11,515 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue acquired a new stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,515 shares of the company's stock, valued at approximately $1,284,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale bought a new position in shares of Floor & Decor during the 3rd quarter valued at $30,000. Y.D. More Investments Ltd bought a new position in shares of Floor & Decor during the 3rd quarter valued at $45,000. Stephens Inc. AR lifted its holdings in shares of Floor & Decor by 72.5% during the 1st quarter. Stephens Inc. AR now owns 545 shares of the company's stock valued at $54,000 after buying an additional 229 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Floor & Decor in the 1st quarter worth $57,000. Finally, Benjamin Edwards Inc. purchased a new stake in shares of Floor & Decor in the 2nd quarter worth $58,000.

Floor & Decor Price Performance

Shares of FND traded up $2.38 during midday trading on Monday, hitting $121.57. 1,045,985 shares of the company traded hands, compared to its average volume of 1,424,534. The firm has a 50 day moving average of $117.60 and a 200-day moving average of $103.24. Floor & Decor Holdings, Inc. has a 52 week low of $76.30 and a 52 week high of $135.67. The stock has a market cap of $12.98 billion, a price-to-earnings ratio of 53.56, a PEG ratio of 5.74 and a beta of 1.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.18 and a current ratio of 1.14.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.27 by $0.07. Floor & Decor had a net margin of 5.57% and a return on equity of 13.38%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. The business's revenue was up .0% on a year-over-year basis. On average, analysts forecast that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Guggenheim upped their price objective on Floor & Decor from $115.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, February 27th. Wedbush upped their price objective on Floor & Decor from $115.00 to $125.00 and gave the stock an "outperform" rating in a research note on Friday, February 23rd. Barclays upped their price objective on Floor & Decor from $66.00 to $75.00 and gave the stock an "underweight" rating in a research note on Thursday, January 4th. Telsey Advisory Group upped their price objective on Floor & Decor from $95.00 to $110.00 and gave the stock a "market perform" rating in a research note on Friday, February 23rd. Finally, Bank of America upped their price objective on Floor & Decor from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Floor & Decor currently has a consensus rating of "Hold" and an average price target of $109.45.

Insider Activity at Floor & Decor

In related news, CFO Bryan Langley sold 5,865 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $119.86, for a total value of $702,978.90. Following the completion of the transaction, the chief financial officer now owns 17,422 shares of the company's stock, valued at approximately $2,088,200.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CFO Bryan Langley sold 5,865 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $119.86, for a total value of $702,978.90. Following the completion of the transaction, the chief financial officer now owns 17,422 shares of the company's stock, valued at approximately $2,088,200.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas V. Taylor sold 20,000 shares of the firm's stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $123.11, for a total transaction of $2,462,200.00. Following the completion of the sale, the chief executive officer now directly owns 174,315 shares of the company's stock, valued at approximately $21,459,919.65. The disclosure for this sale can be found here. In the last quarter, insiders sold 90,867 shares of company stock valued at $11,016,089. Insiders own 2.10% of the company's stock.

Floor & Decor Company 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.