Chicago Capital LLC Buys Shares of 4,064 Floor & Decor Holdings, Inc. (NYSE:FND)

Chicago Capital LLC purchased a new position in Floor & Decor Holdings, Inc. (NYSE:FND) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,064 shares of the company’s stock, valued at approximately $405,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in FND. Quarry LP purchased a new stake in Floor & Decor during the third quarter valued at about $34,000. Blue Trust Inc. raised its holdings in shares of Floor & Decor by 242.0% during the 3rd quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after buying an additional 196 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Floor & Decor in the 3rd quarter worth approximately $74,000. UMB Bank n.a. boosted its stake in Floor & Decor by 37.8% in the third quarter. UMB Bank n.a. now owns 715 shares of the company’s stock worth $89,000 after buying an additional 196 shares in the last quarter. Finally, Trust Co. of Vermont grew its position in Floor & Decor by 21.1% during the fourth quarter. Trust Co. of Vermont now owns 1,150 shares of the company’s stock valued at $115,000 after acquiring an additional 200 shares during the last quarter.

Analysts Set New Price Targets

FND has been the subject of a number of recent research reports. Telsey Advisory Group restated a “market perform” rating and issued a $95.00 price objective on shares of Floor & Decor in a report on Monday, November 11th. Wedbush restated an “outperform” rating and set a $110.00 price target on shares of Floor & Decor in a research report on Friday, October 25th. The Goldman Sachs Group downgraded Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price objective on the stock. in a report on Thursday, January 30th. Mizuho increased their target price on Floor & Decor from $98.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company lifted their price target on Floor & Decor from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $104.67.

Floor & Decor Price Performance

Shares of NYSE FND opened at $96.58 on Tuesday. Floor & Decor Holdings, Inc. has a 1 year low of $89.06 and a 1 year high of $135.67. The stock has a market capitalization of $10.36 billion, a P/E ratio of 53.66, a P/E/G ratio of 11.07 and a beta of 1.83. The company’s 50-day moving average is $103.43 and its 200 day moving average is $105.79. 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 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.