65,833 Shares in Floor & Decor Holdings, Inc. (NYSE:FND) Acquired by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC purchased a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 65,833 shares of the company’s stock, valued at approximately $7,344,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. acquired a new position in Floor & Decor in the fourth quarter valued at approximately $1,767,000. Kestra Advisory Services LLC raised its position in shares of Floor & Decor by 7.1% during the third quarter. Kestra Advisory Services LLC now owns 5,292 shares of the company’s stock worth $479,000 after purchasing an additional 349 shares during the period. State of Alaska Department of Revenue acquired a new position in shares of Floor & Decor during the fourth quarter worth approximately $1,284,000. State Board of Administration of Florida Retirement System raised its position in shares of Floor & Decor by 28.0% during the third quarter. State Board of Administration of Florida Retirement System now owns 122,211 shares of the company’s stock worth $11,060,000 after purchasing an additional 26,732 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of Floor & Decor by 3.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 4,991 shares of the company’s stock worth $452,000 after purchasing an additional 165 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Piper Sandler upped their target price on Floor & Decor from $105.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday. TD Cowen assumed coverage on Floor & Decor in a research report on Wednesday. They set a “hold” rating and a $125.00 target price on the stock. Barclays upped their target price on Floor & Decor from $66.00 to $75.00 and gave the stock an “underweight” rating in a research report on Thursday, January 4th. The Goldman Sachs Group upped their price target on Floor & Decor from $71.00 to $79.00 and gave the stock a “neutral” rating in a report on Monday, February 26th. Finally, UBS Group downgraded Floor & Decor from a “buy” rating to a “neutral” rating and set a $135.00 price target for the company. in a report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $110.67.

Floor & Decor Stock Down 2.0 %

Shares of NYSE:FND opened at $112.39 on Friday. Floor & Decor Holdings, Inc. has a 1 year low of $76.30 and a 1 year high of $135.67. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.18. The business has a fifty day moving average price of $118.65 and a two-hundred day moving average price of $103.77. The company has a market capitalization of $12.00 billion, a PE ratio of 49.51, a price-to-earnings-growth ratio of 5.52 and a beta of 1.85.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 22nd. The company reported $0.34 EPS for the quarter, beating 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 quarter in the prior year, the firm earned $0.64 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. Analysts forecast that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Activity

In other news, CFO Bryan Langley sold 5,865 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $119.86, for a total transaction of $702,978.90. Following 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 Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Bryan Langley sold 5,865 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $119.86, for a total transaction of $702,978.90. Following 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 Securities & Exchange Commission, which can be accessed through this link. Also, CEO Thomas V. Taylor sold 20,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $123.11, for a total value of $2,462,200.00. Following the sale, the chief executive officer now directly owns 174,315 shares in the company, valued at approximately $21,459,919.65. The disclosure for this sale can be found here. Insiders have sold 90,867 shares of company stock valued at $11,016,089 in the last 90 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.