Floor & Decor Holdings, Inc. (NYSE:FND) Shares Purchased by Xponance Inc.

Xponance Inc. boosted its holdings in shares of Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 59.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,138 shares of the company's stock after buying an additional 8,647 shares during the quarter. Xponance Inc.'s holdings in Floor & Decor were worth $2,581,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Federated Hermes Inc. boosted its position in shares of Floor & Decor by 2.6% in the fourth quarter. Federated Hermes Inc. now owns 497,361 shares of the company's stock worth $55,486,000 after purchasing an additional 12,761 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Floor & Decor by 10.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,917 shares of the company's stock worth $2,445,000 after purchasing an additional 2,112 shares during the period. Louisiana State Employees Retirement System bought a new position in shares of Floor & Decor in the fourth quarter worth approximately $3,336,000. WCM Investment Management LLC boosted its position in shares of Floor & Decor by 1.0% in the fourth quarter. WCM Investment Management LLC now owns 4,521,719 shares of the company's stock worth $514,979,000 after purchasing an additional 46,964 shares during the period. Finally, Simplicity Solutions LLC bought a new position in shares of Floor & Decor in the fourth quarter worth approximately $238,000.

Floor & Decor Trading Up 1.4 %

Shares of FND traded up $1.49 during midday trading on Tuesday, hitting $110.00. The stock had a trading volume of 1,205,741 shares, compared to its average volume of 1,395,727. The stock's 50 day moving average is $118.93 and its 200 day moving average is $104.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.18. The firm has a market cap of $11.74 billion, a PE ratio of 48.46, a price-to-earnings-growth ratio of 5.21 and a beta of 1.85. Floor & Decor Holdings, Inc. has a 1 year low of $76.30 and a 1 year high of $135.67.

Floor & Decor (NYSE:FND - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.07. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.01 billion. Floor & Decor had a net margin of 5.57% and a return on equity of 13.38%. The business's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share. As a group, analysts forecast that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Insider Transactions at Floor & Decor

In other news, EVP Steven Alan Denny sold 5,152 shares of the company's stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $123.52, for a total value of $636,375.04. Following the transaction, the executive vice president now directly owns 13,271 shares in the company, valued at $1,639,233.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Floor & Decor news, EVP Steven Alan Denny sold 5,152 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $123.52, for a total transaction of $636,375.04. Following the transaction, the executive vice president now directly owns 13,271 shares in the company, valued at approximately $1,639,233.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas V. Taylor sold 20,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $123.11, for a total transaction of $2,462,200.00. Following the transaction, the chief executive officer now owns 174,315 shares in the company, valued at $21,459,919.65. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 90,867 shares of company stock worth $11,016,089. Insiders own 2.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Barclays upped their price target on shares of Floor & Decor from $66.00 to $75.00 and gave the stock an "underweight" rating in a research report on Thursday, January 4th. Stifel Nicolaus lowered their target price on shares of Floor & Decor from $115.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, February 26th. Truist Financial boosted their target price on shares of Floor & Decor from $102.00 to $127.00 and gave the stock a "buy" rating in a report on Tuesday, February 20th. Guggenheim boosted their target price on shares of Floor & Decor from $115.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, February 27th. Finally, The Goldman Sachs Group boosted their target price on shares of Floor & Decor from $71.00 to $79.00 and gave the stock a "neutral" rating in a report on Monday, February 26th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $110.19.

About Floor & Decor

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.