Floor & Decor Holdings, Inc. (NYSE:FND) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 10.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 309,638 shares of the company's stock after buying an additional 29,480 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.29% of Floor & Decor worth $30,871,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FND. Huntington National Bank boosted its holdings in shares of Floor & Decor by 120.5% in the fourth 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 purchased a new stake in Floor & Decor in the 4th quarter valued at approximately $35,000. Blue Trust Inc. boosted 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 purchasing an additional 166 shares in the last quarter. Bank of Jackson Hole Trust purchased a new stake in Floor & Decor in the 4th quarter valued at approximately $49,000. Finally, Proficio Capital Partners LLC purchased a new stake in Floor & Decor in the 4th quarter valued at approximately $49,000.

Analysts Set New Price Targets

FND has been the topic of several research analyst reports. Robert W. Baird decreased their target price on shares of Floor & Decor from $125.00 to $100.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Loop Capital decreased their target price on shares of Floor & Decor from $95.00 to $75.00 and set a "hold" rating on the stock in a research report on Tuesday, May 6th. The Goldman Sachs Group decreased their target price on shares of Floor & Decor from $81.00 to $70.00 and set a "sell" rating on the stock in a research report on Friday, May 2nd. Piper Sandler reduced their target price on Floor & Decor from $90.00 to $80.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company reduced their target price on shares of Floor & Decor from $80.00 to $75.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Floor & Decor has an average rating of "Hold" and a consensus target price of $93.56.

Floor & Decor Stock Down 1.7%

NYSE FND traded down $1.25 on Friday, hitting $71.66. 1,565,722 shares of the stock traded hands, compared to its average volume of 1,820,303. The stock has a 50-day moving average of $74.66 and a 200 day moving average of $90.98. Floor & Decor Holdings, Inc. has a twelve month low of $66.01 and a twelve month high of $126.24. The company has a market capitalization of $7.71 billion, a P/E ratio of 37.72, a price-to-earnings-growth ratio of 19.06 and a beta of 1.79. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate 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%. The business's revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 EPS. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 2 earnings per share 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.