42,137 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP acquired a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 42,137 shares of the company's stock, valued at approximately $4,201,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FND. Huntington National Bank increased its position in shares of Floor & Decor by 120.5% during the 4th quarter. Huntington National Bank now owns 344 shares of the company's stock valued at $34,000 after purchasing an additional 188 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in Floor & Decor in the 4th quarter worth about $35,000. Blue Trust Inc. boosted its position in shares of Floor & Decor by 59.9% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after buying an additional 166 shares during the period. Bank of Jackson Hole Trust purchased a new stake in shares of Floor & Decor in the fourth quarter worth approximately $49,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Floor & Decor in the fourth quarter worth approximately $49,000.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Loop Capital dropped their price objective on Floor & Decor from $95.00 to $75.00 and set a "hold" rating on the stock in a research note on Tuesday, May 6th. The Goldman Sachs Group dropped their price objective on shares of Floor & Decor from $81.00 to $70.00 and set a "sell" rating on the stock in a report on Friday, May 2nd. Telsey Advisory Group restated an "outperform" rating and issued a $115.00 target price on shares of Floor & Decor in a research note on Monday, April 28th. Guggenheim cut their price objective on Floor & Decor from $115.00 to $100.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Finally, Gordon Haskett lowered shares of Floor & Decor from a "buy" rating to a "hold" rating in a report on Friday, April 4th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $93.56.

Floor & Decor Stock Up 0.4 %

Shares of FND traded up $0.33 during mid-day trading on Friday, reaching $75.52. The company's stock had a trading volume of 1,792,585 shares, compared to its average volume of 1,762,136. The company's 50 day moving average is $77.77 and its 200 day moving average is $93.75. The stock has a market cap of $8.11 billion, a PE ratio of 39.75, a price-to-earnings-growth ratio of 19.06 and a beta of 1.79. Floor & Decor Holdings, Inc. has a 12-month low of $66.01 and a 12-month high of $126.74. 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 - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.45 earnings per share for the quarter, hitting analysts' consensus estimates of $0.45. The company had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.16 billion. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. Equities analysts anticipate 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.