Vantage Investment Partners LLC Has $20.55 Million Position in Floor & Decor Holdings, Inc. (NYSE:FND)

Vantage Investment Partners LLC trimmed its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 184,245 shares of the company's stock after selling 25,305 shares during the period. Floor & Decor comprises 2.0% of Vantage Investment Partners LLC's investment portfolio, making the stock its 17th largest position. Vantage Investment Partners LLC owned 0.17% of Floor & Decor worth $20,554,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FND. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Floor & Decor by 32.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,652 shares of the company's stock valued at $539,000 after buying an additional 1,619 shares in the last quarter. HighTower Advisors LLC increased its stake in Floor & Decor by 28.2% in the 1st quarter. HighTower Advisors LLC now owns 13,092 shares of the company's stock worth $1,062,000 after purchasing an additional 2,882 shares during the period. PNC Financial Services Group Inc. increased its stake in Floor & Decor by 84.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,055 shares of the company's stock worth $733,000 after purchasing an additional 4,138 shares during the period. Bank of Montreal Can increased its stake in Floor & Decor by 4.3% in the 1st quarter. Bank of Montreal Can now owns 11,755 shares of the company's stock worth $1,047,000 after purchasing an additional 490 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in Floor & Decor by 273.9% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 789 shares of the company's stock worth $64,000 after purchasing an additional 578 shares during the period.

Analyst Ratings Changes

FND has been the topic of a number of analyst reports. Guggenheim lifted their price target on Floor & Decor from $115.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, February 27th. UBS Group downgraded Floor & Decor from a "buy" rating to a "neutral" rating and set a $135.00 target price for the company. in a report on Tuesday, March 5th. Sanford C. Bernstein downgraded Floor & Decor from an "outperform" rating to a "market perform" rating and upped their target price for the company from $100.00 to $115.00 in a report on Tuesday, January 16th. Mizuho started coverage on Floor & Decor in a report on Tuesday, March 19th. They set a "neutral" rating and a $115.00 target price for the company. Finally, Telsey Advisory Group upped their target price on Floor & Decor from $95.00 to $110.00 and gave the company a "market perform" rating in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $110.19.

Floor & Decor Stock Down 1.4 %

Shares of NYSE FND traded down $1.48 during trading on Friday, reaching $108.10. The company had a trading volume of 979,166 shares, compared to its average volume of 1,083,733. Floor & Decor Holdings, Inc. has a 12-month low of $76.30 and a 12-month high of $135.67. The stock has a market cap of $11.54 billion, a PE ratio of 47.62, a P/E/G ratio of 5.21 and a beta of 1.85. The business's 50-day moving average is $119.00 and its 200 day moving average is $104.67. The company has a quick ratio of 0.18, a current ratio of 1.14 and a debt-to-equity ratio of 0.10.

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

Insider Activity at Floor & Decor

In related news, Director Norman Axelrod sold 40,000 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $119.97, for a total transaction of $4,798,800.00. Following the sale, the director now directly owns 226,080 shares of the company's stock, valued at $27,122,817.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO David Victor Christopherson sold 6,850 shares of the firm's stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $118.70, for a total value of $813,095.00. Following the transaction, the chief accounting officer now owns 25,271 shares of the company's stock, valued at $2,999,667.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Norman Axelrod sold 40,000 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $119.97, for a total value of $4,798,800.00. Following the sale, the director now owns 226,080 shares of the company's stock, valued at approximately $27,122,817.60. The disclosure for this sale can be found here. Insiders have sold 90,867 shares of company stock valued at $11,016,089 over the last ninety days. Insiders own 2.10% of the company's stock.

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.