Roundview Capital LLC Sells 5,565 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Roundview Capital LLC lowered its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 32.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,733 shares of the company's stock after selling 5,565 shares during the quarter. Roundview Capital LLC's holdings in Floor & Decor were worth $944,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank boosted its position in Floor & Decor by 120.5% during the fourth quarter. Huntington National Bank now owns 344 shares of the company's stock worth $34,000 after purchasing an additional 188 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of Floor & Decor by 42.6% in the first quarter. First Horizon Advisors Inc. now owns 853 shares of the company's stock worth $69,000 after buying an additional 255 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Floor & Decor by 18.5% in the first quarter. Signaturefd LLC now owns 1,751 shares of the company's stock worth $141,000 after buying an additional 273 shares in the last quarter. Forum Financial Management LP purchased a new stake in shares of Floor & Decor in the fourth quarter worth about $202,000. Finally, CWM LLC lifted its holdings in shares of Floor & Decor by 67.6% in the first quarter. CWM LLC now owns 2,105 shares of the company's stock worth $169,000 after buying an additional 849 shares in the last quarter.

Floor & Decor Price Performance

Shares of FND stock traded down $2.83 during trading hours on Thursday, hitting $78.72. 1,501,219 shares of the company's stock were exchanged, compared to its average volume of 1,838,157. The company has a market capitalization of $8.47 billion, a PE ratio of 41.65, a PEG ratio of 2.53 and a beta of 1.70. Floor & Decor Holdings, Inc. has a 12-month low of $66.01 and a 12-month high of $124.68. The business's 50 day simple moving average is $76.89 and its 200-day simple moving average is $83.54. The company has a current ratio of 1.22, a quick ratio of 0.27 and a debt-to-equity ratio of 0.09.

Floor & Decor (NYSE:FND - Get Free Report) last issued its 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 4.53% and a return on equity of 9.32%. The firm had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.16 billion. During the same quarter last year, the business earned $0.46 earnings per share. The business's 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 earnings per share for the current year.

Analysts Set New Price Targets

FND has been the topic of a number of recent analyst reports. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price target on shares of Floor & Decor in a report on Monday, April 28th. Piper Sandler lowered their price target on shares of Floor & Decor from $90.00 to $80.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Stifel Nicolaus lowered their target price 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. Guggenheim lowered their target price on shares of Floor & Decor from $115.00 to $100.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Barclays lowered their target price on shares of Floor & Decor from $91.00 to $78.00 and set an "equal weight" rating on the stock in a research note on Friday, May 2nd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $90.33.

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.