Floor & Decor Holdings, Inc. (NYSE:FND) Stock Position Raised by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 136.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,647 shares of the company's stock after acquiring an additional 5,575 shares during the quarter. Quantinno Capital Management LP's holdings in Floor & Decor were worth $962,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Nuveen Asset Management LLC increased its holdings in shares of Floor & Decor by 0.6% in the 4th quarter. Nuveen Asset Management LLC now owns 199,750 shares of the company's stock valued at $19,915,000 after acquiring an additional 1,210 shares during the last quarter. J. Goldman & Co LP bought a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $331,000. Janus Henderson Group PLC increased its holdings in shares of Floor & Decor by 5.1% in the 4th quarter. Janus Henderson Group PLC now owns 62,150 shares of the company's stock valued at $6,195,000 after acquiring an additional 3,032 shares during the last quarter. Graham Capital Management L.P. bought a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $1,849,000. Finally, Focus Partners Wealth acquired a new position in Floor & Decor during the 4th quarter valued at approximately $2,368,000.

Floor & Decor Price Performance

Shares of FND traded up $1.09 during midday trading on Thursday, reaching $72.63. The stock had a trading volume of 372,820 shares, compared to its average volume of 1,808,316. 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 company has a market capitalization of $7.81 billion, a P/E ratio of 38.22, a P/E/G ratio of 19.06 and a beta of 1.79. The firm's 50 day moving average price is $75.13 and its 200-day moving average price is $91.48. Floor & Decor Holdings, Inc. has a 52 week low of $66.01 and a 52 week high of $126.24.

Floor & Decor (NYSE:FND - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.45. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the company earned $0.46 earnings per share. Floor & Decor's revenue was up 5.8% compared to the same quarter last year. On average, analysts forecast that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on FND. Piper Sandler reduced their price objective on Floor & Decor from $90.00 to $80.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Evercore ISI reduced their price objective on Floor & Decor from $95.00 to $90.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. Mizuho reduced their price objective on Floor & Decor from $100.00 to $80.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Guggenheim reduced 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, The Goldman Sachs Group reduced their price objective on Floor & Decor from $81.00 to $70.00 and set a "sell" rating for the company in a research report on Friday, May 2nd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Floor & Decor has a consensus rating of "Hold" and a consensus price target of $93.56.

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.