Epoch Investment Partners Inc. lifted its holdings in shares of Armstrong Flooring, Inc. (NYSE:AFI) by 0.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,046,879 shares of the construction company’s stock after purchasing an additional 7,051 shares during the period. Epoch Investment Partners Inc. owned about 4.07% of Armstrong Flooring worth $16,489,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. River Road Asset Management LLC acquired a new stake in Armstrong Flooring during the second quarter worth approximately $26,898,000. Wells Fargo & Company MN boosted its position in Armstrong Flooring by 3,131.5% during the second quarter. Wells Fargo & Company MN now owns 512,971 shares of the construction company’s stock worth $9,219,000 after acquiring an additional 497,097 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Armstrong Flooring by 28.0% during the second quarter. Gamco Investors INC. ET AL now owns 1,361,590 shares of the construction company’s stock worth $24,468,000 after acquiring an additional 298,068 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Armstrong Flooring by 46.9% during the second quarter. Russell Investments Group Ltd. now owns 771,147 shares of the construction company’s stock worth $13,856,000 after acquiring an additional 246,357 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Armstrong Flooring by 15.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,652,697 shares of the construction company’s stock worth $29,699,000 after acquiring an additional 217,579 shares during the last quarter. 98.53% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on AFI. TheStreet upgraded shares of Armstrong Flooring from a “d+” rating to a “c-” rating in a report on Tuesday, November 28th. Zacks Investment Research upgraded shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $15.00 price target on shares of Armstrong Flooring in a report on Friday, November 3rd. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $24.20.

Armstrong Flooring, Inc. (NYSE AFI) opened at $16.77 on Thursday. The firm has a market cap of $434.76, a price-to-earnings ratio of 70.42 and a beta of 4.89. Armstrong Flooring, Inc. has a 1-year low of $13.32 and a 1-year high of $22.96. The company has a quick ratio of 0.98, a current ratio of 2.66 and a debt-to-equity ratio of 0.17.

Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings results on Monday, November 6th. The construction company reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.07). The company had revenue of $308.50 million during the quarter, compared to analyst estimates of $294.68 million. Armstrong Flooring had a negative net margin of 2.40% and a positive return on equity of 1.06%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 EPS. equities research analysts expect that Armstrong Flooring, Inc. will post 0.15 earnings per share for the current year.

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Armstrong Flooring Company Profile

Armstrong Flooring, Inc produces flooring products for use primarily in the construction and renovation of residential, commercial and institutional buildings. The Company designs, manufactures, sources and sells resilient and wood flooring products in North America and the Pacific Rim. It operates through two segments: Resilient Flooring and Wood Flooring.

Institutional Ownership by Quarter for Armstrong Flooring (NYSE:AFI)

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