7,530 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Bought by Versor Investments LP

Versor Investments LP bought a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,530 shares of the company’s stock, valued at approximately $935,000.

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

Floor & Decor Stock Down 2.6 %

FND stock opened at $101.59 on Wednesday. Floor & Decor Holdings, Inc. has a fifty-two week low of $77.82 and a fifty-two 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. The stock has a market capitalization of $10.89 billion, a price-to-earnings ratio of 56.44, a PEG ratio of 13.12 and a beta of 1.83. The business’s fifty day moving average price is $110.63 and its two-hundred day moving average price is $108.52.

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

Wall Street Analysts Forecast Growth

FND has been the subject of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on Floor & Decor from $99.00 to $92.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company raised their target price 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. Wedbush reissued an “outperform” rating and set a $110.00 price target on shares of Floor & Decor in a research report on Friday, October 25th. Melius Research assumed coverage on Floor & Decor in a report on Monday, September 23rd. They issued a “sell” rating and a $80.00 price objective for the company. Finally, 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. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and a consensus price target of $104.37.

Floor & Decor 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.