Centaurus Financial Inc. Sells 3,552 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Centaurus Financial Inc. cut its position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 147,759 shares of the company's stock after selling 3,552 shares during the quarter. Floor & Decor comprises about 0.9% of Centaurus Financial Inc.'s portfolio, making the stock its 20th biggest holding. Centaurus Financial Inc. owned approximately 0.14% of Floor & Decor worth $14,732,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank raised its holdings in Floor & Decor by 120.5% in the 4th quarter. Huntington National Bank now owns 344 shares of the company's stock valued at $34,000 after acquiring an additional 188 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in Floor & Decor in the 4th quarter valued at $35,000. Blue Trust Inc. raised its holdings in Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company's stock valued at $44,000 after acquiring an additional 166 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in Floor & Decor in the 4th quarter valued at $49,000. Finally, Proficio Capital Partners LLC acquired a new position in Floor & Decor in the 4th quarter valued at $49,000.

Analysts Set New Price Targets

Several equities analysts have weighed in on FND shares. Gordon Haskett cut Floor & Decor from a "buy" rating to a "hold" rating in a report on Friday, April 4th. Stifel Nicolaus dropped their price objective on Floor & Decor from $110.00 to $92.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Mizuho dropped their price objective on Floor & Decor from $100.00 to $80.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. JPMorgan Chase & Co. lifted their price objective on Floor & Decor from $103.00 to $110.00 and gave the company a "neutral" rating in a report on Monday, February 10th. Finally, Wells Fargo & Company lowered their price target on Floor & Decor from $80.00 to $75.00 and set an "overweight" rating for the company in a report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $93.56.

Floor & Decor Price Performance

FND stock traded down $1.25 during midday trading on Friday, reaching $71.66. 1,565,722 shares of the stock were exchanged, compared to its average volume of 1,820,303. The stock has a market capitalization of $7.71 billion, a PE ratio of 37.72, a P/E/G ratio of 19.06 and a beta of 1.79. Floor & Decor Holdings, Inc. has a 52 week low of $66.01 and a 52 week high of $126.24. 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 company has a fifty day moving average price of $74.66 and a 200 day moving average price of $90.90.

Floor & Decor (NYSE:FND - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.45 earnings per share for the quarter, hitting analysts' consensus estimates of $0.45. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. Floor & Decor had a return on equity of 9.80% and a net margin of 4.62%. Floor & Decor's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor 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.