor & Decor from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $75.00 to $91.00 in a report on Wednesday, January 8th. Stifel Nicolaus raised their price target on shares of Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a report on Monday, November 4th. Finally, Mizuho upped their price objective on shares of Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $104.67.

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.