18,367 Shares in Armstrong Flooring, Inc. (AFI) Acquired by Citadel Advisors LLC

Citadel Advisors LLC purchased a new position in Armstrong Flooring, Inc. (NYSE:AFI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,367 shares of the construction company’s stock, valued at approximately $330,000. Citadel Advisors LLC owned about 0.07% of Armstrong Flooring as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AFI. Oppenheimer Asset Management Inc. grew its stake in shares of Armstrong Flooring by 138.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,800 shares of the construction company’s stock worth $158,000 after buying an additional 5,102 shares during the last quarter. KBC Group NV grew its stake in shares of Armstrong Flooring by 1.2% in the 2nd quarter. KBC Group NV now owns 18,663 shares of the construction company’s stock worth $335,000 after buying an additional 225 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Armstrong Flooring by 34.9% in the 2nd quarter. Alliancebernstein L.P. now owns 19,710 shares of the construction company’s stock worth $354,000 after buying an additional 5,100 shares during the last quarter. Symphony Asset Management LLC grew its stake in shares of Armstrong Flooring by 4.0% in the 2nd quarter. Symphony Asset Management LLC now owns 21,003 shares of the construction company’s stock worth $377,000 after buying an additional 808 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Armstrong Flooring by 69.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 21,403 shares of the construction company’s stock worth $385,000 after buying an additional 8,789 shares during the last quarter.

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Several analysts recently weighed in on AFI shares. Stifel Nicolaus restated a “hold” rating and issued a $20.00 price target on shares of Armstrong Flooring in a research note on Monday, August 7th. Gabelli downgraded Armstrong Flooring from a “buy” rating to a “hold” rating and set a $18.00 price target on the stock. in a research note on Tuesday, August 8th. Nomura restated a “neutral” rating on shares of Armstrong Flooring in a research note on Tuesday, August 8th. Zacks Investment Research downgraded Armstrong Flooring from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, TheStreet downgraded Armstrong Flooring from a “c-” rating to a “d+” rating in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $24.20.

Armstrong Flooring, Inc. (NYSE AFI) opened at 16.41 on Thursday. Armstrong Flooring, Inc. has a 12-month low of $13.55 and a 12-month high of $22.96. The stock’s 50 day moving average price is $15.65 and its 200 day moving average price is $15.65. The company has a market capitalization of $444.46 million, a PE ratio of 745.91 and a beta of 4.77.

Armstrong Flooring (NYSE:AFI) last announced its quarterly earnings data on Monday, August 7th. The construction company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.12). The company had revenue of $297.30 million for the quarter, compared to analysts’ expectations of $324.63 million. Armstrong Flooring had a negative net margin of 0.03% and a positive return on equity of 1.99%. Armstrong Flooring’s revenue was down 8.2% compared to the same quarter last year. On average, equities analysts anticipate that Armstrong Flooring, Inc. will post $0.23 EPS for the current fiscal year.

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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