Dimensional Fund Advisors LP lifted its holdings in shares of Armstrong Flooring Inc (NYSE:AFI) by 10.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,819,201 shares of the construction company’s stock after buying an additional 166,504 shares during the period. Dimensional Fund Advisors LP owned 0.07% of Armstrong Flooring worth $28,653,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Oppenheimer Asset Management Inc. grew its position in shares of Armstrong Flooring by 138.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,800 shares of the construction company’s stock valued at $158,000 after buying an additional 5,102 shares during the last quarter. Voya Investment Management LLC grew its position in shares of Armstrong Flooring by 13.7% during the 2nd quarter. Voya Investment Management LLC now owns 12,876 shares of the construction company’s stock valued at $231,000 after buying an additional 1,551 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Armstrong Flooring during the 2nd quarter valued at about $330,000. The Manufacturers Life Insurance Company grew its position in shares of Armstrong Flooring by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,565 shares of the construction company’s stock valued at $351,000 after buying an additional 1,056 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Armstrong Flooring by 34.9% during the 2nd quarter. Alliancebernstein L.P. now owns 19,710 shares of the construction company’s stock valued at $354,000 after buying an additional 5,100 shares during the last quarter. 98.53% of the stock is owned by institutional investors and hedge funds.

Armstrong Flooring Inc (NYSE:AFI) opened at $16.91 on Thursday. 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. The company has a market cap of $422.92, a PE ratio of -16.74 and a beta of 4.92.

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

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Armstrong Flooring from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. TheStreet raised shares of Armstrong Flooring from a “d+” rating to a “c-” rating in a research report on Tuesday, November 28th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $15.00 price objective on shares of Armstrong Flooring in a research report on Friday, November 3rd. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Armstrong Flooring has an average rating of “Hold” and an average price target of $23.33.

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About Armstrong Flooring

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.

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

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