J. Goldman & Co LP Invests $331,000 in Floor & Decor Holdings, Inc. (NYSE:FND)

J. Goldman & Co LP bought a new stake in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,318 shares of the company's stock, valued at approximately $331,000.

Several other large investors have also modified their holdings of the stock. Huntington National Bank grew its holdings in shares of Floor & Decor by 120.5% in the 4th quarter. Huntington National Bank now owns 344 shares of the company's stock worth $34,000 after acquiring an additional 188 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of Floor & Decor in the fourth quarter valued at $35,000. Blue Trust Inc. boosted its position in shares of Floor & Decor by 59.9% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the company's stock worth $44,000 after buying an additional 166 shares in the last quarter. Bank of Jackson Hole Trust acquired a new stake in Floor & Decor in the 4th quarter valued at about $49,000. Finally, Proficio Capital Partners LLC acquired a new stake in Floor & Decor in the 4th quarter valued at about $49,000.

Floor & Decor Stock Up 1.4%

Shares of FND traded up $1.07 during mid-day trading on Friday, reaching $79.47. 3,105,051 shares of the stock traded hands, compared to its average volume of 1,786,764. Floor & Decor Holdings, Inc. has a 12-month low of $66.01 and a 12-month high of $126.24. The firm has a market cap of $8.53 billion, a price-to-earnings ratio of 41.83, a P/E/G ratio of 19.06 and a beta of 1.79. 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 stock has a fifty day simple moving average of $76.99 and a 200 day simple moving average of $93.21.

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

Analysts Set New Price Targets

Several analysts have recently commented on FND shares. Gordon Haskett lowered shares of Floor & Decor from a "buy" rating to a "hold" rating in a research report on Friday, April 4th. Robert W. Baird dropped their price target on Floor & Decor from $125.00 to $100.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Piper Sandler reduced their price objective on Floor & Decor from $90.00 to $80.00 and set a "neutral" rating on the stock in a research 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 research report on Friday, May 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Floor & Decor from $103.00 to $110.00 and gave the company a "neutral" rating in a research note on Monday, February 10th. Two investment 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. Based on data from MarketBeat, Floor & Decor presently has an average rating of "Hold" and an average target price of $93.56.

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.