Natixis Advisors L.P. Purchases 21,797 Shares of Floor & Decor Holdings, Inc. (NYSE:FND)

Natixis Advisors L.P. lifted its holdings in Floor & Decor Holdings, Inc. (NYSE:FND - Free Report) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 132,970 shares of the company's stock after purchasing an additional 21,797 shares during the period. Natixis Advisors L.P. owned 0.12% of Floor & Decor worth $14,833,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FND. Commonwealth Equity Services LLC boosted its position in shares of Floor & Decor by 9.5% in the third quarter. Commonwealth Equity Services LLC now owns 4,559 shares of the company's stock valued at $413,000 after acquiring an additional 394 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Floor & Decor by 2.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 5,410 shares of the company's stock worth $490,000 after purchasing an additional 136 shares during the period. Raymond James & Associates raised its position in shares of Floor & Decor by 0.5% during the third quarter. Raymond James & Associates now owns 86,168 shares of the company's stock valued at $7,798,000 after buying an additional 435 shares during the last quarter. Verdence Capital Advisors LLC raised its position in shares of Floor & Decor by 6.2% during the third quarter. Verdence Capital Advisors LLC now owns 3,988 shares of the company's stock valued at $361,000 after buying an additional 234 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Floor & Decor by 10.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,805 shares of the company's stock valued at $1,792,000 after buying an additional 1,838 shares during the period.

Insider Activity at Floor & Decor

In other Floor & Decor news, EVP Steven Alan Denny sold 5,152 shares of the business's stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $123.52, for a total transaction of $636,375.04. Following the completion of the sale, the executive vice president now directly owns 13,271 shares of the company's stock, valued at approximately $1,639,233.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Floor & Decor news, CFO Bryan Langley sold 5,865 shares of the company's stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $119.86, for a total value of $702,978.90. Following the completion of the sale, the chief financial officer now owns 17,422 shares of the company's stock, valued at $2,088,200.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Steven Alan Denny sold 5,152 shares of Floor & Decor 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 owns 13,271 shares in the company, valued at approximately $1,639,233.92. The disclosure for this sale can be found here. Insiders have sold a total of 90,867 shares of company stock worth $11,016,089 over the last 90 days. Insiders own 2.10% of the company's stock.

Floor & Decor Price Performance

Shares of FND traded down $0.06 during mid-day trading on Tuesday, hitting $116.91. 1,357,050 shares of the company traded hands, compared to its average volume of 1,400,134. The company has a current ratio of 1.17, a quick ratio of 0.21 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 56.48, a PEG ratio of 5.51 and a beta of 1.86. The business has a 50-day moving average of $118.92 and a 200 day moving average of $106.64. Floor & Decor Holdings, Inc. has a one year low of $76.30 and a one year high of $135.67.

Floor & Decor (NYSE:FND - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Floor & Decor had a return on equity of 11.80% and a net margin of 5.11%. The business's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.66 EPS. As a group, equities analysts expect that Floor & Decor Holdings, Inc. will post 1.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Sanford C. Bernstein cut Floor & Decor from an "outperform" rating to a "market perform" rating and boosted their price objective for the company from $100.00 to $115.00 in a research report on Tuesday, January 16th. UBS Group reduced their price objective on shares of Floor & Decor from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Friday. Bank of America increased their price target on shares of Floor & Decor from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, March 14th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $110.00 price objective on shares of Floor & Decor in a report on Monday, April 29th. Finally, Piper Sandler increased their target price on Floor & Decor from $105.00 to $115.00 and gave the stock a "neutral" rating in a report on Tuesday, April 9th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Floor & Decor presently has a consensus rating of "Hold" and an average price target of $108.76.

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.