Jump Financial LLC Purchases Shares of 4,328 Floor & Decor Holdings, Inc. (NYSE:FND)

Jump Financial LLC bought a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,328 shares of the company's stock, valued at approximately $432,000.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Floor & Decor by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 9,792,571 shares of the company's stock valued at $976,319,000 after buying an additional 133,766 shares during the last quarter. Timucuan Asset Management Inc. FL grew its stake in shares of Floor & Decor by 0.4% during the fourth quarter. Timucuan Asset Management Inc. FL now owns 1,790,938 shares of the company's stock valued at $178,557,000 after buying an additional 7,329 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Floor & Decor by 16.0% in the third quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company's stock valued at $200,865,000 after purchasing an additional 223,332 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Floor & Decor by 172.0% in the fourth quarter. Principal Financial Group Inc. now owns 1,464,763 shares of the company's stock valued at $146,037,000 after purchasing an additional 926,208 shares during the period. Finally, Fisher Funds Management LTD purchased a new stake in shares of Floor & Decor in the fourth quarter valued at approximately $128,797,000.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FND. The Goldman Sachs Group lowered Floor & Decor from a "neutral" rating to a "sell" rating and set a $79.00 price target for the company. in a report on Thursday, January 30th. Gordon Haskett lowered Floor & Decor from a "buy" rating to a "hold" rating in a report on Friday, April 4th. Wedbush lowered Floor & Decor from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $110.00 to $100.00 in a report on Friday, February 14th. Barclays upgraded Floor & Decor from an "underweight" rating to an "equal weight" rating and upped their target price for the stock from $75.00 to $91.00 in a report on Wednesday, January 8th. Finally, Wells Fargo & Company set a $80.00 target price on Floor & Decor in a report on Friday, April 25th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $101.33.

Floor & Decor Stock Performance

Shares of NYSE FND traded down $1.11 during mid-day trading on Wednesday, hitting $71.39. The stock had a trading volume of 3,133,406 shares, compared to its average volume of 1,717,556. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The company has a 50 day moving average of $80.87 and a two-hundred day moving average of $95.54. Floor & Decor Holdings, Inc. has a twelve month low of $66.01 and a twelve month high of $126.74. The firm has a market cap of $7.67 billion, a PE ratio of 37.57, a PEG ratio of 19.06 and a beta of 1.86.

Floor & Decor (NYSE:FND - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.14. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.08 billion. Research analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Company 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.