The most recent SEC filing that the company has made reveals that during the third quarter, Creative Planning decreased the number of shares of Floor & Decor Holdings, INC (NYSE: FND) that it owned. Following the completion of the investor’s quarter-long sale of 2,849 shares of the company’s stock, the institutional investor’s portfolio currently consists of 3,151 shares.
At the end of the most recent financial quarter, Creative Planning had an interest in Floor & Decor that was worth a total of $221,000 in the market.
The most recent update pertains to the holdings of FND previously held by hedge funds and other institutional investors.
During the third quarter, Duality Advisers LP provided Floor & Decor with an investment that was worth a total of $1,511,000.
The portfolio held by the Teacher Retirement System of Texas at the end of the third quarter included 7.1% more shares of Floor & Decor than it did at the beginning of the quarter.
The Teacher Retirement System of Texas now holds 17,895 shares after purchasing an additional 1,192 shares during the preceding quarter.
The value of the Teacher Retirement System of Texas’s holdings in the company at present is $1,257,000.
Through the course of the third quarter, Barclays PLC was able to achieve a 692.9% increase in the proportion of Floor & Decor stock that it owned.
Barclays PLC increased its holdings in the company by purchasing an additional 219,119 shares during the preceding quarter, bringing its total number of shares to 250,741, which are currently valued at $17,616,000.
During the third quarter, Parkside Financial Bank & Trust achieved a 25.7% increase in the proportion of Floor & Decor stock it owned.
Parkside Financial Bank & Trust now has a total of 899 shares, and the value of those shares is $63,000.
During the most recent quarter, the bank purchased an additional 184 shares, bringing the total number of shares owned by the bank to 899. Not to mention, the Great West Life Assurance Company of Canada increased the total amount it had invested in floors and decor by 132.5% during the third quarter of 2018.
The Great West Life Assurance Company of Canada now directly owns 12,740 shares.
The current market value of these shares is $896,000.
This is a direct consequence of the company purchasing 7,261 additional shares during the most recent fiscal quarter.
On Wednesday, the first day of trading for FND, the price was $100.85.
The company has seen a moving average of $80.10 over the past 50 days and a moving average of $78.58 over the last 200 days. Floor & Decor Holdings, INC has seen its share price go as low as $59.91 and as high as $112.79 over the past year.
Both the company’s debt-to-equity ratio, which is 0.23, and its current ratio, which is 1.41, are low.
In addition, Floor & Decor Holdings, INC has a quick ratio of 0.17.
The company is estimated to have a market capitalization of $10.70 billion.
It possesses the following ratios:
A price-to-earnings ratio of 38.94
A price-to-earnings-growth ratio of 1.30
A beta value of 1.82
Regarding FND, various research projects and expert studies have been compiled and written. Robert W.
Baird rated the company as “outperforming” and decreased their target price on Floor & Decor from $95.00 to $90.00 in a research report published on November 4th.
The report was distributed to the public.
The price had been set at $95.00 as the previous target. Sanford C.
Bernstein released the first of a series of research reports on Tuesday, December 6th, covering flooring and decor.
They have placed an “outperform” rating on the company, and their price objective for the stock is set at $112.00. Guggenheim lowered their target price for Floor & Decor to $90.00 in a research report that was made public on November 1st, and the report was released on Tuesday.
The stock of the company was the subject of the study.
The research report on Floor & Decor was going to be covered for the first time by Credit Suisse Group on Monday, December 19th.
They assigned the business the rating of “neutral” and decided that $800.00 was an acceptable price range to work within.
Barclays began coverage of the Floor & Decor company in a research study released on Tuesday.
This is the last but not the least important point.
They gave the business an “underweight” rating, the lowest possible score for a classification.
There has been one recommendation made by an equity research analyst to sell the stock, six recommendations by experts to hold onto the stock, and ten recommendations by analysts to purchase the stock.
According to information that Bloomberg provided, the stock is currently rated as having an average recommendation of “Moderate Buy,” and it has a price target that is generally agreed upon to be $93.63.
A retailer specializing in the sale of hard surface flooring and the accessories that go along with it, Floor & Decor Holdings, INC They have a variety of options for flooring, including stone and hardwood.
In addition to carrying building materials for walls, living rooms, kitchens, and bathrooms, it also sells tile, vinyl, and laminate flooring.
Additionally, it carries and sells laminate flooring. George Vincent West founded the company in 2000, and its operations are currently managed from its headquarters, located in the metropolitan area of Atlanta within the state of Georgia.
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