Amalgamated Bank Has $5.15 Million Holdings in Floor & Decor Holdings, Inc. (NYSE:FND)

Amalgamated Bank increased its holdings in Floor & Decor Holdings, Inc. (NYSE:FND) by 0.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 51,679 shares of the company’s stock after purchasing an additional 156 shares during the period. Amalgamated Bank’s holdings in Floor & Decor were worth $5,152,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FND. FMR LLC boosted its holdings in Floor & Decor by 34.7% in the third quarter. FMR LLC now owns 5,015,871 shares of the company’s stock valued at $622,821,000 after acquiring an additional 1,291,214 shares during the last quarter. Fisher Funds Management LTD acquired a new stake in shares of Floor & Decor during the fourth quarter worth $128,797,000. Principal Financial Group Inc. increased its position in shares of Floor & Decor by 172.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,464,763 shares of the company’s stock worth $146,037,000 after buying an additional 926,208 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Floor & Decor by 221.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 483,752 shares of the company’s stock worth $60,067,000 after buying an additional 333,338 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 223,332 shares during the period.

Floor & Decor Price Performance

FND opened at $96.56 on Friday. Floor & Decor Holdings, Inc. has a 1 year low of $89.06 and a 1 year high of $135.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.29. The firm’s fifty day moving average price is $99.25 and its two-hundred day moving average price is $105.96. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of 50.82, a P/E/G ratio of 19.06 and a beta of 1.83.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.08 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. As a group, analysts anticipate that Floor & Decor Holdings, Inc. will post 2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FND has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on Floor & Decor from $103.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $115.00 target price on shares of Floor & Decor in a research note on Friday, February 21st. Gordon Haskett raised Floor & Decor from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a research note on Friday, February 21st. Wedbush downgraded shares of Floor & Decor from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $110.00 to $100.00 in a research report on Friday, February 14th. Finally, The Goldman Sachs Group lowered shares of Floor & Decor from a “neutral” rating to a “sell” rating and set a $79.00 price objective for the company. in a research note on Thursday, January 30th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Floor & Decor currently has an average rating of “Hold” and an average target price of $106.68.

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.