ST Germain D J Co. Inc. Buys 14,187 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

ST Germain D J Co. Inc. boosted its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 7.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 204,032 shares of the company's stock after purchasing an additional 14,187 shares during the quarter. 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 and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Research Global Investors boosted its holdings in Floor & Decor by 76.8% during the fourth quarter. Capital Research Global Investors now owns 13,316,446 shares of the company's stock worth $1,327,653,000 after buying an additional 5,784,573 shares during the last quarter. Vanguard Group Inc. increased its stake in Floor & Decor by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 9,792,571 shares of the company's stock valued at $976,319,000 after purchasing an additional 133,766 shares in the last quarter. Timucuan Asset Management Inc. FL raised its holdings in Floor & Decor by 0.4% in the fourth quarter. Timucuan Asset Management Inc. FL now owns 1,790,938 shares of the company's stock worth $178,557,000 after purchasing an additional 7,329 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Floor & Decor by 16.0% during the third quarter. JPMorgan Chase & Co. now owns 1,617,658 shares of the company's stock worth $200,865,000 after purchasing an additional 223,332 shares in the last quarter. Finally, Two Creeks Capital Management LP grew its holdings in shares of Floor & Decor by 7.6% in the 4th quarter. Two Creeks Capital Management LP now owns 1,587,590 shares of the company's stock valued at $158,283,000 after buying an additional 112,001 shares during the period.

Floor & Decor Stock Down 1.5%

Shares of NYSE FND traded down $1.06 during trading hours on Friday, hitting $71.44. The company had a trading volume of 1,344,468 shares, compared to its average volume of 1,830,831. Floor & Decor Holdings, Inc. has a 1-year low of $66.01 and a 1-year high of $126.24. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The firm's 50 day moving average is $73.73 and its 200-day moving average is $90.03. The stock has a market capitalization of $7.69 billion, a P/E ratio of 37.60, a price-to-earnings-growth ratio of 19.06 and a beta of 1.79.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on FND. Loop Capital reduced their target price on Floor & Decor from $95.00 to $75.00 and set a "hold" rating on the stock in a report on Tuesday, May 6th. Wedbush cut Floor & Decor from an "outperform" rating to a "neutral" rating and cut their price objective for the company from $110.00 to $100.00 in a report on Friday, February 14th. Telsey Advisory Group reissued an "outperform" rating and set a $115.00 target price on shares of Floor & Decor in a research note on Monday, April 28th. Stifel Nicolaus cut their price target on shares of Floor & Decor from $110.00 to $92.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Guggenheim reduced their price target on shares of Floor & Decor from $115.00 to $100.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $93.56.

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.