Floor & Decor Holdings, Inc. (NYSE:FND) Shares Acquired by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. boosted its position in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 7.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,032 shares of the company's stock after purchasing an additional 14,187 shares during the period. ST Germain D J Co. Inc. owned about 0.19% of Floor & Decor worth $16,418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in FND. Louisiana State Employees Retirement System increased its position in shares of Floor & Decor by 0.3% in the fourth quarter. Louisiana State Employees Retirement System now owns 29,800 shares of the company's stock valued at $2,971,000 after buying an additional 100 shares in the last quarter. Advisory Research Inc. grew its stake in Floor & Decor by 0.7% in the 4th quarter. Advisory Research Inc. now owns 17,271 shares of the company's stock valued at $1,722,000 after acquiring an additional 115 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Floor & Decor by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 3,416 shares of the company's stock valued at $341,000 after acquiring an additional 120 shares in the last quarter. Teacher Retirement System of Texas raised its position in Floor & Decor by 1.9% during the fourth quarter. Teacher Retirement System of Texas now owns 6,540 shares of the company's stock worth $652,000 after acquiring an additional 122 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Floor & Decor by 4.9% in the fourth quarter. Sanctuary Advisors LLC now owns 2,858 shares of the company's stock valued at $296,000 after purchasing an additional 133 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on FND. Evercore ISI cut their price objective on Floor & Decor from $95.00 to $90.00 and set an "in-line" rating for the company in a research report on Tuesday, April 1st. Robert W. Baird lowered their target price on Floor & Decor from $125.00 to $100.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Telsey Advisory Group reiterated an "outperform" rating and set a $115.00 target price on shares of Floor & Decor in a report on Monday, April 28th. Piper Sandler lowered 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, Gordon Haskett cut Floor & Decor from a "buy" rating to a "hold" rating in a report on Friday, April 4th. 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 company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $93.56.

Floor & Decor Stock Up 0.4%

Shares of NYSE:FND traded up $0.30 during midday trading on Wednesday, hitting $73.38. 1,515,431 shares of the company's stock traded hands, compared to its average volume of 1,825,276. 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 cap of $7.90 billion, a PE ratio of 38.62, a P/E/G ratio of 19.06 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.29 and a current ratio of 1.16. The firm's fifty day moving average price is $74.20 and its two-hundred day moving average price is $90.55.

Floor & Decor (NYSE:FND - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. Floor & Decor had a net margin of 4.62% and a return on equity of 9.80%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the firm posted $0.46 EPS. The firm's quarterly revenue was up 5.8% on a year-over-year basis. On average, equities research analysts anticipate that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Floor & Decor Company 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.